23-Jun-2021Source: Xeriant
Xeriant, Inc. (OTC PINK: XERI), (“Xeriant” or “the Company”), a new aerospace technology and advanced materials holding company, announced that it has signed a definitive joint venture agreement with XTI Aircraft Company (“XTI”), a privately held cleantech aviation company based in Englewood, Colorado. The agreement will focus on the development of XTI’s revolutionary hybrid-electric fixed-wing... Read more
4-Apr-2017Source: XTI Aircraft
XTI Aircraft Company (XTI) announced today that it received a written Notice of Allowance from the U.S. Patent and Trademark Office, stating that the USPTO will issue a utility patent for the TriFan 600 vertical takeoff airplane. “This is another important milestone for the company,” said Robert LaBelle, XTI’s Chief Executive Officer. “Issuance of this... Read more
7-Mar-2017Source: XTI Aircraft Company
“We’re replacing the transmission, gears, two large heavier engines and other components,” LaBelle continued, “with electric motors, batteries, generators, and a single smaller turboshaft engine.” “Advanced electric power for aircraft makes the hybrid-electric configuration compelling for the TriFan,” added George Bye, founder, Chairman and CEO of Bye Aerospace. “We can now bring together into one... Read more
