XTI Aerospace Inc. (XTIA)
NASDAQ (CM) NASDAQ (CM) Primary Summary
XTI Aerospace to Present at the ThinkEquity Conference
ENGLEWOOD, Colo., October 24, 2024 – PRISM MediaWire – XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI Aerospace” or the “Company”) today announced that it will be participating in The ThinkEquity Conference on October 30, 2024, at the Mandarin Oriental Hotel in New York.
XTIA Stock Earnings: XTI Aerospace Reported Results for Q2 2024
XTI Aerospace (NASDAQ: XTIA ) just reported results for the second quarter of 2024. XTI Aerospace reported earnings per share of -$1.05.
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XTI Aerospace Inc. Profile
| Aerospace & Defense Industry | Industrials Sector | Scott A. Pomeroy CEO | NASDAQ (CM) Exchange | 98423K405 CUSIP |
| US Country | 43 Employees | - Last Dividend | 10 Jan 2025 Last Split | - IPO Date |
Overview
XTI Aerospace, Inc., established in 2012 and headquartered in Englewood, Colorado, stands as an innovative player in the aerospace industry with a significant geographical span including the United States, Germany, and the United Kingdom. The company specializes in developing and manufacturing airplanes. By integrating contemporary technology and focusing on unique aircraft designs, XTI Aerospace aims to redefine the airborne transportation landscape. Alongside its aeronautical pursuits, the company is also heavily invested in the industrial sector, providing cutting-edge real-time location systems (RTLS) and indoor intelligence solutions.
Products and Services
- TriFan 600 - This is a revolutionary six-seat aircraft engineered for vertical takeoff and landing. Unlike traditional airplanes, the TriFan 600 is designed to provide the flexibility of a helicopter with the speed, range, and comfort of a business jet. This makes it an ideal solution for quick and efficient transportation in urban and remote areas alike.
- Real-Time Location Systems (RTLS) - XTI Aerospace offers state-of-the-art RTLS for the industrial sector, enhancing operational efficiency and safety. These systems enable precise tracking of assets and personnel within various facilities, facilitating inventory management, workflow optimization, and safety monitoring.
- Indoor Intelligence Software and Hardware Products - The company's portfolio includes:
- Industrial RTLS Software-as-a-Service Platform - A comprehensive solution for managing and analyzing the data collected by RTLS, offering insights and analytics to improve operational decisions.
- IoT Devices, Sensors, and Tags - These components are fundamental for the RTLS, offering real-time data on asset and personnel locations.
- Transceivers/Modules - Devices that facilitate communication between the different elements of the RTLS, ensuring seamless data flow.
- Video Integration - Merging video data with RTLS insights for enhanced security and monitoring.
- Analytics and Insights - Tools and platforms for data analysis, providing actionable intelligence for optimizing operations.
- Augmented Reality and 3D - Incorporating AR and 3D technologies to visualize RTLS data, thereby improving interaction and understanding of spatial relationships.
- Wireless Device Detection for Security - A security-centric application of XTI's technology, focusing on detecting unauthorized wireless devices within secured or sensitive areas.
XTI Aerospace markets its innovative product range through direct sales representatives and a network of channel partners, including original equipment manufacturers, integrators, resellers, and distributors. This strategic approach enables the company to effectively reach diverse industrial and commercial segments on a global scale.
Contact Information
