DENVER, CO, May 8, 2019 — XTI Aircraft Company (XTI) announced today it successfully completed the first test flights of its 65% scale prototype of the TriFan 600 VTOL aircraft as the company continues its progress on its long-range commercial vertical takeoff airplane.
XTI is firmly committed to taking aviation towards a sustainable future. We are adopting a measured-risk phased approach – first bringing to market a unique game-changing aircraft, while continuing our development of hybrid-electric, and finally all-electric propulsion as technologies mature, regulatory guidance is formulated, and ...
DENVER, CO, USA, May 28, 2019 /EINPresswire.com/ -- XTI Aircraft Company (XTI) announced today it has entered into a sales and services agreement with Heliflite, one of the leading aircraft distributors in Australia.
XTI Aircraft Company (XTI) announced today that its former Senior Vice President for Engineering has been appointed Chief Executive Officer of the company. “We’re entering a new phase for the company,” said David Brody, XTI founder and Chairman.
XTI expects that the TriFan 600 will be a fully certified, high performance, civilian fixed-wing vertical takeoff airplane. We completed initial configuration and engineering analysis for the TriFan 600 in April 2014, and began initial hover tests in May 2019 of our 65% scale flying prototype.
We have audited the accompanying financial statements of XTI Aircraft Company, which comprise the balance sheets as of December 31, 2019 and 2018 and the related statements of operations, changes in