XTI Aerospace reported its second quarter 2025 results and shared updates on corporate milestones and strategic initiatives.
The company made significant progress in the development of the TriFan 600 aircraft for commercial and defense applications.
XTI Aerospace strengthened its balance sheet through strategic partnerships and fundraising activities, positioning itself for future growth.
TriFan 600 Development Milestones
Achieved key milestones in the TriFan 600 development, including finalizing the Global Finite Element Model and selecting drivetrain suppliers.
Strategic and Market Expansion Initiatives
Engaged in strategic partnerships such as an MOU with VerdeGo Aero for hybrid-electric propulsion and expanded the Corporate Advisory Board with industry leaders.
Capital and Balance Sheet Enhancements
Raised $18.4 million through public offerings and over-allotment exercises, ending Q2 2025 with $20.0 million in cash and cash equivalents.
- The progress in TriFan 600 development demonstrates XTI Aerospace's commitment to innovation and market readiness.
- The strategic partnerships and balance sheet enhancements signal XTI Aerospace's proactive approach to sustainable growth.
- Financially, the company's cash and cash equivalents have significantly increased, reflecting improved liquidity and financial stability.
XTI Aerospace's second quarter performance highlights its dedication to advancing cutting-edge aircraft solutions and building a strong foundation for future success.