FAA Accepts XTI Aerospace Type Certification Application for the TriFan 600

Formal TC Application is a Key Product and Engineering Q1 Milestone

ENGLEWOOD, Colo., March 19, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA) ("XTI" or the "Company"), a pioneer in VTOL and powered-lift aircraft solutions, today announced that its Type Certification (TC) application for the TriFan 600 was accepted by the Federal Aviation Administration (FAA) on March 17, 2025. This marks the achievement of a significant first-quarter milestone in the Company's product and engineering progress.

XTI has been actively collaborating with the FAA's Innovation Office to develop the AC 21-17b "powered-lift" requirements. This formal TC submission moves the certification process forward, with the FAA now tasked with reviewing XTI's G-1 Stage 1, "Basis for Certification" document, and engaging experts within the FAA to work toward the Stage 2 response to the G-1.

"This submission is a pivotal step in the certification process for the TriFan 600, and a significant achievement for our engineering team," said Dave Ambrose, VP of Engineering at XTI Aircraft. "Having completed our General Familiarization briefing with the FAA in December, we're now in a position to further engage with FAA experts and refine our certification plan, ensuring it aligns with the regulatory framework."

"We're excited to take this important step toward achieving certification for the TriFan 600," said Scott Pomeroy, Chairman and CEO of XTI Aerospace. "The powered-lift category is new territory for the FAA and other regulatory bodies, and we've learned a great deal from pioneers like Joby and Archer who have helped shape this regulatory landscape and aided in crafting how the FAA certifies new families of VTOL aircraft. Our collaboration with the FAA is critical as we seek to bring one of the safest aircraft in this emerging category to market."

In a previous market update, the Company outlined six core product and engineering milestones for Q1, listed below, beginning with the downwash/outwash study and leading up to the launch of the "Sparrow" subscale working model in early Q2.

Completed:

• Downwash / Outwash Study – Analyze airflows generated by the aircraft during vertical takeoff and landing to evaluate safety and performance
• Type Certification Application – Formally apply to the FAA for type certification of the TriFan 600

To be Completed:

• Fuel System Design – Optimize fuel system design to reduce unusable fuel and increase fuel capacity
• Engine Air Inlets and Exhaust – Optimize air intake and exhaust design to enhance performance and efficiency of the propulsion system
• Flight Deck Mockup – Develop a flight deck human factors mockup to design and evaluate and optimize ergonomics, pilot controls, and vision polar
• Global Finite Element Model (GFEM) of the latest configuration – Update the comprehensive structural model to evaluate and optimize the aircraft's strength and load paths under various loading conditions

About XTI Aerospace, Inc. 

XTI Aerospace (XTIAerospace.com) (Nasdaq: XTIA) is the parent company of XTI Aircraft Company, an aviation business based near Denver, Colorado, currently developing the TriFan 600, a fixed-wing business aircraft designed to have the vertical takeoff and landing (VTOL) capability of a helicopter, speeds of 345 mph and a range of 700 miles, creating an entirely new category – the vertical lift crossover airplane (VLCA). Additionally, the Inpixon (inpixon.com) business unit of XTI Aerospace is a leader in real-time location systems (RTLS) technology with customers around the world who use the Company's location intelligence solutions in factories and other industrial facilities to help optimize operations, increase productivity, and enhance safety. For more information about XTI Aerospace, please visit XTIAerospace.com and HangerXStudios.com (aviation innovation podcast), and follow the company on LinkedIn, Instagram, X, and YouTube.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act. All statements other than statements of historical fact contained in this press release, including without limitation, statements about the products under development by XTI, the advantages of XTI's technology, and XTI's customers, plans and strategies are forward-looking statements.

Some of these forward-looking statements can be identified by the use of forward-looking words, including "believe," "continue," "could," "would," "will," "estimate," "expect," "intend," "plan," "target," "projects," or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by XTI Aerospace and its management, are inherently uncertain, and many factors may cause the actual results to differ materially from current expectations. XTI undertakes no obligation to revise any forward-looking statements in order to reflect events or circumstances that might subsequently arise. Readers are urged to carefully review and consider the risk factors discussed from time to time in XTI's filings with the SEC, including those factors discussed under the caption "Risk Factors" in its most recent annual report on Form 10-K, filed with the SEC on April 16, 2024, and in subsequent reports filed with or furnished to the SEC.

Contacts

General inquiries:
Email: contact@xtiaerospace.com 
Web: https://xtiaerospace.com/contact/ 

Investor Relations:
Crescendo Communications
Tel: +1 212-671-1020
Email: XTIA@crescendo-ir.com

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SOURCE XTI Aerospace, Inc.