The leadership team of XTI Aerospace on Monday updated investors on plans to bring the TriFan 600 VTOL aircraft to market, almost two weeks after the company’s March 13 listing on the Nasdaq stock exchange following the merger between XTI Aircraft and tech group Inpixon. New CEO Scott Pomeroy said his Colorado-based engineering team is now working to complete the critical design review for the turbine-powered six-passenger model, which the company is pitching as an alternative to current business and regional aircraft.
The merger and share flotation process has taken more than six months to complete since being approved by Inpixon shareholders on Sept. 8, 2023. Company officials did not spell out a timeline for certifying the TriFan 600 but have indicated they expect to start flight testing a full-scale aircraft in the next two years. The aircraft is expected to be certified to operate under instrument flight rules (IFR) and in known icing conditions.
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