XTI Aerospace (NASDAQ:XTIA) is a Colorado-based aerospace company dedicated to the design and development of innovative vertical takeoff and landing (VTOL) aircraft. The company’s flagship product, the TriFan® 600, is a hybrid winged aircraft that combines the speed and efficiency of a conventional business jet with the vertical lift capability of a helicopter. By integrating ducted fans for vertical lift and a fixed wing for forward flight, XTI Aerospace aims to offer a safe, reliable and cost-effective solution for corporate, medical and specialized mission operations.
Founded in 2013 as Innovation Sciences, Inc. and later rebranded to XTI Aerospace, the company has focused on advancing tilt-ducted fan technology through iterative prototyping and flight testing. Headquartered in Englewood, Colorado, XTI Aerospace leverages partnerships with established suppliers and engineering firms across North America to refine composite structures, propulsion systems and avionics architectures. The TriFan® 600 program has progressed through wind-tunnel evaluations and full-scale demonstrator flights, positioning the company for forthcoming certification efforts with the Federal Aviation Administration (FAA).
In addition to business aviation, XTI Aerospace is exploring applications of its tilt-ducted fan platform in medical evacuation, search and rescue, and defense markets. The company envisions a global footprint, targeting customers in North America, Europe and the Middle East who require agile, runway-independent air mobility solutions. To support its growth, XTI Aerospace has attracted capital from private investors and strategic partners interested in next-generation vertical flight technologies.
Under the leadership of Founder and Chief Executive Officer George Bye, XTI Aerospace is guided by a management team with deep experience in aircraft development, certification and operations. Tony Franz, Chief Operating Officer, oversees manufacturing and flight test activities, while the engineering staff continues to refine the TriFan® 600’s performance and safety features. Through this leadership and its technological focus, XTI Aerospace aims to reshape short-haul air travel and emergency response with a versatile VTOL aircraft platform.
