XTI Aerospace Launches $20 Million Public Offering for Growth and Expansion

XTI Aerospace Announces $20 Million Public Offering

On September 12, 2025, XTI Aerospace, Inc. (Nasdaq: XTIA) made headlines with the announcement of a significant public offering. The company, known for its advancements in xVTOL (vertical takeoff and landing) and powered-lift aircraft technology, is set to offer 12.5 million shares of common stock, alongside pre-funded warrants and common warrants. This initiative is expected to raise approximately $20 million in gross proceeds.

Overview of the Offering

The combined public offering price is set at $1.60 per share, which includes the pre-funded warrant exercise price. The associated common warrants will have an exercise price of $2.00 per share and are immediately exercisable upon issuance for a duration of five years. This move is a strategic effort by XTI Aerospace not just to boost its finances, but to advance its cutting-edge aviation projects, particularly the development of the TriFan 600 aircraft.

The offering is scheduled to close on September 15, 2025, contingent on customary closing conditions being met. XTI Aerospace plans to utilize the net proceeds to enhance its working capital and fund general corporate activities, with a specific focus on the TriFan 600—a revolutionary aircraft that combines the speed of fixed-wing flight with the convenience of vertical takeoff and landing.

Commitment to Innovation

The TriFan 600 is set to redefine air travel, promising maximum cruising speeds exceeding 300 mph along with a range of up to 1,000 miles. This aircraft aims to fill a unique niche in the aviation market, combining the technology of helicopters with the efficiency of traditional airplanes. Furthermore, XTI’s subsidiary, Inpixon, specializes in real-time location systems (RTLS), serving clients worldwide to optimize operational efficiency and safety in various industrial settings.

Financial Impact and Future Directions

The projected $20 million from this public offering will bolster the company’s financial standing, especially against the backdrop of rising demands for advanced aviation solutions. Although the company has no firm commitments to acquire any additional businesses or technologies at this moment, it remains open to future investments that can enhance its innovative capacity in the aerospace sector.

ThinkEquity has been appointed as the sole placement agent for this offering, ensuring that the company can effectively navigate this financial venture.

Regulatory Compliance

The securities involved in this public offering will be sold as per a shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC). A detailed prospectus will accompany the offering, which will be accessible on the SEC’s website, ensuring transparency and compliance with regulatory standards.

Conclusion

XTI Aerospace is strategically positioning itself for growth with this public offering. By focusing on consolidating its financial resources, the company stands poised to leverage technological innovations in the aerospace arena. With a commitment to developing the TriFan 600 and enhancing its advanced RTLS solutions, XTI Aerospace is not just looking to thrive in the current market but also to shape the future of aviation. This offering may mark a pivotal moment in the company’s trajectory, reflecting its ambition and dedication to pioneering new frontiers in aerospace technology.