XTI Aircraft

Headquartered in Colorado, XTI Aircraft is a leading aerospace company that specializes in the development of VTOL aircraft, as well as conventional takeoff and landing vehicles. XTI is known for its flagship aircraft, the TriFan 600, which combines the benefits of a helicopter and a business jet and is able to operate from helipads, airports, or any improved surface without the need for new infrastructure or airspace regulations. The TriFan 600 is capable of vertical takeoff and landing, providing the flexibility to access remote areas and urban environments, and is protected by patents issued in the US, Canada, Japan, China, and Europe.

As of May 2023, XTI Aircraft was taking a strategic and cautious approach with the TriFan 600, introducing an innovative and groundbreaking aircraft to the market with two fuel-efficient turboshaft engines that could operate with 100% sustainable aviation fuel (SAF). Simultaneously, the company was advancing the development of hybrid-electric and eventually all-electric propulsion systems. This approach considered the progression of technology, the formulation of regulatory guidelines, and the establishment of infrastructure. By carefully navigating these factors, XTI aimed to ensure the successful integration of cutting-edge technologies in its aircraft and pave the way for the future of sustainable aviation. The aircraft, with two fuel-efficient turboshaft engines, has a VTOL range of 700 miles, which could be increased to 850 miles if conventional takeoff is used. The TriFan 600 VTOL aircraft was not expected to enter production until 2027, as the program schedule had been delayed by up to three years.

Key customers and partnerships

As of May 2023, the company secured over 600 presales and firm orders representing in excess of USD 6 billion in gross revenue.

In June 2021 , XTI Aircraft formed a JV with Xeriant to develop a hybrid-electric, fixed-wing, long-range VTOL aircraft: the TriFan 600. In September 2021 , XTI Aircraft executed a Letter of Intent (LOI) to pursue a merger allowing Xeriant to acquire 100% of the issued and outstanding shares of XTI; however, the merger was still pending as of May 2023.