XTI Aircraft Company (Equity)

Funding Details
Awarder
StartEngine
Date Award
January 01, 2024
Vertical
Aerospace
Funding URL
View Funding Page
Valuation
$57,720,000
Funding Amount:
$403,369,500,000

Company Info
Founding Year
2009
Traction
XTI Aircraft Company has achieved significant milestones in its development, including receiving patents in China and Japan, signing term sheets for Series B financing, and forming joint ventures in China. The company's progress in hybrid-electric propulsion and VTOL technology demonstrates its commitment to innovation and growth in the aerospace sector.
Organizations Involved
GE Aviation, AgustaWestland, NEK Advanced Securities Group, Gallagher Industries, Tri-Artisan Partners, Lehman Brothers
Founders
David Brody, Robert LaBelle, Andrew Woglom
Company Description
The Future of Air Travel
Market
Transportation
Location
Greenwood Village, CO, US
Coinvestors
None

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