1. XTI Aerospace selects suppliers for TriFan 600 drivetrain system. 2. Key suppliers include Triumph, Formsprag Clutch, and Kamatics Corporation. 3. Announcement marks a significant Q2 2025 engineering milestone. 4. Partnership aims to innovate VTOL aircraft technology. 5. TriFan 600 combines business airplane speed with VTOL capabilities.
The announcement showcases progress and partnerships, boosting investor confidence similar to previous milestones that positively influenced XTIA's stock.
Recent supplier partnerships enhance technological capabilities, signaling potential future revenue growth for XTIA.
The integration and development phases suggest sustained effects on XTIA's future performance as the TriFan 600 nears production.
ENGLEWOOD, Colo., May 22, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced the selection of Triumph Geared Solutions, Formsprag Clutch, and Kamatics Corporation as key supplier-partners for the design, development and manufacture of the drivetrain system for XTI's revolutionary TriFan 600 vertical takeoff and landing (xVTOL) airplane.