INVEST IN XTI AIRCRAFT COMPANY TODAY!
A powerhouse team, including former president of Cessna Aircraft, have come together to change how we fly, connect, and reach new possibilities with XTI Aircraft. After years of engineering as well as extensive market and business planning, they have unveiled a revolutionary piece of aviation technology. This Changes Everything.
Founder & Chairman
Dr. Dennis Olcott
Chief Financial Officer
Chief Executive Officer
Chief Financial Officer
Maximum Number of Shares Offered subject to adjustment for bonus shares
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000:
Dear XTI Aircraft Followers,
Please note XTI Aircraft's Crowdfunding campaign is live again on startengine.com, but at a different link;
Here is the new link: www.startengine.com/xti-aircraft . Please log in and follow us for updates via the new link. For those of you who are investors, you know we have made significant progress in the last many months and will soon fly our prototype. I look forward to sharing that success with you in the coming months.
CEO, XTI Aircraft Co.
Dear XTI Aircraft investors and followers, this is one last notification that we will take the offering offline early next week as we file with SEC to raise the share price to $1.50. Shares are available at $1 until then. We expect the approval to take 3 weeks, after which our offering will be back online. Thank you for all your support and interest.
XTI Management Team
Dear XTI Investors and Followers,
This is a reminder that XTI intends to file for a share price increase to $1.50 per share on April 30th. When this occurs we will be required to close the current offering on Startengine until we receive approval from the SEC. We estimate that to take from 3 to 4 weeks.
Thank you for your support!
XTI Management Team
Please check out this article from the latest Vertiflite magazine!
On Friday, March 23, XTI took possession of the wing ducts for the TriFan 600 prototype. Shown in the photo attached, are the two wing ducts that will contain the fan blades for our 60% scale prototype, still on track for first flight in September this year. We are excited to have the hardware coming in, a clear sign of on-schedule progress!
XTI TEAM MEMBERS, INCLUDIGN FOUNDER DAVID BRODY (second from left) WITH COMPLETED DUCTS FOR WING MOUNTED FANS
Dear Investors, Friends and Followers of XTI Aircraft,
We have noticed that many potential investors who submit an investment using the wire transfer procedure do not complete the transaction. If you really intend to make the investment, please make sure you go all the way through the process until you receive a positive notification that it is complete. Alternatively, you may use the Automated Clearing House (ACH) procedure, as most investors do. It is totally secure, we do not get your account number, and there have been very few of these that do not go through.
Thank you for your investment in XTI!
XTI Aircraft Company (XTI) announced today it is preparing to file papers with the U.S. Securities and Exchange Commission to increase the price of its shares from $1.00 by at least 50%. The share price will remain at $1.00 for a period of weeks until XTI finishes preparing its audited financials. Thereafter, the increase will be reflected in XTI’s online equity crowdfunding program, www.startengine.com/startup/xti, and in XTI’s $25 million private placement financing for
“Until the time we submit the filing to the SEC,” said Robert LaBelle, XTI’s CEO, “XTI will continue to sell its shares for $1.00 on StartEngine.com and for $1.00 to accredited investors. So right now is likely to be the last chance for people to buy shares in XTI at the lowest price possible.”
“We’re going to fly our first prototype later this year,” LaBelle continued, “we’ve received 60 orders for the airplane, and we project much higher sales and revenues for the company. All this translates into reduced risk, a higher return for investors, an increase in the company’s valuation, and higher stock value. We’re filing with the SEC because of this increased valuation.”
“Our offering on the StartEngine platform has provided a rare opportunity for hundreds of unaccredited and accredited investors to own a piece of the future of flight,” said Mr. LaBelle. “The TriFan 600 vertical takeoff airplane will transform air travel. We thank all of our investors as well as StartEngine for making this possible.”
XTI launched a formal stock offering in 2016 under SEC Regulation A+, which remains open to all unaccredited and accredited investors around the globe. Shares in XTI may be purchased at www.startengine.com/startup/xti providing a unique opportunity for the general public to invest in an aerospace company with a game-changing product, a world-class leadership team, and significant growth potential.
Simultaneously with the equity crowdfunding financing, accredited investors may participate in XTI’s $25 million Series B round. Accredited investors seeking more information should contact Mr. LaBelle at firstname.lastname@example.org
XTI Aircraft Company (XTI) announced today it is on schedule and on budget as it completes the ducts and fans for its 60% scale flying prototype and moves toward ground testing those components.
“In this Phase 2,” explained Robert LaBelle, Chief Executive Officer of XTI, “we’re fabricating the wing ducts and fans and will perform ground tests for static thrust performance and verification on those components. We’ll also complete weight and balance, and full structural design. Fabrication of the entire aircraft will be completed in Phase 3, which will begin in April, followed by two or three months of testing before first flight later this year.”
“We’ve received 60 orders for the airplane,” LaBelle continued, “representing $390 million in sales revenues. Our entire team is focused on flying the prototype, bringing this revolutionary aircraft to market, and fulfilling those orders. The orders indicate higher sales and revenues for the company than we originally estimated. We’re convinced that these new orders, along with the prototype program, significantly reduces the risk for our investors.”
Just one HTS900 engine will drive the three fans on the TriFan 600, the world’s first hybrid-electric vertical takeoff and landing business aircraft.
The TriFan 600 is a six-seat aircraft that will have the speed, range and comfort of a business jet and the ability to take off and land vertically, like a helicopter. Using three ducted fans, the TriFan 600 lifts off vertically and its two wing fans rotate forward for a seamless transition to cruise speed, at 300 miles an hour and a range of up to 1,100 miles. XTI plans to fly a demonstrator in 2018.
Honeywell’s HTS900 will enable the XTI TriFan to fly efficiently for long distances with heavy loads. It’s the latest engine in Honeywell’s highly successful family of turboshaft engines, which have been providing power when it counts for more than six decades. Thanks to next-generation technologies, the HTS900 offers the best performance in its class.
It features a dual centrifugal compressor, cooled turbine blades and nozzles and a dual channel FADEC, all of which results in an output of 1,021 shaft horsepower; a significant increase in power output at high/hot conditions over rival engines in this class; all while burning less fuel and occupying less space.
The HTS900 is meeting high expectations on the Eagle 407HP program. Using design and engineering licensed from Bell Helicopter, Honeywell and Eagle Copters are improving the performance of existing Bell 407 helicopters by replacing the standard engine with the HTS900. Ten helicopters have been converted so far.
Company Accepts Special Invitation from Kuwait
Denver, January 8, 2018 — XTI Aircraft Company (XTI) announced today it has been invited by organizers in Kuwait to exhibit at the inaugural Kuwait Aviation Show, January 17-20. Thousands of attendees have registered for the show, where XTI will be displaying its one-third scale model of the TriFan 600 vertical takeoff airplane to investors and potential customers from around the globe, as well as industry and media representatives during the four-day event.
“The show will also target the private/charter aviation industry,” said Robert LaBelle, XTI’s Chief Executive Officer. “With Kuwait boasting one of the highest GDP per capita in the world, and one of the most well-travelled populations in the world, the opportunities are great for private jet and charter suppliers to promote their services and become more familiar with the TriFan 600.”
XTI officially launched its prototype program at the National Business Aircraft Association trade show in Las Vegas in October, where the company received numerous additional orders and expanded its financial and strategic relationships.
“We see the Kuwait show as the next major opportunity to attract customers and investors,” said LaBelle.
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
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Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.