XTI Aircraft Company offering is now closed and is no longer accepting investments.

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.

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.

This Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
XTI Aircraft Company

$1,369,605 Raised

REASONS TO INVEST

ABOUT

HEADQUARTERS

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.

TEAM

David Brody

David Brody

Founder & Chairman

Mr. Brody invented the TriFan 600 vertical takeoff airplane and formed XTI Aircraft Company to develop the TriFan. He is Chairman of the Board. Mr. Brody also practices law in Denver, Colorado with Hogan Lovells US LLP. He has several patents issued in his name for inventions in aircraft technology and other fields, and has written three books, including a national Book-of-the-Month Club best seller on science and technology, The Science Class You Wish You Had, The Seven Greatest Scientific Discoveries in History and the People Who Made Them. 

Charlie Johnson

Charlie Johnson

Board Member

Bio

Dr. Dennis Olcott

Dr. Dennis Olcott

Chief Engineer

Bio

Andrew Woglom

Andrew Woglom

Chief Financial Officer

Bio

Robert LaBelle

Robert LaBelle

Chief Executive Officer

XTI Aircraft Company (XTI) announces that Robert J. LaBelle has joined XTI as its Chief Executive Officer. He joins XTI after three years as CEO of AgustaWestland North America. Prior to that he served as President of AgustaWestland Tiltrotor Company, Inc., the company supporting the development of the AW 609 Tiltrotor. LaBelle joined AgustaWestland in 2004 after a career in the U.S. Navy where he was program manager for several aircraft, including the E-2 Hawkeye, C-2 Greyhound aircraft, F/A-18 Foreign Military Sales, and S-3B Viking aircraft.

Charlie Johnson

Charlie Johnson

Board Member

The former president and chief operating officer of Cessna brings to XTI more than 35 years of experience in top-level aviation management and strategy, operations and production. He was also Cessna’s vice president of aircraft completion and product support, senior vice president of operations, and executive vice president of operations, leading development, certifications, and product support of new airplanes. He also was chief pilot for Arnold Palmer. Johnson began his aviation career after completing U.S. Air Force pilot training in 1968 and accumulated over 1,000 hours of military flight time in the F-105, serving in combat in Southeast Asia. Johnson currently serves as president and chief operating officer of Aero Electric Aircraft Corporation.

Sarita Jha

Sarita Jha

Chief Financial Officer

TERMS

XTI Aircraft Company
Overview
PRICE PER SHARE
DEADLINE
Invalid Date
VALUATION
AMOUNT RAISED
$1,369,605
Breakdown
MIN INVESTMENT
MAX INVESTMENT
MIN NUMBER OF SHARES OFFERED
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
MAX NUMBER OF SHARES OFFERED

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:

PRESS

Article Image
TriFan VTOL Goes Hybrid

XTI Aircraft Co. has switched to hybrid-electric propulsion for its planned TriFan 600 ducted-fan vertical-takeoff-and-landing (VTOL) business aircraft.

ALL UPDATES

09.27.18

XTI Offering is Back Online

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.  

Sincerely,

Robert LaBelle

CEO, XTI Aircraft Co.

04.27.18

XTI Offering to be Temporarily Offline

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

04.19.18

Reminder of Share Price Increase and XTI's Startengine down time

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

04.06.18

Good Article from The Vertical Flight Society!

Please check out this article from the latest Vertiflite magazine!

https://vtol.org/files/dmfile/xti-article-vf_marapr_2018.pdf

03.25.18

Photo of Wing Fan Ducts

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

03.16.18

WIRE TRANSFER PAYMENTS NOTICE

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!

Robert LaBelle

CEO

03.13.18

XTI Aircraft Company to File with SEC to Increase Share Price

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 

accredited investors.

“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 rlabelle@xtiaircraft.com

02.19.18

XTI Aircraft on Schedule with Development of Flying Prototype

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.”


01.25.18

Honeywell to Power Groundbreaking TriFan 600

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. 

01.11.18

XTI Aircraft Company to Exhibit at Kuwait Aviation Show

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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