Welcome to XTI Aircraft Company. Our revolutionary TriFan 600 aircraft is a big opportunity designed to deliver even bigger returns. There’s a significant unmet need in the aircraft market —and we have the only viable way to fill it. Those who invest now will own a piece of XTI and benefit as we grow and achieve our milestones. We invite you to learn more and join us on this journey.
Successful businesses solve problems. They make customers’ lives easier. And that’s exactly what the TriFan 600 is all about. We are filling a market need - door-to-door air travel over long distances - in ways no other aircraft possibly can.
No commercial aircraft of any kind can fly directly from point A to point B with the range, speed, or comfort of the TriFan 600 vertical takeoff airplane. This is a new type of aircraft, with an entirely new combination of capabilities that are unique in the market.
Our initial target market for the TriFan 600 is business aviation, specifically corporate executives and high net worth individuals. Business Jet Traveler magazine says that people fly privately to (1) save time, and (2) gain access to destinations not served by airlines. The TriFan 600 accomplishes both objectives.
The TriFan 600 will save each person hundreds of hours a year by not having to travel to and from airports by ground transportation. For business people, every wasted hour due to travel time has an inherent opportunity cost, and that’s why aircraft owners will pay millions more for time and convenience. But as shown in the figure below, the speed of an aircraft does not always equal more time saved, and the TriFan completely trumps conventional business jets and helicopters in this regard.
Prior to its August 2015 launch, XTI commissioned detailed market studies that reported a strong potential market and ongoing demand for the TriFan 600.
These studies, conducted by prominent aviation market research firms, give us reason to be bullish on the future. Globally there are over 60,000 business airplanes and helicopters in operation. Based on market trends and projected demand for fast, runway-free transportation, experts say XTI can expect to annually sell a minimum of 40 and up to 100 TriFan 600s, each priced at $10-$12 million.
In addition to the crowdfunding and other fundraising efforts currently underway, XTI intends to initiate a pre-sales program years before actual delivery. Buyers will be able to make a refundable deposit, reserve their place in line, and retain that priority position as the company reaches commercial production of the TriFan 600. With as few as 100 orders, the gross revenues of XTI represented by those orders would be over $1 billion.
After generating market interest through the pre-sales program, and quantifying demand through refundable deposits and orders received, the company will leverage that data to increase its valuation for the next round of financing.
All members of XTI's management are shareholders in the company and highly motivated and incentivized to increase the company's value and create a path to liquidity and a market for all shareholders, including those who invest through Regulation A+ crowdfunding financing. In addition to making shares tradeable in the secondary market, XTI will continually assess and explore other ways to achieve liquidity for all shareholders, including strategic relationships with publicly traded aircraft companies, and examining whether an initial public offering should be part of the company's financing strategy within the next few years. These are all realistic and viable options.
The XTI business plan includes a realistic path to profitability and strong returns for investors when targets are met. Current priorities are (1) pending financing initiatives, (2) completing diligence on the technical aspects of the TriFan, and (3) continuing discussions with potential vendors, partners, and suppliers for the prototype and production aircraft.
After raising sufficient funds, XTI will build and fly the first prototype of the TriFan 600 in just two years. Producing and flying the piloted 65% proof of concept prototype will validate performance and result in a significant increase in the company’s valuation. Investors who join now through crowdfunding will play a major role in accomplishing this important milestone.
After flying the proof of concept, XTI will build and test a full-scale prototype, followed by one or more prototypes to earn certification from the Federal Aviation Administration (FAA). That certification will allow XTI to begin commercial aircraft production and sales.
XTI’s leadership team has experience building and growing multi-billion dollar aviation companies and each has played a pivotal role in returning significant value to those companies' shareholders.
The TriFan 600 is a six-seat, vertical takeoff and landing airplane. It is not based on new technology, but it takes existing technology and applies it in a revolutionary configuration. This reduces risks associated with manufacturing and obtaining FAA certification.
Features include ample cabin space, easily configured with multiple options.
Using three ducted fans, the TriFan 600 lifts off vertically. In seconds, the two wing fans rotate forward for a seamless transition to high-speed flight. And within just 90 seconds, the aircraft reaches cruising speed – where, like every other fixed-wing airplane, the wings provide lift. The fuselage-mounted fan, no longer needed, closes up. The airplane flies directly to its destination and reverses the process, landing vertically right where it needs to be – over a clear helipad sized paved surface, a golf course, backyard, job site, or thousands of other locations around the world where it’s safe and legal to land and takeoff.
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