ENGLEWOOD, Colo., Sept. 23, 2024 /PRNewswire/ –XTI Aerospace, Inc. (NASDAQ: XTIA) (“XTI” or the “Company”) as of late introduced the appointment of Tobin Arthur as Prominent Technique Officer, efficient as of September 19, 2024. On this unused function, Mr. Arthur will assistance information the Corporate’s optic and watch its gross sales, advertising, and investor members of the family.
Tobin Arthur brings over thirty years of enjoy in serving to corporations form and enforce company methods interested by innovation. Early in his profession, he helped Starbucks Espresso deliver disruptive innovation to the marketplace because it was a impulsively rising people corporate. Upcoming his year at Starbucks, Mr. Arthur shifted his center of attention to the healthcare sector, the place he spent the terminating decade development corporations comparable to CureUs and AngelMD. CureUs, nearest bought by means of Springer Nature, is a pioneering clinical publishing platform that permits authors to stock their copyrights generation making clinical science extra out there. AngelMD is a massive on-line population that connects 1000’s of startups with clinicians and traders.
Mr. Arthur’s enjoy has enabled him to spend money on, and/or advise, over 200 startups and collaborate intently with marketers to boost up their ventures. In 2018, he introduced the podcast Innovation4Alpha, which developed right into a consulting and funding company interested by ventures throughout sectors together with ag-tech, safety, genuine property, healthcare, and gliding. Mr. Arthur holds a Bachelor of Arts level in English from the College of Southern California.
“I have known Tobin for many years, and his ability to anticipate market trends and build teams to turn vision into reality will be invaluable as XTI executes its strategy to disrupt the aviation marketplace,” stated Scott Pomeroy, Chairman and CEO of XTI.
“I have been passionate about aviation and innovation for as long as I can remember,” stated Tobin Arthur, Prominent Technique Officer of XTI. “I believe what makes XTI unique is its position to lead a significant shift in aviation by combining the range and speed of business aircraft with vertical take-off and landing (VTOL) capabilities. Innovation is at the heart of XTI and the TriFan 600, from its take-off and landing technology to its interior design, safety features, and how XTI seamlessly integrates with vendor partners. I believe that XTI has immense potential to revolutionize commercial, military, and medical aviation.”
About XTI Aerospace, Inc.
XTI Aerospace (XTIAerospace.com) (NASDAQ: XTIA) is the father or mother corporate of XTI Plane Corporate, an gliding industry based totally related Denver, Colorado, recently creating the TriFan 600, a fixed-wing industry plane designed to have the vertical takeoff and touchdown (VTOL) capacity of a helicopter, speeds of 345 mph and a space of 700 miles, growing a wholly unused division – the vertical elevate crossover aircraft (VLCA). Moreover, the Inpixon (inpixon.com) industry unit of XTI Aerospace is a pace-setter in real-time location methods (RTLS) era with shoppers world wide who significance the corporate’s location judgement answers in factories and alternative business amenities to assistance optimize operations, build up productiveness, and improve protection. For more info about XTI Aerospace, please consult with XTIAerospace.com, and apply the corporate on LinkedIn, X, and YouTube.
Cautionary Commentary Referring to Ahead-Having a look Statements
This press leave comprises sure “forward-looking statements” inside the that means of the USA Personal Securities Litigation Reform Office of 1995, Division 27A of the Securities Office, and Division 21E of the Trade Office. All statements alternative than statements of historic reality contained on this press leave, together with with out limitation, statements concerning the merchandise below building by means of XTI, the benefits of XTI’s era, and XTI’s shoppers, plans and techniques are forward-looking statements.
A few of these forward-looking statements will also be known by means of the significance of forward-looking phrases, together with “believe,” “continue,” “could,” “would,” “will,” “estimate,” “expect,” “intend,” “plan,” “target,” “projects,” or the negatives of those phrases or diversifications of them or homogeneous expressions. All forward-looking statements are topic to dangers, uncertainties, and alternative components which might motive fresh effects to range materially from the ones expressed or implied by means of such forward-looking statements. All forward-looking statements are based totally upon estimates, forecasts, and guesses that, generation regarded as affordable by means of XTI Aerospace and its control, are inherently unsure, and lots of components would possibly motive the fresh effects to range materially from wave expectancies. XTI undertakes incorrect legal responsibility to revise any forward-looking statements to bring to mirror occasions or instances that may therefore get up. Readers are recommended to scrupulously overview and imagine the danger components mentioned from year to year in XTI’s filings with the SEC, together with the ones components mentioned below the caption “Risk Factors” in its most up-to-date annual file on Method 10-Okay, filed with the SEC on April 16, 2024, and in next experiences filed with or furnished to the SEC.
Contacts
Normal inquiries:
E mail: [email protected]
Internet: https://xtiaerospace.com/contact
Investor Family members:
Crescendo Communications
Tel: +1 212-671-1020
E mail: [email protected]
SOURCE XTI Aerospace, Inc.
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