XTI Aerospace Secures ~$55M Investment To Boost TriFan Aircraft Production - What's On The Radar?
XTI Aerospace Secures ~$55M Investment To Boost TriFan Aircraft Production - What's On The Radar?
XTI Aerospace, Inc. (NASDAQ:XTIA) announced a strategic equity investment agreement with FC Imperial Limited, an affiliate of the FinExic Concordia Group, for up to $55 million in convertible preferred stock.
XTI Aerospace, Inc.(纳斯达克:XTIA)宣布与FinExic Concordia Group附属机构FC Imperial Limited签署了一项战略性权益投资协议,最多可获得5500万美元的可转换优先股。
The investment values XTI at $275 million post-money and aims to accelerate the development of its innovative TriFan aircraft.
该投资将把XTI的后市估值定为2.75亿美元,旨在加速其创新的三旋翼飞机的发展。
Anindya Chakraborty, leading the investment structuring for the Investment Consortium, said, "The Trifan is unique and perhaps the most efficient, practical, versatile and commercially viable VTOL aircraft with clear attributes of ushering in a game changing reality to the aviation industry."
投资联合体的投资结构师安迪亚·查克拉博蒂表示:“三旋翼飞机是独一无二、最高效、实用、多功能和商业可行的垂直起降飞机,具有清晰的引领航空业变革的特点。”
The investment will support several key milestones, including the preliminary and critical design reviews and the assembly of XTI's first test aircraft.
此次投资将支持几个关键里程碑的实现,包括初步设计审查、关键设计审查以及XTI的第一架试验机的组装。
XTI CEO Scott Pomeroy said, "Assuming the completion of the proposed investment, we believe the additional capital will help accelerate the development of the TriFan through several major milestones including completion of the updated preliminary design review along with launching the critical design review phase in preparation for the assembly of XTI's Test Aircraft No. 1."
XTI首席执行官斯科特·波莫洛伊表示:“如果拟议中的投资得以完成,我们相信额外的资本将有助于通过几个重要的里程碑加速三旋翼飞机的发展,包括完成更新的初步设计审查,以及启动关键设计审查阶段,为XTI的测试机No. 1的组装做准备。”
The $275 million valuation aligns with a fairness opinion provided prior to XTI's merger with Inpixon. This valuation reflects the progress made since the last capital raise based on a $100 million valuation.
2.75亿美元的估值与XTI与Inpixon合并之前提供的公允意见一致。这一估值反映了自上一轮融资以来取得的进展,当时估值为1亿美元。
Anindya Chakraborty highlighted the TriFan's potential for widespread adoption across emerging aviation markets, including India, Southeast Asia, and the Middle East.
安迪亚·查克拉博蒂强调,三旋翼飞机在印度、东南亚和中东等新兴航空市场具有广泛的应用潜力。
The VTOL aircraft is poised to serve diverse applications such as healthcare, emergency services, para-military operations, corporate mobility, and luxury travel.
这种垂直起降飞机可以应用于医疗保健、紧急服务、准军事行动、公司机动和豪华旅行等各种领域。
The agreement details a structured capital distribution process, with convertible preferred stock to be issued up to $55 million, converting to common stock through defined exchange events.
协议详细说明了有结构的资本分配过程,可通过明确的交易事件发行可转换优先股达到5500万美元,并转换为普通股。
Price Action: XTIA shares are trading lower by 6.31% at $0.4141 at the last check Monday.
价格走势:上次检查时,XTIA股票以0.4141美元的价格下跌了6.31%。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明:本内容部分使用人工智能工具生成,并经Benzinga编辑审核发布。