After a decade of work, XTI has reduced spending on the ducted-fan VTOL TriFan 600 to the lowest practical level.
Credit: XTI Aerospace
The long saga of XTI Aerospace’s effort to develop a ducted-fan vertical-takeoff-and-landing (VTOL) business aircraft has taken a dramatic turn, with the company pivoting to the drone market and cutting spending on the TriFan 600 to the bone. In a Jan. 20 letter to shareholders, CEO Scott Pomeroy...
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XTI Pivots To Drones After Long Struggle To Develop VTOL TriFan is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.
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