Citing progress with its $25 million Series B private placement, XTI Aircraft is to wind down an unusual crowdfunding campaign that has so far helped support development of its TriFan 600 hybrid-electric vertical-takeoff-and-landing (VTOL) business aircraft. Selling stock at $1.50 a share to small investors via the StartEngine crowdfunding platform has helped the startup fund its operations as it works to raise the funding required to build a full-scale proof-of-concept aircraft. The ...


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