XTI Aircraft says it has signed an initial agreement with a potential lead investor in its $25 million Series B funding round. If closed, the funding deal will support development of the startup’s TriFan 600 hybrid-electric vertical-takeoff-and-landing business aircraft. At the same time, Charlie Johnson, former Cessna Aircraft president and CEO and member of XTI’s board of directors, has joined the company as chief operating officer. Johnson will remain on the board. ...

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