XTI Aerospace secures $20M asset-based lending facility with JPMorgan Chase to support Drone Nerds growth and refinance debt. Facility secured by drone division assets. #XTIaerospace #JPMorganChase #DroneNerds
airpronews.com/2026/02/28/x...
XTI Aerospace pivots from TriFan 600 VTOL to focus on drone market after acquiring Drone Nerds, a $100M+ revenue U.S. drone company. Spending on TriFan 600 cut to lowest level amid FCC foreign drone ban. #XTIAerospace #DroneNerds #USADrones
airpronews.com/2026/01/24/x...
XTI Aerospace acquires Drone Nerds for $40M with $25M from Unusual Machines to build a U.S.-based drone supply chain. The move aligns with new federal limits on foreign drone tech. #XTIAerospace #DroneNerds #UMAC
airpronews.com/2025/12/25/x...
πΊπΈ XTI Aerospace boosts cash to $32.2M and acquires Drone Nerds to fuel its VTOL TriFan 600 program, targeting piloted flights by 2027. Strategic moves build a bridge between manned and unmanned aviation. #XTIAerospace #VTOL #VerticalEconomy
airpronews.com/2025/11/19/x...
Acquisitions: #CognizantTechnoogySolutions > #3Cloud; #Kaltura > #eSelfAI; #Life360 > #Nativo; #Rumble > #NorthernData; #StingrayGroup > #TuneIn; #XTIAerospace > #DroneNerds
IPOs: #Einride, via SPAC, went public at $1.8B valuation; #Groww raised 66.3B ruppes ($748M)