XTIA news

XTI Aerospace reported preliminary Q3 revenue of $35.3 million, marking a 9% sequential increase driven by enterprise drone demand. The company states this aligns with its full-year 2026 revenue outlook.

XTI Aerospace reported Q2 2026 revenue of $32.4 million and updated its full-year outlook to $125M-$130M. The company also announced key leadership changes and strategic partnerships by its subsidiary Drone Nerds.

XTI Aerospace appointed Unusual Machines CEO Dr. Allan Evans as Chairman of its board, marking a leadership change for its drone division. This appointment strengthens company governance as it expands its U.S. drone operations.

XTI Aerospace completed an internal review finding no financial misstatements and expects to file its Q2 10-Q by October 26, 2026. The company anticipates Q2 revenue of $32.4 million but withdrew 2026 guidance pending a future update.

XTI Aerospace received a deficiency notice from Nasdaq for failing to file its Q3 2026 Form 10-Q on time due to an ongoing internal review of its former CEO. The company has 60 days to submit a compliance plan to avoid delisting.

XTI Aerospace Inc. and CEO Scott Pomeroy have agreed to terms for his resignation effective August 17, 2026. He has also committed to assist with an ongoing independent special committee investigation.

CBIZ CPAs P.C. has confirmed agreement with statements made by XTI Aerospace in their recent Form 8-K. This response ensures XTI maintains compliance with the SEC's reporting requirements.