Aerospace Company Pivots To Commercial Drones And Services
XTI Aerospace has announced a significant shift in its focus towards its recent acquisition of Drone Nerds, a commercial drone distributor and service provider. The company has put its TriFan 600 VTOL program on a ‘cost diet’ while conducting a strategic review of the business. XTI expects a 30% increase in revenue in 2026 and plans to improve cash performance without seeking new investor funding. The company also signaled a potential expansion into ‘drones as a service’ and ‘drones in a box’ markets. This development was first reported by AeroTime.