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Category: airframer

Xeriant announces joint venture with XTI, developer of world’s fastest, longest-range commercial VTOL

Xeriant, Inc. (“Xeriant” or “the Company”), a new aerospace technology and advanced materials holding company, announced that it has signed a definitive joint venture agreement with XTI Aircraft Company (“XTI”), a privately held cleantech aviation company based in Englewood, Colorado. The agreement will focus on the development of XTI’s revolutionary hybrid-electric fixed-wing TriFan 600, the […]

Xeriant closes key $6m financing

Xeriant, Inc. (“Xeriant” or “The Company”), an aerospace company dedicated to Advanced Air Mobility, announced the closing of $6.05 million in financing, a key component in fulfilling the Company’s obligations under its previously announced joint venture with XTI Aircraft Company (“XTI”), a cleantech OEM and developer of a leading hybrid-electric VTOL aircraft, the TriFan 600. […]