XTI Aircraft Company to Exhibit at Paris Air Show
DENVER, June 5, 2017 /PRNewswire/ -- XTI Aircraft Company (XTI) announced today it has been selected by the Paris Air Lab Programming Committee to exhibit at the Paris Air Show. The exhibit space is hosted by the French Aerospace Industries Association in coordination with Starburst Accelerator, a major aerospace, defense and security investment fund and consulting firm. In addition to exhibiting in the Concorde Hall with other early stage aerospace companies, XTI will be presenting its TriFan 600 aircraft to a group of investors, major industry, and media representatives during a dedicated session in the afternoon of June 20th at the show.
"We are delighted to be chosen by the Committee to exhibit and are grateful to our host for this opportunity to present our revolutionary new aircraft, the TriFan 600," said Robert LaBelle, XTI's Chief Executive Officer. "We look forward to interacting with our industry partners, investors and future customers throughout the show," said LaBelle.
LaBelle continued, "The invitation by our host to participate in the Paris Air Show is further validation that the market is recognizing the value proposition of our innovative aircraft, and its patented technology. The TriFan 600 will provide vertical takeoff combined with long-range, the speed and comfort of a business jet, and a quiet, clean state-of-the-art hybrid-electric propulsion system. There's absolutely nothing comparable to the TriFan 600."
The TriFan 600 is a major breakthrough in aviation and air travel. The six-seat airplane will have the speed, range and comfort of a business jet and the ability to take off and land vertically, like a helicopter. It will travel at over 300 miles an hour, with a range of over 1,200 miles. Using three ducted fans, the TriFan lifts off vertically and then its two wing fans rotate forward for a seamless transition to cruise speed and its initial climb. It will reach 31,000 feet in just ten minutes and cruise to the destination as a highly efficient business aircraft.
ABOUT XTI AIRCRAFT COMPANY
XTI Aircraft Company is a privately owned aviation business based near Denver, and founded in 2012. XTI is guided by a leadership team with decades of experience, a deep well of expertise, and success bringing new aircraft to market. XTI is founded on a culture of customer-focused problem solving to meet the evolving needs of modern travelers.
For information and updates about XTI Aircraft Company and the TriFan 600, visit www.xtiaircraft.com. To invest, go to www.startengine.com/startup/xti.
Media Contact for XTI Aircraft Company:
Diane Simard
Sr. Vice President/Director/Media Relations
Bye Aerospace
[email protected]
Direct: (303) 817-7676
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT. YOU MAY OBTAIN A COPY OF THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT FROM:
https://www.sec.gov/Archives/edgar/data/1638850/000164460016000093/offeringcircularxti-2.htm
YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.
THIS PRESS RELEASE MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY'S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS "ESTIMATE," "PROJECT," "BELIEVE," "ANTICIPATE," "INTEND," "EXPECT" AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
SOURCE XTI Aircraft Company
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article