# Xeriant and XTI Aircraft form joint venture for TriFan 600 VTOL aircraft

Xeriant signed a definitive joint venture agreement with XTI Aircraft Company to develop XTI's hybrid-electric fixed-wing TriFan 600 VTOL aircraft. The aircraft has presales exceeding $1.3 billion.

- Type: Partnership
- Announced: 2021-07-01
- Where: United States
- Status: announced
- Products: TriFan 600 hybrid-electric VTOL aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Xeriant](https://endata.com/companies/56212.md) (partner)
- [XTI Aircraft Company](https://endata.com/companies/56213.md) (partner)

## Sources

- [militaryaerospace.com](https://www.militaryaerospace.com/commercial-aerospace/article/14232301/xeriant-announces-vtol-joint-venture-with-xti), 2021-07-01: "The TriFan 600 will transform the light commercial aircraft market, providing eco-friendly, on-demand air travel without compromising safety and performance."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.