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Inpixon entered into a definitive merger agreement with XTI Aircraft Company, developer of the TriFan 600 VTOL aircraft. The combined company will focus on advancing the TriFan 600 and offering RTLS technology. XTI's enterprise value is estimated between $252 million and $343 million.
“We're excited to announce this transaction, which we believe will be a transformative event for both companies.”ir.xtiaerospace.com
Summarized from public sources; check the original articles before acting on it.