# Inpixon to merge with XTI Aircraft Company

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.

- Type: Acquisition
- Announced: 2023-07-25
- Where: United States
- Status: announced
- Products: TriFan 600 VTOL aircraft, real-time location systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [XTI Aircraft Company](https://endata.com/companies/56213.md) (target)
- [Inpixon](https://endata.com/companies/71620.md) (acquirer)

## Sources

- [ir.xtiaerospace.com](https://ir.xtiaerospace.com/ir-news-events/press-releases/detail/264/inpixon-enters-into-definitive-merger-agreement-with-xti-aircraft-company-developer-of-a-vertical-lift-crossover-airplane-vlca), 2023-07-25: "We're excited to announce this transaction, which we believe will be a transformative event for both companies."

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