XTI Aerospace, Inc. (XTIA) company profile
Close on Nov 11, 2026Market cap $37.71MP/E –Yield –
About XTI Aerospace
Services-Computer Programming Services, SIC 7371
XTI Aerospace, Inc. provides unmanned aircraft system (UAS) solutions across commercial, defense, and manufacturing sectors. The company operates primarily through its commercial drone solutions business, Drone Nerds, alongside early-stage advanced systems and domestic manufacturing divisions. Its commercial offerings encompass third-party hardware distribution, including drone platforms, payloads, sensors, and accessories. In addition, the business delivers fleet support, equipment repair, routine maintenance, financing solutions, compliance assistance, and operator training programs. The company serves enterprise, commercial, governmental, and consumer customers across diverse end markets such as agriculture, construction, mining, utilities, infrastructure inspection, and public safety.
The company's commercial operations function via wholesale channels, direct sales, an e-commerce platform, and a retail showroom located in South Florida. Its defense division focuses on developing unmanned aerial platforms for United States military and national security agencies. XTI Aerospace maintains its principal executive offices in Addison, Texas.
Summary of the business section of XTI Aerospace's latest annual report, written by StockData.
Company profile
Company
- Legal name
- XTI Aerospace, Inc.
- Headquarters
- Las Colinas, TX
- Address
- 511 East John Carpenter Freeway, Suite 500 75062
- Phone
- (800) 680-7412
- Website
- xtiaerospace.com
- Employees
- 105, Dec 31, 2025
- Industry
- Services-Computer Programming Services
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- CBIZ CPAs P.C, New York, NY
Stock & identifiers
- Ticker
- XTIA
- Former tickers
- INPX until Mar 15, 2024
- Exchange
- Nasdaq
- IPO date
- Apr 10, 2014
- Shares outstanding
- 38M, Oct 20, 2026
- Public float
- $29.19M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-250 reverse, Jan 10, 2025; 1-for-100 reverse, Mar 13, 2024; 1-for-75 reverse, Oct 7, 2022; 1-for-45 reverse, Jan 7, 2020; 1-for-40 reverse, Nov 2, 2018; 1-for-30 reverse, Feb 6, 2018; 1-for-15 reverse, Mar 1, 2017; 1-for-2 reverse, Apr 9, 2014
- SEC CIK
- 1529113
- CUSIP
- 98423K405
- ISIN
- US98423K4058
- FIGI
- BBG000BGP370
- Share class FIGI
- BBG001S7VTW8
- LEI
- 5493002DPKW4RCP0PN02
- EIN
- 88-0434915
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Scott Pomeroy | Chief Executive Officer, Director | 357,039 |
| Jeremy Schneiderman | Chief Executive Officer | – |
| James J. Muchmore | General Counsel | – |
| Tobin Arthur | Chief Strategy Officer | – |
| Brooke Turk | Chief Financial Officer | – |
| Michael A. Tapp | Chief Operating Officer | – |
| Allan Thomas Evans | Director | – |
| David E. Brody | Director | 2,497,798 |
| Jonathan G. Ornstein | Director | – |
| Clinton J. Weber | Director | – |
| Tensie Axton | Director | – |
| Kareem M. Irfan | Director | 4,007 |
| Soumya Das | Director | 0 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2024 Nadir Ali | $5.22M | $5.22M | $1.53M | $-100 | – |
| FY2024 Scott Pomeroy | $3.97M | $2.98M | $1.53M | $-100 | – |
| FY2023 | $3.49M | $3.49M | $870.49K | $-100 | – |
| FY2022 | $1.16M | $979.61K | $724.70K | $-96 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2024
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Option awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Scott Pomeroy Chairman and Chief Executive Officer | $316.67K | $358.80K | $1.05M | $2.25M | $3.97M | +1792% |
| Brooke Turk Chief Financial Officer | $281.12K | $235.46K | $613.59K | $79.05K | $1.21M | +1094% |
| Soumya Das Chief Executive Officer, Real Time Location System Division, and Director | $312.00K | $912.00K | $364.65K | $12.00K | $1.60M | +126% |
| Nadir Ali Former Chief Executive Officer | $70.00K | $3.58M | – | $1.57M | $5.22M | +50% |
| Wendy Loundermon Former Chief Financial Officer | $75.00K | $1.15M | – | $543.93K | $1.77M | +71% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Apr 10, 2014
- Offer price
- $6.00
- Securities offered
- 3,333,333
- Gross proceeds
- $20.00M
- Exchange
- Nasdaq
- Lock-up ends (est.)
- Oct 7, 2014
“Per Share Total Public Offering Price $ 6.00 $ 20,000,000 Underwriter’s Fee $ 0.42 $ 1,400,000 Net Proceeds to Company before expenses $ 5.58 $ 17,669,996 Net Proceeds to Selling Stockholder $ 5.58 $ 930,000 NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROV”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“Company had 105 employees, consisting of 96 full-time employees and 9 part-time employees.”
Corporate history
Events identified from SEC filings
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