Xti Aerospace, Inc. · NASDAQ:XTIA
Xti Aerospace — Inpixon — Merger or Acquisition (August 2023)
28 slides from Xti Aerospace's merger presentation, Aug 14, 2023
Slide 1: Business Update Call August 14, 2023
Business Update Call August 14, 2023 Presented by: Nadir Ali, Inpixon Scott Pomeroy, XTI Mike Hinderberger, XTI AZ0
Slide 2: Disclaimer
2 Disclaimer This presentation contains certain “forward - looking statements” within the meaning of the United States Private Securities Litig ation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 19
Slide 3: Disclaimer: Important Information About the Proposed Transaction
3 Disclaimer Important Information About the Proposed Transaction and Where to Find It This presentation relates to a proposed transaction between XTI Aircraft Company, a Delaware corporation (“ XTI ”), and Inpixon , a Nevada corporation (“ Inpixon ”), pursuant to an agreement and plan of merger, da
Slide 4: Disclaimer
4 Disclaimer This presentation includes industry and trade association data, forecasts and information that we have prepared based, in part, upon data, forecasts and information obtained from independent trade associations, industry publications and surveys, government agencies and other information
Slide 5: Business Update Call August 14, 2023
Business Update Call August 14, 2023 Presented by: Nadir Ali, Inpixon Scott Pomeroy, XTI Mike Hinderberger, XTI
Slide 6: Inpixon: Real-Time Location System (RTLS)
6 Complete line - up of location technologies and form factors to meet the needs of any facility - type and use case. Technology - agnostic, open platform integrates the complete technology stack and communicates with 3 rd - party systems. LOCATE LEARN LEVERAGE Ultra - Wideband QR Codes Chirp (CSS)
Slide 7: Transformational Merger
7 Transformational Merger All images of the XTI TriFan 600 are computer rendered simulations
Slide 8: Enters Definitive Merger Agreement; Expected to Enhance Shareholder Value
8 Enters Definitive Merger Agreement; Expected to Enhance Shareholder Value • XTI opportunity expected to unlock additional value for shareholders • Upon INPX shareholder approval and closing (expected Q4 2023): • Post - merger entity will be renamed XTI Aerospace, Inc. and ticker change to “XTIA” •
Slide 9: New Leadership
9 Scott Pomeroy Chairman & CEO of XTI Aerospace, Inc . Mike Hinderberger CEO of XTI Aircraft Company Soumya Das CEO of RTLS Division New Leadership
Slide 10: Vision: Transform business aviation for a more efficient and sustainable future
10 VISION: To transform business aviation for a more efficient and sustainable future
Slide 11: Commercial VTOL
11 An expensive derivative of a military vertical lift aircraft Commercial VTOL | Vertical Take - off & Landing Photo source: Adobe Stock
Slide 12: eVTOL | Electric VTOL
12 Battery - powered aircraft inspired by drones, limited in speed, range and mission eVTOL | Electric VTOL Photo source: Adobe Stock
Slide 13: eVTOL competitors
13 eVTOL Photo source: Adobe Stock • Archer • Beta Alia • Joby • eHang • Lilium • Vertical • Eve • Others
Slide 14: VLCA | Vertical Lift Crossover Airplane
14 The business aircraft that hovers like a helicopter and flies like a plane to make point - to - point missions possible VLCA | Vertical Lift Crossover Airplane
Slide 15: XTI TriFan Computer Simulation
15 XTI TriFan 600 Computer Simulation https://vimeo.com/674028999
Slide 16: The "Missing Link" in Air Travel
16 The “Missing Link” in Air Travel Our “crossover” airplane will elegantly blend what we believe is the best of a business aircraft and a helicopter into one highly versatile airplane Saves Time Twice the speed of most conventional helicopters Uses Existing Infrastructure No waiting for new regulat
Slide 17: XTI TriFan VLCA: Versatile, Serve existing and emerging markets
17 XTI TriFan 600 VLCA: Versatile Serve existing and emerging markets TriFan 600 anticipated to serve diverse markets Minimal competition from a few companies with sporadic development eVTOL aircraft will serve a limited market Competition between hundreds of new companies Existing business aircraft
Slide 18: XTI TriFan 600 VLCA Performance
18 VTOL Range 600 NM / 700 mi / 1100 km Cruise Speed 300 kts / 345 mph / 555 kph Cruise Altitude 25,000 ft Certified IFR Can fly into clouds & known icing Operate from • Helipads • Firm ground • Airports XTI TriFan 600 VLCA Performance 1 NO NEW INFRASTRUCTURE REQUIRED 1 TriFan 600 aircraft under dev
Slide 19: TriFan vs eVTOL
19 TriFan 600 vs eVTOL eVTOL Range Wall St. Heliport eVTOL Aircraft XTI TriFan 600 ~150 - 200 mi (less with reserves) 700 mi VTOL 850 mi CTOL Range ~150 - 200 mph 350 mph Speed No (Cancellations/ delays more likely) Yes Operations in inclement weather Yes (Possible cert delays) No (De - risked cert
Slide 20: VLCA Performance Advantages
20 VLCA Performance Advantages Business Airplane Helicopter eVTOL TRIFAN 600 Long range (700+ mi) High speed (300+ mph) Can land on a helipad or job sites, remote locations, clear driveways etc. Proven propulsion system Larger Payload Fully Operable with existing infrastructure No new airspace regul
Slide 21: Technology Overcomes Previous Limitations
21 Technology Overcomes Previous Limitations 2. Vertical Lift Capability Rear fan provides stability and power during VTOL and stows in flight 6. Excellent Visibility Optimized windows augmented with cameras improve pilot’s situational awareness 1. Aerodynamic Advantage Optimized ducted fans and pro
Slide 22: Our Commitment to Sustainability
22 Our Commitment to Sustainability Turboshaft Engines Adopting a measured - risk phased approach tied to: • Technology maturation of hydrogen/ b atteries • Formulation of regulatory g uidance • Infrastructure development Accelerate certification & entry into service Compatible with 100% sustainable
Slide 23: TriFan VLCA Exterior Configuration
23 TriFan 600 VLCA Exterior Configuration FORWARD FLIGHT VERTICAL FLIGHT TriFan 600 aircraft under development. Estimated performance based on XTI Aircraft analysis. Subject to change and FAA certification
Slide 24: Interior Configurations
24 Interior Configurations Business 2 pilot seats 4 passenger seats Baggage Club seating Air Medical 2 pilot seats 3 attendant seats Medical bay at aft Foldable seats Air Taxi 2 pilot seats 5 passenger seats Baggage Forward facing TriFan 600 aircraft under development. Estimated performance based on
Slide 25: XTI 65%-Scale Proof-of-Concept Vehicle Development & hover tests
25 XTI 65% - Scale Proof - of - Concept Vehicle Development & hover tests 2017 - 2020
Slide 26: TriFan Expected Time, Cost and Emissions Reductions
26 TriFan Expected Time, Cost and Emissions Reductions* • Manhattan to Boston or DC Example Mission: 200 - mile trip • London to Paris • Houston to Dallas • Tokyo to Osaka XTI TriFan 600 DOC: $733/hr 3 Cruise: 300 kts 3 Bell 429 DOC: $ 98 1/hr 1 Cruise: 155 kts 2 At 2X the speed, TriFan 600 complete
Slide 27: TriFan Expected Monetary Savings
27 TriFan 600 Expected Monetary Savings* Ops Cost for 200 - mile trip x 6 times/day over 5 years. Aircraft price/ops costs: B&CA Ops & Purchase Planning Handbook 2023. Rotorcraft purchase price: https://air.one/ , ops costs: Conklin & deDecker * TriFan 600 aircraft under development. Estimated perfo
Slide 28: Key Highlights
28 Key Highlights Enterprise value of XTI ascertained by 3rd party to be within the range of $252 million and $343 million 5 Traction established: 700+ conditional pre - orders 2 , representing possible gross revenues of ~$7.1 billion 3 Superior projected range, speed, cost of ownership. Designed fo