XTI Aerospace, Inc. · NASDAQ:XTIA
XTI Aerospace — Merger or Acquisition (August 2023)
28 slides from XTI Aerospace's merger presentation, Aug 14, 2023
Slide 1: Business Update Call
Business Update Call August 14, 2023 Presented by: Nadir Ali, Inpixon Scott Pomeroy, XTI Mike Hinderberger, XTI
Slide 2: Disclaimer
Disclaimer This presentation contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation 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 1934, a
Slide 3: Disclaimer
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, dated as
Slide 4: Disclaimer
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 p
Slide 5: Business Update Call
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)
Inpixon: Real-Time Location System (RTLS) Industry 4.0 Smart Factories, Warehouses, Mining Operations, and Digital Supply Chains Our full-stack industrial RTLS enables customers to Locate, Learn and Leverage information allowing for automation, cost reductions, and improved productivity LOCATE LEARN
Slide 7: Transformational Merger
Transformational Merger 7 All images of the XTI TriFan 600 are computer rendered simulations
Slide 8: Enters Definitive Merger Agreement; Expected to Enhance Shareholder Value
Enters Definitive Merger Agreement; Expected to Enhance Shareholder Value BEFORE MERGER POST-PROPOSED MERGER • Established RTLS business line • XTI opportunity expected to • Utilization in production and Entered unlock additional value for manufacturing facilities definitive merger agreement on shar
Slide 9: New Leadership
New Leadership Scott Pomeroy Mike Hinderberger Soumya Das Chairman & CEO of CEO of CEO of XTI Aerospace, Inc. XTI Aircraft Company RTLS Division 9
Slide 10: Vision: To transform business aviation for a more efficient and sustainable future
VISION: To transform business aviation for a more efficient and sustainable future 10
Slide 11: Commercial VTOL
Commercial VTOL | Vertical Take-off & Landing An expensive derivative of a military vertical lift aircraft Photo source: Adobe Stock 11
Slide 12: eVTOL | Electric VTOL
eVTOL | Electric VTOL Battery-powered aircraft inspired by drones, limited in speed, range and mission Photo source: Adobe Stock 12
Slide 13: eVTOL
eVTOL • Archer • Lilium • Beta Alia • Vertical • Joby • Eve • eHang • Others Photo source: Adobe Stock 13
Slide 14: VLCA | Vertical Lift Crossover Airplane
VLCA | Vertical Lift Crossover Airplane The business aircraft that hovers like a helicopter and flies like a plane to make point-to-point missions possible 14
Slide 15: XTI TriFan Computer Simulation
XTI TriFan 600 Computer Simulation https://vimeo.com/674028999 15
Slide 16: The "Missing Link" in Air Travel
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 Long Range Fly up to 700 miles in pressurized comfort Saves Time Twice the speed of most conventional helicopters Uses
Slide 17: XTI TriFan VLCA: Versatile
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 Emerging Regional Air Emerging Existing business Existing Mobility (RAM) Urban Air Mobility aircraft market helicopter
Slide 18: XTI TriFan VLCA Performance
XTI TriFan 600 VLCA Performance1 NO NEW VTOL Range INFRASTRUCTURE Range 600 NM / 700 mi / 1100 km REQUIRED Vancouver 700 mi Cruise Speed Seattle Bangor Helena 300 kts / 345 mph / 555 kph Bismarck Portland Toronto Minneapolis Boston Cruise Altitude Boise Casper Detroit 25,000 ft Vertiport Chicago Pit
Slide 19: TriFan vs eVTOL
TriFan 600 vs eVTOL XTI TriFan 600 eVTOL Aircraft TriFan 600 Range (with vertical takeoff) 700 mi VTOL ~150-200 mi Range 850 mi CTOL (less with reserves) Speed 350 mph ~150-200 mph Operations in No inclement Yes (Cancellations/ weather delays more likely) eVTOL Range Certify novel No Yes propulsion
Slide 20: VLCA Performance Advantages
VLCA Performance Advantages Business TRIFAN 600 eVTOL Helicopter Airplane 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 regulati
Slide 21: Technology Overcomes Previous Limitations
Technology Overcomes Previous Limitations 1. Aerodynamic Advantage Optimized ducted fans and propellers provide efficient aerodynamics in hover and cruise flight 2. Vertical Lift Capability Rear fan provides stability and power during VTOL and stows in flight 3. Fuel-Efficient Engines Two proven pow
Slide 22: Our Commitment to Sustainability
Our Commitment to Sustainability Turboshaft Engines Adopting a measured-risk Accelerate certification & entry into service Compatible with 100% sustainable aviation fuel (SAF) phased approach CO2 emissions reduced by up to 80%1 depending on the SAF blend tied to: • Technology maturation of Hybrid Po
Slide 23: TriFan VLCA Exterior Configuration
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 23
Slide 24: Interior Configurations
Interior Configurations Business 2 pilot seats 4 passenger seats Club seating Baggage Air Medical 2 pilot seats 3 attendant seats Foldable seats Medical bay at aft Air Taxi 2 pilot seats 5 passenger seats Forward facing Baggage TriFan 600 aircraft under development. Estimated performance based on XT
Slide 25: XTI 65%-Scale Proof-of-Concept Vehicle
XTI 65%-Scale Proof-of-Concept Vehicle Development & hover tests 2017-2020 25
Slide 26: TriFan Expected Time, Cost and Emissions Reductions
TriFan Expected Time, Cost and Emissions Reductions* • Manhattan to Boston or DC • Houston to Dallas Example Mission: 200-mile trip • London to Paris • Tokyo to Osaka AW 109 Bell 429 XTI TriFan 600 DOC: $1338/hr1 Cruise: 153 kts2 DOC: $981/hr1 Cruise: 155 kts2 DOC: $733/hr3 Cruise: 300 kts3 DOC: Dir
Slide 27: TriFan Expected Monetary Savings
TriFan 600 Expected Monetary Savings* FIVE YEAR COST OF OWNERSHIP Equipped Price($m) in 2023 DOC for 6 legs/day x 340 days x 5 years ($MM) PILATUS PC 24 $12.2 $7.6 Business Jet EMBRAER PHENOM 300E $11.0 $7.1 Business Jet All need a runway HONDAJET ELITE II $7.0 $4.8 Business Jet BEECHCRAFT KING AIR
Slide 28: Key Highlights
Estimates and Projections by XTI Management Key Highlights $1.15 trillion total Traction established: 700+ conditional pre-orders2, addressable market1 representing possible gross revenues of ~$7.1 billion3 XTI is guided by a leadership team with decades of experience and success bringing new aircra