XTI Aircraft
OperatingXTI Aircraft Co
Transportation · Greenwood Village, CO · Founded 2009
The future is now. Lift Up. Jet Out.
Financials
FY2014–FY2022 · from SEC filings · hover any figure for its sourceChart shows the most recent 8 fiscal years; 1 earlier year is in the table below.
Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Pre-money — the valuation set before each round’s money came inBlue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Share price over rounds
Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.
Cap table
Share counts as of Sep 13, 2019| Class | Outstanding | Votes / share | Share of total | Last price |
|---|---|---|---|---|
| Common Stock | 38,476,770 | — | 100.0% | $1.50Dec 2019 |
Principal holders% as the filing states it, Jul 13, 2023
- David Ambrose110,000 Common Stock77.2%of company
- Charles Johnson3,311,594 Common Stock8.7%of company
- Shareholders: Pino Foundation2,000,000 Common Stock5.8%of company
- Michael Hinderberger1,321,429 Common Stock3.7%of company
Sold to the crowd
- Reg A+ · Dec 20151,275,157 Common Stock at $1.00$1.3M· 811 investors
- Reg A+ · Jul 2018268,913 Common Stock at $1.50$403.4K· 228 investors
- Reg CF · Dec 2019605,745 shares at $1.50$908.6K· 784 investors
From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.
Fundraising history
Team
7 people
David Brody Founder and Chairman of the Board Founder, Former Chairman and CEO of AVX Aircraft Company
XTI Aircraft Company (XTI) announces that Robert J. LaBelle has joined XTI as its Chief Executive Officer. He joins XTI after three years as CEO of AgustaWestland North America. Prior to that he served as President of AgustaWestland Tiltrotor Company, Inc., the company supporting the development of the AW 609 Tiltrotor. LaBelle joined AgustaWestland in 2004 after a career in the U.S. Navy where he was program manager for several aircraft, including the E-2 Hawkeye, C-2 Greyhound aircraft, F/A-18 Foreign Military Sales, and S-3B Viking aircraft.
Woglom brings diverse experience in investment banking, private equity, and aviation operations to XTI. He was chief financial officer for NEK Advanced Securities Group (NEK), an international portfolio of companies with businesses spanning aviation, defense contracting, construction, and more. He led NEK ownership through a successful exit from the business in 2012, realizing an EBITDA multiple of ~15x. Prior to NEK, Woglom was a vice president at Gallagher Industries, a Denver‐based private equity firm, and spent several years in New York in investment banking at Tri‐Artisan Partners, a start‐up merchant banking firm, and at Lehman Brothers. He has a bachelor’s degree in Economics from Yale University.
The former president and chief operating officer of Cessna brings to XTI more than 35 years of experience in top-level aviation management and strategy, operations and production. He was also Cessna’s vice president of aircraft completion and product support, senior vice president of operations, and executive vice president of operations, leading development, certifications, and product support of new airplanes. He also was chief pilot for Arnold Palmer. Johnson began his aviation career after completing U.S. Air Force pilot training in 1968 and accumulated over 1,000 hours of military flight time in the F-105, serving in combat in Southeast Asia. Johnson currently serves as president and chief operating officer of Aero Electric Aircraft Corporation.
Names and titles as disclosed on SEC Form 1-A, StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 4 of 7 annual reports (FY2019–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 62 filings on EDGAR- Form 1-ZApr 23, 20240001104659-24-050399EDGAR
- Form C-ARJul 13, 20230001104659-23-080598EDGAR
- Form 1-KJul 13, 20230001104659-23-080673EDGAR
- Form 1-SAJul 11, 20230001104659-23-079926EDGAR
- Form C-UOct 7, 20220001665160-22-002670EDGAR
- Form C-ARJul 13, 20220001104659-22-079281EDGAR
- Form 1-KJul 13, 20220001104659-22-079294EDGAR
- Form 1-SAJul 11, 20220001104659-22-078856EDGAR
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.