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HOW IT ALL BEGAN

Twelve years ago, David Brody founded a helicopter company, AVX Aircraft Company, to develop and introduce advanced rotorcraft technology — coaxial rotors replacing the main rotor, combined with two rear ducted fans for propulsion and directional control. The purpose of this new helicopter was to make rotorcraft faster, safer, and more compact (no tail or tail rotor) and therefore more accessible to the mass market. AVX Aircraft Company now focuses on U.S. military aircraft programs and continues to grow, but the ducted fans eventually led to the formation of XTI Aircraft Company.

XTI TAKING-OFF

In 2013, Brody began designing a fixed-wing aircraft with ducted fans that pivot and provide the airplane with vertical takeoff and landing (VTOL) capability as well as forward propulsion from those same ducted fans. This led to the TriFan 600 vertical takeoff airplane and the formation of XTI Aircraft Company. With its eXtended Technology and Innovation, XTI is founded on a culture of customer-focused problem solving to meet the evolving needs of modern travelers, and promises to change flight and personal freedom and mobility by air travel forever.

TECHNOLOGY REIMAGINED

VTOL capability for fixed-wing aircraft has been a major challenge for a hundred years. Ducted fan technologies have even been tried, but unsuccessfully.

XTI has now combined modern advances in technology — lighter and more powerful turbine engines, light carbon fiber materials, and incredible computer capabilities to enhance safety, stability and control.  These advances enabled XTI to overcome these historical challenges.

The TriFan 600 embodies proven technologies in a revolutionary configuration.  It is both beautiful and highly functional. It is visually distinguished by a sleek exterior, and three ducted fans in place of large diameter helicopter rotors. The two ducted fans in the wings pivot and enable the aircraft to transition from hover to forward flight and back again for landing.

THE A-TEAM

XTI Aircraft Company is a privately owned aviation business founded in 2012 to develop vertical takeoff airplanes. The business is guided by a leadership team with decades of aviation experience, a deep well of expertise, and proven success bringing new aircraft to market.

Together, this group of business aviation visionaries is reshaping the future of flight with the ultimate breakthrough in modern flight — a business jet that can takeoff and land vertically.

David Brody - Founder and Chairman

Founder and chairman of XTI Aircraft Company, has had a life-long passion for aircraft, science and technology. Beginning in 2013, he developed the Tri-Fan 600 configuration and basic performance objectives and filed for patents. After establishing the strategic plan, Brody was able to assemble XTI’s world-class executive team – individuals with decades of experience bringing new aircraft to market.  Brody previously founded AVX Aircraft Company and was its chairman and chief executive officer, and continues to serve on the AVX board. Brody practices law in Denver. He holds several patents for inventions in aircraft technology and other fields, and has written three books, including a national Book-of-the-Month Club best seller on science and technology.

Robert LaBelle- Chief Executive and Board Member

The former Chairman and chief executive officer of AgustaWestland North America brings to XTI more than 25 years of experience in top-level aviation management and strategy, aircraft development and operations. He was President of Texas-based AgustaWestland Tiltrotor Co., a company he established to support the development of the AW 609 Tiltrotor and other programs. He held executive level positions within AgustaWestland since joining the company in 2004, including vice president, general manager, and president of other U.S. subsidiaries.
Bob joined AgustaWestland after a career in the U.S. Navy. His last assignment was in Naval Air Systems Command, Patuxent River, MD where he was Major Program Manager (PMA-231) for the E-2 Hawkeye and C-2 Greyhound aircraft.
He is responsible for development of the TriFan 600 aircraft and all matters related to development of the product and the company. He has led the drive to incorporate hybrid-electric propulsion in the TriFan 600 and championed other enhancements in order to better position the aircraft for the future.

George Bye- Chief Engineer,

CEO of Bye Aerospace Corp., a Colorado company bringing to aviation exemplary engineering consulting services and transformational solar-electric alternative energy solutions. George is an expert on new aircraft development, structures, systems definition, flight test and Federal Aviation Administration certification. George was sought out by XTI’s board of directors to bring his expertise in all areas, but especially because of his experience in electric propulsion and new aircraft development to serve as XTI’s Chief of engineering. Bye Aerospace has significant holdings in affiliate companies it has founded, including Aero Electric Aircraft Corp., which is developing the 2-seat solar-electric “Sun Flyer” training aircraft, and Silent Falcon™ UAS Technologies, which is developing the technologically advanced solar-electric small Unmanned Aircraft System (sUAS) called “Silent Falcon™”. Mr. Bye is responsible for the change from a traditional and much more expensive propulsion system to a modern, elegant, efficient and much less expensive hybrid-electric propulsion system for the TriFan 600.

Charlie Johnson- Board Member

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. Prior to joining Cessna, Johnson served as chief of production flight test for Gates Learjet. 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. He holds airline transport and instructor pilot certificates with type ratings in all Cessna Citation models.

Andrew Woglom - Chief Financial Officer

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.