XTI Aerospace Signs LOI with AVX “for Design and Development of TriFan 600 Vertical Lift Crossover Aircraft”

XTI Aero­space has signed a Let­ter of Intent (LOI) with AVX Air­craft (AVX), to pro­vide devel­op­ment, design and cer­ti­fi­ca­tion ser­vices to sup­port the VTOL Tri­Fan 600, reports a press release. This agree­ment is expect­ed to be signed in the com­ing weeks.

Under the pro­posed terms, XTI led by Don Pur­dy, the Senior VP of Busi­ness and Pro­gram Devel­op­ment, will pro­vide man­age­ment, direc­tion and over­sight of the Tri­Fan 600 pro­gram, while AVX will focus on detailed design, pro­gram and sub­con­tract man­age­ment as well as cer­ti­fi­ca­tion sup­port.

Scott Pomeroy, Chair and CEO of XTI, com­ment­ed, ”The rela­tion­ship with AVX pro­vides us with sea­soned engi­neer­ing tal­ent and a com­pa­ny high­ly expe­ri­enced in design­ing and devel­op­ing ver­ti­cal lift air­craft tech­nol­o­gy.”

He con­tin­ued, “AVX will help us to refine our cur­rent design, which we expect to accel­er­ate the Tri­Fan 600 devel­op­ment, while sig­nif­i­cant­ly reduc­ing expens­es for cer­tain engi­neer­ing capa­bil­i­ties and ser­vices.”

AVX Air­craft

Kendall Good­man, pres­i­dent of AVX, remarked, “The team is delight­ed to work with XTI on this pro­gram and apply our decades of rotor­craft engi­neer­ing expe­ri­ence.”

The Tri­Fan aims to rev­o­lu­tionise point-to-point air trav­el by com­bin­ing the com­fort, speed and range of sim­i­lar size con­ven­tion­al busi­ness air­craft with the flex­i­bil­i­ty, con­ve­nience and pin­point trans­porta­tion, only achiev­able with a VTOL air­craft.

Pur­dy said, “There are numer­ous use cas­es for the Tri­Fan 600 with­in the Part 91 busi­ness, Part 135 char­ter ser­vice and Part 121 sched­uled ser­vice oper­a­tions, in addi­tion to spe­cial mis­sion roles such as mede­vac and res­cue where time is so crit­i­cal.”

He added, “We look for­ward to work­ing close­ly with AVX in the com­ing months.”

Don Pur­dy

For more infor­ma­tion

XTIAerospace.com

avxaircraft.com

(Top image: XTI Aero­space Tri­Fan 600)

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