ENGLEWOOD, Colo., Feb. 7, 2025
/PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace"
or the "Company"), a pioneer in VTOL and Powered-Lift aircraft
solutions, today announced that Inpixon, a business unit of XTI
Aerospace and a leader in real-time location systems (RTLS)
technology, has been honored with the prestigious "RTLS Solution of
the Year 2025" award at the 9th annual IoT Breakthrough Awards.
Competing against over 40 other innovative entrants, Inpixon was
recognized for its outstanding work in delivering cutting-edge
real-time location services (RTLS) solutions that enhance
operational efficiency, safety, and decision-making across
industries.
Steve Johansson, managing
director at IoT Breakthrough, said, "Inpixon RTLS is driving
significant value through technology-agnostic, scalable, and
full-stack solutions that are key to unlocking smarter operations,
reducing costs, enhancing safety, and improving decision-making
through real-time visibility. Congratulations on winning our RTLS
Solution of the Year award."
The IoT Breakthrough Awards program is produced by IoT
Breakthrough, a leading market intelligence organization that
recognizes the top companies, technologies and products in the
global Internet-of-Things (IoT) market today.
"We are thrilled to congratulate Inpixon on receiving the 2025
RTLS Solution of the Year award," said Scott Pomeroy, CEO and Chairman of XTI
Aerospace. "This recognition not only highlights Inpixon's
exceptional innovation and leadership in the RTLS space, but it
also demonstrates the tremendous value Inpixon brings to XTI
Aerospace as a whole. Inpixon's advancements in location-aware
technology are integral to our broader vision of driving growth and
efficiency across our portfolio. This achievement is a testament to
the dedication and expertise of the Inpixon team, and we look
forward to continuing to push the boundaries of what's possible
with RTLS, AI and IoT."
"We are truly honored to receive the 2025 RTLS Solution of the
Year award," said Soumya Das, CEO of
Inpixon. "This achievement reflects our dedication to delivering
state-of-the-art, AI-powered location-aware solutions that help our
clients navigate the complexities of the modern workplace. We would
like to extend our deepest thanks to our dedicated team, partners,
and customers who have played an essential role in making this
possible. Together, we continue to lead the way in driving the
future of Industry 4.0."
Inpixon's RTLS solutions provide real-time insights into the
location and movement of assets, equipment, and personnel, helping
organizations streamline their operations, enhance safety, and
optimize overall business performance. As a leader in
location-aware technology, Inpixon's solutions serve as a vital
resource in industries such as manufacturing, logistics, mining,
government, and more.
For more information about Inpixon's award-winning RTLS
solutions, please visit inpixon.com.
About XTI Aerospace, Inc.
XTI Aerospace, Inc. (XTIAerospace.com) (NASDAQ: XTIA) is the
parent company of XTI Aircraft Company, an aviation business based
near Denver, Colorado, currently
developing the TriFan 600, a fixed-wing business aircraft designed
to have the vertical takeoff and landing ("VTOL") capability of a
helicopter, speeds of 345 mph and a range of 700 miles.
Additionally, the Inpixon (inpixon.com) business unit of XTI
Aerospace is a leader in real-time location systems ("RTLS")
technology with customers around the world who use the Company's
location intelligence solutions in factories and other industrial
facilities to help optimize operations, increase productivity, and
enhance safety. For more information about XTI Aerospace, please
visit XTIAerospace.com, and follow the company
on LinkedIn, X, and YouTube.
Cautionary Statement Regarding Forward-Looking
Statements
This press release 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,
and Section 21E of the Exchange Act. All statements other than
statements of historical fact contained in this press release,
including without limitation, statements about the products under
development by XTI, the advantages of XTI's technology, and XTI's
customers, plans and strategies are forward-looking statements.
Some of these forward-looking statements can be identified by
the use of forward-looking words, including "believe," "continue,"
"could," "would," "will," "estimate," "expect," "intend," "plan,"
"target," "projects," or the negatives of these terms or variations
of them or similar expressions. All forward-looking statements are
subject to risks, uncertainties, and other factors which could
cause actual results to differ materially from those expressed or
implied by such forward-looking statements. All forward-looking
statements are based upon estimates, forecasts, and assumptions
that, while considered reasonable by XTI Aerospace and its
management, are inherently uncertain, and many factors may cause
the actual results to differ materially from current expectations.
XTI undertakes no obligation to revise any forward-looking
statements in order to reflect events or circumstances that might
subsequently arise. Readers are urged to carefully review and
consider the risk factors discussed from time to time in XTI's
filings with the SEC, including those factors discussed under the
caption "Risk Factors" in its most recent annual report on Form
10-K, filed with the SEC on April 16,
2024, and in subsequent reports filed with or furnished to
the SEC.
Contacts
General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contact/
Investor Relations:
Crescendo Communications
Tel: +1 212-671-1020
Email: XTIA@crescendo-ir.com
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SOURCE XTI Aerospace, Inc.
