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INPX / Inpixon to combine with crossover plane maker XTI Aircraft

Inpixon INPX, -0.59% said Tuesday it agreed to combine with XTI Aircraft Co., developer of the TriFan 600 fixed-wing vertical takeoff and landing plane, in a deal that values the company at $252 million to $343 million based on industry estimates by an independent adviser. XTI said conditional pre-orders of more than 700 aircraft have the potential to produce about $7.1 billion upon delivery. Read More

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Posted: Jul 25 2023, 09:27

Author Name: Market Watch

INPX News

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