About this raise
XTI Aircraft is raising funds on StartEngine through Reg A+ crowdfunding. The team at XTI Aircraft has created a hybrid electric vertical takeoff and landing aircraft called the TriFan 600. The TriFan 600 is faster and has greater range than traditional aircrafts and seats 6. As of now, the team is still in the conceptual and preliminary design phase of the aircraft, focusing on financing initiatives, and has received 80 orders in presales. David Brody founded XTI Aircraft in 2012. The current crowdfunding campaign has a minimum target of $3 million and a maximum target of $20 million. The campaign proceeds will be used for hiring, sales and marketing, and continuing development of the aircraft.
Investment Overview
Deal Terms
- Platform
- StartEngine
- Start Date
- 07/26/2016
- Close Date
- 07/26/2017
$3,000,000
$20,000,000
$350
Equity - Common
Early Stage
RegA+
$1.00
Company & Team
Company
- Year Founded
- 2009
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Location
- Greenwood Village, Colorado
- Company Website
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Team
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Company Funding & Growth
Funding history
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Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.