Personal/Corporate

XTI TriFan 600 Orders Top 60, Company Attracts More Investors

By S.L. Fuller | November 9, 2017

XTI-TriFan-600-rooftop-dawn

Image courtesy of XTI Aircraft Corp

XTI Aircraft Company promoted its TriFan 600 at the Ft. Lauderdale International Boat Show. The company bagged more than 60 orders following the show under its presales program. XTI said it also garnered “several more large investors.”

"Owners and builders of yachts with landing pads, as well as this entire community, have embraced the TriFan," said Robert LaBelle, CEO of XTI. "With orders at the Paris Air Show, NBAA, and now the Ft. Lauderdale International Boat Show, it's clear that the market continues to recognize the value proposition of our unique and revolutionary airplane and its patented technology.”

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The company signed its first customer in June, announced at the Paris Air Show. The first three production units were claimed with an aircraft reservation deposit agreement. XTI said the customer had asked to remain unnamed for “competitive reasons.”

Last month, XTI said it had begun to assemble a scaled test version of the ducted lift-fan aircraft. The company hoped to fly it within a year. LaBelle had said the 60% scale test aircraft would permit validation of aerodynamics for the TriFan 600. Using a scaled version also would save money, he said. Testing of full aircraft systems would await completion of the first full-scale prototype, which LaBelle said would start as soon as additional investments were secured.

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