XTI Aerospace Appoints Archduke Sandor Habsburg-Lothringen to Its Corporate Advisory Board

ENGLEWOOD, Colo., March 24, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ: XTIA), a pioneer in VTOL and powered-lift aircraft solutions, today announced the appointment of Archduke Sandor Habsburg-Lothringen to its Corporate Advisory Board.

Archduke Sandor Habsburg-Lothringen brings over 30 years of expertise in global business strategy, sustainable energy, telecommunications, and financial services to XTI Aerospace. With a background in thermodynamics, energy conservation, and environmental protection, he has played a key role in multinational corporations, family offices, and NGOs, making him a vital asset as XTI advances the development of the TriFan 600 and sustainable VTOL technology. As a Mechanical Engineering graduate specializing in environmental protection and alternative energy, he has secured multiple patents in thermodynamics and energy conservation while leading strategic initiatives that integrate technology, finance, and sustainability across industries such as agriculture, data, telecommunications, and healthcare.

Founder of Krown Impact and the Krown Green Foundation, Archduke Sandor is committed to ecological progress through impact investments, green technology, and regenerative agriculture, aligning with XTI's mission to redefine air mobility with environmentally conscious solutions. His advisory roles with leading European financial institutions and international organizations, combined with deep technical expertise in alternative energy and circular economy models, further reinforce his ability to help drive XTI Aerospace toward a more sustainable and technologically advanced future in aviation.

"We are honored to welcome Archduke Sandor to our Corporate Advisory Board, the first international addition to our team, who will assist in establishing our global presence," said Scott Pomeroy, Chairman and CEO of XTI Aerospace.

Michael Tapp, Advisory Board Chairman, added, "We look forward to leveraging Archduke Sandor's strategic insight as XTI continues to evolve the powered-lift sector of aviation. His vast experience will help guide XTI through our phases of growth as we strive to redefine air mobility."

"I am thrilled to join XTI Aerospace's Corporate Advisory Board and contribute to their bold vision for the future of aviation," said Archduke Sandor Habsburg-Lothringen. "XTI's commitment to transforming air travel through sustainable solutions and cutting-edge technology aligns perfectly with my passion for fostering innovation that can drive positive global change. I look forward to supporting XTI as it takes the next steps toward achieving its mission."

About Archduke Sandor Habsburg-Lothringen

Archduke Sandor Habsburg-Lothringen is a distinguished European leader with extensive expertise in thermodynamics, energy systems, telecommunications, and financial strategy. As the founder of Montan AG, a specialized financial consultancy based in Vaduz, Liechtenstein, he has led multinational projects and high-level financial initiatives, advising family offices, multinational corporations, and financial institutions on complex global strategies. With a background in mechanical engineering and a focus on environmental protection and alternative energy, he has secured multiple patents and played a key role in advancing sustainable technologies and innovative energy solutions.

A direct descendant of Empress Maria Theresia, Catherine the Great, and Queen Victoria, Archduke Sandor brings a unique blend of historical legacy and modern expertise to his work. His commitment to environmental sustainability, impact-driven innovation, and economic resilience has been a driving force in his career, making him a sought-after advisor for international organizations looking to integrate sustainable investment strategies and advanced engineering solutions into their operations.

About XTI Aerospace, Inc. 

XTI Aerospace (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, creating an entirely new category – the vertical lift crossover airplane (VLCA). 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 HangerXStudios.com (aviation innovation podcast), and follow the company on LinkedIn, Instagram, 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:
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Web: https://xtiaerospace.com/contact/ 

Investor Relations:
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SOURCE XTI Aerospace, Inc.