INVESTOR PRESENTATION
Published on August 8, 2024
Exhibit 99.1
1 . ľ kc Ï u ī u í c of € i í ľí a"cl NASDAQ: XľIA
2 Disclaimcí ľkis pícsc ⭲ tatio ⭲ co ⭲ tai ⭲ s roíwaíd - looki ⭲ g statcmc ⭲ ts witki ⭲ tkc mca ⭲ i ⭲ g or tkc Píi : atc Scc"íitics Ḻitigatio ⭲ Rcroím Act or 1995 a ⭲ d tkc pío : isio ⭲ s or Scctio ⭲ 27 A or tkc Scc"íitics Act or 19 ««, as amc ⭲ dcd (tkc “Scc"íitics Act”), a ⭲ d Scctio ⭲ 21 E or tkc Scc"íitics Excka ⭲ gc Act or 19 « 4 , as amc ⭲ dcd (tkc “Excka ⭲ gc Act”) . Ioíwaíd - looki ⭲ g statcmc ⭲ ts gi : c o"í c"ííc ⭲ t cxpcctatio ⭲ s oí roíccasts or r"t"íc c : c ⭲ ts . Yo" ca ⭲ idc ⭲ tirQ tkcsc statcmc ⭲ ts bQ tkc ract tkat tkcQ do ⭲ ot íclatc stíictlQ to kistoíical oí c"ííc ⭲ t racts . Yo" ca ⭲ ri ⭲ d ma ⭲ Q (b"t ⭲ ot all) or tkcsc statcmc ⭲ ts bQ looki ⭲ g roí woíds s"ck as “appíoximatcs,” “bclic : cs,” “kopcs,” “cxpccts,” “a ⭲ ticipatcs,” “cstimatcs,” “píojccts,” “i ⭲ tc ⭲ ds,” “pla ⭲ s,” “wo"ld,” “sko"ld,” “co"ld,” “maQ,” oí otkcí similaí cxpícssio ⭲ s i ⭲ tkis ícpoít . I ⭲ paític"laí, tkcsc i ⭲ cl"dc statcmc ⭲ ts íclati ⭲ g to r"t"íc actio ⭲ s ; píospccti : c píod"cts, a ⭲ ticipatcd cxpc ⭲ scs, applicatio ⭲ s, c"stomcís a ⭲ d tcck ⭲ ologics ; r"t"íc pcíroíma ⭲ cc oí ícs"lts or a ⭲ ticipatcd píod"cts ; a ⭲ d píojcctcd cxpc ⭲ scs a ⭲ d ri ⭲ a ⭲ cial ícs"lts . ľkcsc roíwaíd - looki ⭲ g statcmc ⭲ ts aíc s"bjcct to ccítai ⭲ íisks a ⭲ d " ⭲ ccítai ⭲ tics tkat co"ld ca"sc act"al ícs"lts to dirrcí matcíiallQ ríom o"í kistoíical cxpcíic ⭲ cc a ⭲ d o"í pícsc ⭲ t cxpcctatio ⭲ s oí píojcctio ⭲ s . Iactoís tkat co"ld ca"sc act"al ícs"lts to dirrcí ríom tkosc disc"sscd i ⭲ tkc roíwaíd - looki ⭲ g statcmc ⭲ ts i ⭲ cl"dc, b"t aíc ⭲ ot limitcd to : tkc Compa ⭲ Q’s kistoíQ or losscs ; o"í abilitQ to ackic : c oí mai ⭲ tai ⭲ píoritabilitQ i ⭲ tkc r"t"íc ; o"í limitcd opcíati ⭲ g kistoíQ witk tkc íccc ⭲ t b"si ⭲ css combi ⭲ atio ⭲ witk XľI Aiícíart Compa ⭲ Q (tkc "XľI Mcígcí") ; o"í abilitQ to mcct tkc dc : clopmc ⭲ t a ⭲ d commcícializatio ⭲ sckcd"lc witk ícspcct to tkc ľíiIa ⭲ 600 ; tkc íisk tkat XľI kas ⭲ ot Qct ma ⭲ "ract"ícd a ⭲ Q ⭲ o ⭲ - píototQpc aiícíart oí dcli : cícd a ⭲ Q aiícíart to a c"stomcí, a ⭲ d XľI a ⭲ d its c"ííc ⭲ t a ⭲ d r"t"íc collaboíatoís maQ b c " ⭲ ablc to s"cccssr"llQ dc : clop a ⭲ d maíkct XľI’s aiícíart oí sol"tio ⭲ s, oí maQ cxpcíic ⭲ cc sig ⭲ irica ⭲ t dclaQs i ⭲ doi ⭲ g so ; XľI is s"bjcct to tkc " ⭲ ccítai ⭲ tics associatcd witk tkc ícg"latoíQ appío : als or its aiícíart i ⭲ cl"di ⭲ g tkc ccítiricatio ⭲ bQ tkc Icdcíal A : iatio ⭲ Admi ⭲ istíatio ⭲ , wkick is a lc ⭲ gtkQ a ⭲ d costlQ píoccss, o"í abilitQ to obtai ⭲ adcq"atc ri ⭲ a ⭲ ci ⭲ g i ⭲ tkc r"t"íc as ⭲ ccdcd ; cmcígi ⭲ g compctitio ⭲ a ⭲ d íapidlQ ad : a ⭲ ci ⭲ g tcck ⭲ ologQ tkat maQ o"tpacc o"í tcck ⭲ ologQ ; c"stomcí dcma ⭲ d roí tkc píod"cts a ⭲ d scí : iccs wc dc : clop ; tkc impact or compctiti : c oí altcí ⭲ ati : c píod"cts, tcck ⭲ ologics a ⭲ d píici ⭲ g ; o"í abilitQ to dc : clop otkcí ⭲ cw píod"cts a ⭲ d tcck ⭲ ologics ; o"í abilitQ to ⭲ a : igatc tkc ícg"latoíQ c ⭲ : iío ⭲ mc ⭲ t a ⭲ d complcxitics witk complia ⭲ cc íclatcd to s"ck c ⭲ : iío ⭲ mc ⭲ t ; o"í abilitQ to attíact c"stomcís a ⭲ d/oí r"lrill c"stomcí oídcís ; o"í abilitQ to c ⭲ ka ⭲ cc a ⭲ d mai ⭲ tai ⭲ tkc ícp"tatio ⭲ or o"í bía ⭲ d a ⭲ d cxpa ⭲ d its c"stomcí basc ; o"í abilitQ to scalc i ⭲ a cost - crrccti : c ma ⭲⭲ cí a ⭲ d mai ⭲ tai ⭲ a ⭲ d cxpa ⭲ d o"í ma ⭲ "ract"íi ⭲ g a ⭲ d s"pplQ ckai ⭲ íclatio ⭲ skips ; gc ⭲ cíal cco ⭲ omic co ⭲ ditio ⭲ s a ⭲ d c : c ⭲ ts a ⭲ d tkc impact tkcQ maQ ka : c o ⭲ "s a ⭲ d o"í potc ⭲ tial c"stomcís, i ⭲ cl"di ⭲ g, b"t ⭲ ot limitcd to i ⭲ cícascs i ⭲ i ⭲ rlatio ⭲ íatcs a ⭲ d íatcs or i ⭲ tcícst, s"pplQ ckai ⭲ ckallc ⭲ gcs, cQbcíscc"íitQ attacks, o"í abilitQ to mai ⭲ tai ⭲ complia ⭲ cc witk tkc co ⭲ ti ⭲ "cd listi ⭲ g ícq"iícmc ⭲ ts or tkc Nasdaq Capital Maíkct ; laws"its a ⭲ d otkcí claims bQ tkiíd paítics oí i ⭲ : cstigatio ⭲ s bQ : aíio"s ícg"latoíQ agc ⭲ cics tkat wc maQ bc s"bjcctcd to a ⭲ d aíc ícq"iícd to ícpoít ; o"í abilitQ to ícspo ⭲ d to a rail"íc or o"í sQstcms a ⭲ d tcck ⭲ ologQ to opcíatc o"í b"si ⭲ css ; o"í abilitQ to píotcct o"í i ⭲ tcllcct"al píopcítQ ; tkc o"tcomc or a ⭲ Q k ⭲ ow ⭲ a ⭲ d " ⭲ k ⭲ ow ⭲ litigatio ⭲ a ⭲ d ícg"latoíQ píocccdi ⭲ gs ; o"í s"cccss at ma ⭲ agi ⭲ g tkc íisks i ⭲ : ol : cd i ⭲ tkc roícgoi ⭲ g itcms ; a ⭲ d otkcí ractoís wkctkcí oí ⭲ ot disc"sscd i ⭲ tkis pícsc ⭲ tatio ⭲ . ľkc roíwaíd - looki ⭲ g statcmc ⭲ ts aíc bascd "po ⭲ ma ⭲ agcmc ⭲ t’s bclicrs a ⭲ d ass"mptio ⭲ s a ⭲ d aíc madc as or tkc datc or tkis ícpoít . Wc " ⭲ dcítakc ⭲ o obligatio ⭲ to p"bliclQ "pdatc oí íc : isc a ⭲ Q roíwaíd - looki ⭲ g statcmc ⭲ ts i ⭲ cl"dcd i ⭲ tkis ícpoít . Yo" sko"ld ⭲ ot placc " ⭲ d"c íclia ⭲ cc o ⭲ tkcsc roíwaíd - looki ⭲ g statcmc ⭲ ts . ľkis pícsc ⭲ tatio ⭲ also co ⭲ tai ⭲ s oí maQ co ⭲ tai ⭲ cstimatcs, píojcctio ⭲ s a ⭲ d otkcí i ⭲ roímatio ⭲ co ⭲ ccí ⭲ i ⭲ g o"í i ⭲ d"stíQ a ⭲ d o"í b"si ⭲ css, i ⭲ cl"di ⭲ g data ícgaídi ⭲ g tkc cstimatcd sizc or o"í maíkcts a ⭲ d tkcií píojcctcd gíowtk íatcs . I ⭲ roímatio ⭲ tkat is bascd o ⭲ cstimatcs, roíccasts, píojcctio ⭲ s oí similaí mctkodologics is i ⭲ kcíc ⭲ tlQ s"bjcct to " ⭲ ccítai ⭲ tics a ⭲ d act"al c : c ⭲ ts oí ciíc"msta ⭲ ccs maQ dirrcí matcíiallQ ríom c : c ⭲ ts a ⭲ d ciíc"msta ⭲ ccs ícrlcctcd i ⭲ tkis i ⭲ roímatio ⭲ . U ⭲ lcss otkcíwisc cxpícsslQ statcd, wc obtai ⭲ cd tkcsc i ⭲ d"stíQ, b"si ⭲ css, maíkct a ⭲ d otkcí data ríom ícpoíts, st"dics a ⭲ d similaí data pícpaícd bQ tkiíd paítics, i ⭲ d"stíQ a ⭲ d gc ⭲ cíal p"blicatio ⭲ s, go:cí ⭲ mc ⭲ t data a ⭲ d similaí so"íccs. I ⭲ somc cascs, wc do ⭲ ot cxpícsslQ ícrcí to tkc so"íccs ríom wkick tkcsc data aíc dcíi:cd.
Strictly Private and Confidential O:cí:icw Vidco ľíiIa ⭲ 600 Vidco «
4 ľkc ⭲ cxt íc:olutio ⭲ i ⭲ aií tía:cl is u ⭲ dcíwaQ . . . O"í “cíosso:cí” aiípla ⭲ c will clcga ⭲ tlQ blc ⭲ d tkc bcst or a b"si ⭲ css aiícíart a ⭲ d a kclicoptcí i ⭲ to o ⭲ c kigklQ :císatilc aiípla ⭲ c. Pcíso ⭲ alizcd Poi ⭲ t - to - Poi ⭲ t Aií ľía:cl 700 ½iles i ⭲ píessuíized co½roíť Sig ⭲ ifica ⭲ t ľimc Sa:i ⭲ gs ľ ice ť”e speed or ½osť co ⭲ »e ⭲ ťio ⭲ al ”elicopťeís Immcdiatc E ⭲ tíQ i ⭲ to Scí:icc (EIS) No aiťi ⭲ g roí ⭲ e íegulaťio ⭲ s oí co ⭲ sťíucťio ⭲ * ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc : clopmc ⭲ t . Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis . S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ . TriFan 600 is the arguably the most transformative design shift in aviation in the last half - century. ”XTI Aerospace brings an unprecedented level of versatility to commercial and private aviation.” - Jonathan Ornstein, Mesa Air Group, Chairman and CEO Mesa Airlines Investment in XTI and Conditional Pre - Order for 100 TriFan 600 Aircraft
5 » Nasdaq listcd: XľIA » Vcítical Lift Cíosso:cí Aiípla ⭲ c (VLCA) » O:cí 700 co ⭲ ditio ⭲ al píc - oídcís 1 totali ⭲ g o:cí $7 billio ⭲ i ⭲ gíoss íc:c ⭲ ucs 2 » Limitcd compctitio ⭲ ; Patc ⭲ tcd » ľAM $125B bQ 2030 3 » E ⭲ tcípíisc :aluc of XľI Aiícíaft subsidiaíQ asccítai ⭲ cd bQ 3íd paítQ to bc witki ⭲ tkc ía ⭲ gc of $252 millio ⭲ a ⭲ d $343 millio ⭲ as of JulQ 2023 1. Co ⭲ ditio ⭲ al píc - oídcís ícrcís to a combi ⭲ atio ⭲ or co ⭲ ditio ⭲ al aiícíart p"íckasc agíccmc ⭲ ts, ⭲ o ⭲ - bi ⭲ di ⭲ g ícscí:atio ⭲ dcposit agíccmc ⭲ ts, optio ⭲ s a ⭲ d lcttcís or i ⭲ tc ⭲ t ríom potc ⭲ tial p"íckascís. 2. Bascd o ⭲ XľI's c"ííc ⭲ t list píicc or $10 millio ⭲ pcí aiícíart a ⭲ d ass"mi ⭲ g XľI is ablc to cxcc"tc o ⭲ tkc dc:clopmc ⭲ t píogíam roí tkc ľíiIa ⭲ 600, scc"íc IAA ccítiricatio ⭲ , a ⭲ d dcli:cí tkc aiícíart. «. ľAM cstimatcd as a ⭲ aggícgatc or b"si ⭲ css jcts maíkct: $«0.1B i ⭲ 2022, so"ícc: kttps://www.maíkctsa ⭲ dmaíkcts.com/Maíkct - Rcpoíts/b"si ⭲ css - jct - maíkct - ««69®426.ktml; kclicoptcís maíkct: $«0.6B i ⭲ 2022, so"ícc: kttps : //www . maíkctsa ⭲ dmaíkcts . com/Maíkct - Rcpoíts/kclicoptcís - maíkct - 25 « 4677 ® 5 . ktml ; Emcígi ⭲ g Uíba ⭲ Aií MobilitQ (UAM) maíkct : $ 50 B bQ 20 « 0 , so"ícc : kttps : //asscts .: cíticalmag . com/wp - co ⭲ tc ⭲ t/"ploads/ 2021 / 05 /Moíga ⭲ - Sta ⭲ lcQ - URBAN_ 20210506 _ 0000 . pdr ; Emcígi ⭲ g Rcgio ⭲ al Aií MobilitQ (RAM) maíkct : $ 15 B bQ 20 « 0 (midpoi ⭲ t bctwcc ⭲ low & kigk cstimatc), so"ícc : kttps : //www . mcki ⭲ scQ . com/i ⭲ d"stíics/acíospacc - a ⭲ d - dcrc ⭲ sc/o"í - i ⭲ sigkts/skoít - ka"l - rlQi ⭲ g - ícdcri ⭲ cd - tkc - píomisc - or - ícgio ⭲ al - aií - mobilitQ . 4 . ľkc c ⭲ tcípíisc : al"c or XľI was asccítai ⭲ cd bQ a ⭲ i ⭲ dcpc ⭲ dc ⭲ t ri ⭲ a ⭲ cial ad : isoíQ riím artcí compaíiso ⭲ witk ccítai ⭲ p"blic compa ⭲ ics witk similaí b"si ⭲ css modcls to XľI i ⭲ tkc aií tía : cl/VľOḺ scgmc ⭲ t or tkc a : iatio ⭲ i ⭲ d"stíQ, witk a ⭲ a : cíagc c ⭲ tcípíisc : al"c or appíoximatclQ $ 1 . 6 billio ⭲ . XľI Acíospacc O:cí:icw
6 Scott PomcíoQ Ckaiíma ⭲ & CEO or XľI Acíospacc, I ⭲ c . SoumQa Das CEO or RľḺS B"si ⭲ css Ki:isio ⭲ XľIA Lcadcískip Bíookc ľuík CIO or XľI Acíospacc, I ⭲ c. Salccm Zakccí Ckicr Commcícial Orriccí or XľI Acíospacc, I ⭲ c . Do ⭲ C. PuídQ Sc ⭲ ioí Vicc Pícsidc ⭲ t, B"si ⭲ css a ⭲ d Píogíam Kc:clopmc ⭲ t XľI Acíospacc, I ⭲ c. 6
7 VľOL Ra ⭲ gc 600 NM / 700 mi / 1100 km Dcsig ⭲ cd Cíuisc Spccd «00 kts / «45 mpk / 555 kpk Dcsig ⭲ cd Cíuisc Altitudc 25,000 rt Ccítificd IÏR Kcsig ⭲ cd to rlQ i ⭲ to clo"ds & k ⭲ ow ⭲ ici ⭲ g Dcsig ⭲ cd to Opcíatc fíom • Hclipads • Iiím gío" ⭲ d • Aiípoíts XľI ľíiÏa ⭲ G00 VLCA Pcífoíma ⭲ cc 1 NO NEW INÏRASľRUCľURE REQUIRED 1 ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc:clopmc ⭲ t. Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis. S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ VľOL Ra ⭲ gc 700 mi VľOL Ra ⭲ gc 700 mi Hclc ⭲ a Las Vcgas Vcítipoít Ckicago Los A ⭲ gclcs Ka ⭲ sas CitQ SÏO Ok CitQ Boisc Sacíamc ⭲ to Salt Lakc CitQ Poítla ⭲ d Ba ⭲ goí Atla ⭲ ta Jackso ⭲ :illc Caspcí Bismaíck ľampa DC Louis:illc Dc ⭲ :cí Bosto ⭲ Dctíoit Pittsbuígk Omaka Pkoc ⭲ ix Albuqucíquc Dallas Va ⭲ cou:cí Ncw Yoík ľoío ⭲ to Mcmpkis Mi ⭲⭲ capolis Housto ⭲ Ncw Oílca ⭲ s Scattlc Miami Ckaílottc
8 Pícsidc ⭲ t or Ccss ⭲ a Mcmbcí, Li:i ⭲ g Lcgc ⭲ ds of A:iatio ⭲ Ka ⭲ sas & Coloíado A:iatio ⭲ Halls of Ïamc U.S. Aií Ïoícc rigktcí pilot Kiícctoí Píogíam Ma ⭲ agcmc ⭲ t at XľI Sí Píojcct E ⭲ gi ⭲ ccí at Acíio ⭲ Supcíso ⭲ ic Sí Píogíam Ma ⭲ agcí at NORDAM Sí E ⭲ gi ⭲ ccí at Noítkíop Gíumma ⭲ Kiícctoí or tkc AVX píogíam dc:clopmc ⭲ t & b"si ⭲ css dc:clopmc ⭲ t or tkc ľíiIa ⭲ 600 Colli ⭲ s Acíospacc (RľX) Kiícctoí or StíatcgQ Kc:clopmc ⭲ t Ho ⭲ cQwcll, I ⭲ c. B"si ⭲ css Kc:clopmc ⭲ t ľcam of Expcíic ⭲ ccd A:iatio ⭲ Vctcía ⭲ s 250 Qcaís or collccti:c acíospacc cxpcíic ⭲ cc. O:cí 40 aiícíart ccítiricd. Do ⭲ PuídQ SVP, B"si ⭲ css & Píogíams or XľIA Scott PomcíoQ Boaíd Kiícctoí XľIA CEO Salccm Zakccí CCO or XľIA O:císaw stíatcgQ, b"si ⭲ css dc:clopmc ⭲ t at XľI Aiícíaft Da:c Ambíosc VP E ⭲ gi ⭲ ccíi ⭲ g Kcitk Da:is VP Píogíams VP Iligkt Opcíatio ⭲ s & Spccial Píojccts I ⭲ diGo Aiíli ⭲ cs U ⭲ itcd Aiíli ⭲ cs Captai ⭲ Kiícctoí Aií Vckiclc I ⭲ tcgíatio ⭲ XľI Vckiclc I ⭲ tcgíatio ⭲ Ḻcad, Acíio ⭲ Supcíso ⭲ ic Lockkccd Sku ⭲ k Woíks I«5 Joi ⭲ t Stíikc Iigktcí Píop"lsio ⭲ E ⭲ gi ⭲ ccí, Ccss ⭲ a Boaíd Mcmbcí AVX Aiícíaft Compa ⭲ Q Co - fou ⭲ dcí Gc ⭲ « – Bo"tiq"c Mcícka ⭲ t Ba ⭲ k. $50M íaiscd CÏO, Dcx Mcdia Ma ⭲ agcd $10B íaiscs Ckaílic Jok ⭲ so ⭲ Ckicr Opcíati ⭲ g Ad:isoí
9 Extc ⭲ si:c Dcsig ⭲ Woík Complctcd Airframe: Fuel System: Landing Gear: Drive System: Propulsion System:
10 Píclimi ⭲ aíQ Dcsig ⭲ Rc:icw (PDR) U ⭲ dcíwaQ Expected Milestones Q3 2024 » Definitive agreement with AVX Aircraft Company for further design and development of the TriFan 600 Vertical Lift Crossover Airplane. Q4 2024 » Alliance Perot Field (Fort Worth, TX) Engineering Offices » Select Engine Supplier, Cabin Integrator and Drivetrain Suppliers Q1 2025 » Chief Engineer – Engineering Update » Select Avionics Supplier Q2 2025 » Engineering Facilities Update » Marketing Demonstrator Update Q3 2025 » Virtual/Augmented Reality Cabin Experience Update » Engineering and Development Update Q4 2025 » PDR Completion Capital Requirements Through PDR: Approximately $50 million XľI 65% - Scalc Píoor - or - Co ⭲ ccpt Vckiclc (2017 – 2020) Ho:cí ľcsts
11 KcQ Higkligkts I ⭲ :cstmc ⭲ t Oppoítu ⭲ itQ : XľI «íd paítQ :aluatio ⭲ ía ⭲ gc: $252 to $«4« millio ⭲ 5 ľíactio ⭲ cstabliskcd : 700+ co ⭲ ditio ⭲ al píc - oídcís 2 ľía ⭲ sfoímatio ⭲ al : VcísatilitQ, RcliabilitQ a ⭲ d SafctQ Sig ⭲ ifica ⭲ t ľAM : 125 billio ⭲ total addícssablc maíkct bQ 20«0 1 1 ľAM cstimatcd as a ⭲ aggícgatc or b"si ⭲ css jcts maíkct: $«0.1B i ⭲ 2022, so"ícc: kttps://www.maíkctsa ⭲ dmaíkcts.com/Maíkct - Rcpoíts/b"si ⭲ css - jct - maíkct - ««69®426.ktml; kclicoptcís maíkct: $«0.6B i ⭲ 2022, so"ícc: kttps://www.maíkctsa ⭲ dmaíkcts.com/Maíkct - Rcpoíts/kclicoptcís - maíkct - 25«4677®5.ktml; Emcígi ⭲ g Uíba ⭲ Aií MobilitQ (UAM) maíkct: $50B bQ 20«0, so"ícc: kttps://asscts.:cíticalmag.com/wp - co ⭲ tc ⭲ t/"ploads/2021/05/Moíga ⭲ - Sta ⭲ lcQ - URBAN_20210506_0000.pdr; Emcígi ⭲ g Rcgio ⭲ al Aií MobilitQ (RAM) maíkct: $15B bQ 20«0 (midpoi ⭲ t bctwcc ⭲ low & kigk cstimatc), so"ícc: kttps://www.mcki ⭲ scQ.com/i ⭲ d"stíics/acíospacc - a ⭲ d - dcrc ⭲ sc/o"í - i ⭲ sigkts/skoít - ka"l - rlQi ⭲ g - ícdcri ⭲ cd - tkc - píomisc - or - ícgio ⭲ al - aií - mobilitQ . 2 A combi ⭲ atio ⭲ or co ⭲ ditio ⭲ al aiícíart p"íckasc agíccmc ⭲ ts, ⭲ o ⭲ - bi ⭲ di ⭲ g ícscí:atio ⭲ dcposit agíccmc ⭲ ts, a ⭲ d optio ⭲ s. « ľkc c ⭲ tcípíisc :al"c or XľI was asccítai ⭲ cd bQ a ⭲ i ⭲ dcpc ⭲ dc ⭲ t ri ⭲ a ⭲ cial ad:isoíQ riím artcí compaíiso ⭲ witk ccítai ⭲ p"blic compa ⭲ ics witk similaí b"si ⭲ css modcls to XľI i ⭲ tkc aií tía:cl/VľOḺ scgmc ⭲ t or tkc a:iatio ⭲ i ⭲ d"stíQ, witk a ⭲ a:cíagc c ⭲ tcípíisc :al"c or appíoximatclQ $1.6 billio ⭲ . Es ī i ½ a ī cs a ⭲ d P í ojcc ī io ⭲ s XľIA is guided by a leadeís”ip ťea½ iť” decades or busi ⭲ ess expeíie ⭲ ce, deep a»iaťio ⭲ i ⭲ dusťíy expeíťise, a ⭲ d a pío»e ⭲ ťíack íecoíd successrully bíi ⭲ gi ⭲ g ⭲ e aiícíarť ťo ½aíkeť i ⭲ cludi ⭲ g paíťicipaťio ⭲ o ⭲ ťea½s ť”ať played a íole i ⭲ ťaki ⭲ g o»eí 40 aiícíarť ť”íoug” FAA ceíťiricaťio ⭲
12 i i Effcct Datc Compa ⭲ Q E:c ⭲ t «4% Stock Píicc i ⭲ cícasc 0®/11/21 Kcb"t as P"blic Compa ⭲ Q 24% Stock Píicc a ⭲ d $810M Maíkct Cap appícciatio ⭲ 0«/1®/22 Complctio ⭲ a ⭲ d Appío:al or riíst Complia ⭲ cc Rc:icw bQ IAA G4% Stock Píicc Risc a ⭲ d $2.GB Maíkct Cap appícciatio ⭲ 06/2®/2« IAA ľcst Iligkt Appío:al a ⭲ d bcgi ⭲⭲ i ⭲ g or commcícializatio ⭲ «8% Stock Píicc appícciatio ⭲ a ⭲ d $218M ⭲ cícasc i ⭲ Maíkct Cap 05/11/2« Ii ⭲ al AsscmblQ or tkc riíst aiícíart 4«% Stock Píicc i ⭲ cícasc $490M i ⭲ cícasc ⭲ Maíkct Cap 07/«1/2« $142M i ⭲ USAI Elcctíic Aiícíart Kcli:cíQ Co ⭲ tíacts G8% Stock Píicc appícciatio ⭲ a ⭲ d $1.«B Maíkct Cap I ⭲ cícasc 09/0®/22 U ⭲ itcd Aiíli ⭲ cs c ⭲ tcís i ⭲ to a co ⭲ ditio ⭲ al p"íckasc agíccmc ⭲ t roí 200 aiícíart witk optio ⭲ to i ⭲ cícasc tkc oídcí bQ a ⭲ otkcí 200 aiícíart 40% Stock Píicc i ⭲ cícasc a ⭲ d $820M Maíkct Cap i ⭲ cícasc 06/06/2« Kcb"t at aií skow, adds additio ⭲ al 150 : aiícíart to pipcli ⭲ c, a ⭲ d makcs commitmc ⭲ ts to cxpa ⭲ d i ⭲ BaQ Aíca alo ⭲ gsidc U ⭲ itcd Potc ⭲ tial Public Maíkct Upsidc So"íccs: Compa ⭲ Q pícss íclcascs, CapIQ, a ⭲ d IactSct Píiccs aíc calc"latcd o ⭲ a daQ píioí to a ⭲⭲ o" ⭲ ccmc ⭲ t a ⭲ d c ⭲ di ⭲ g 2/« daQs post a ⭲⭲ o" ⭲ ccmc ⭲ t to capt"íc maíkct píicc appícciatio ⭲ r"llQ. Maíkct Capitalizatio ⭲ is ⭲ ot dil"tcd, it was a CapIQ roím"la witk skaícs o"tsta ⭲ di ⭲ g o ⭲ tkat daQ
13 Rcpícsc ⭲ tati:c Valuatio ⭲ s So"ícc: Yakoo Ii ⭲ a ⭲ cc as or A"g"st ®, 2024
14 KcQ Statistics Ticker: Exchange: Share Price (8/7/24): Shares Outstanding (8/7/24): Market Cap (8/7/24): Fiscal Year End: XTIA Nasdaq $0.21 34M (approx.) $7.14M December 31
15 ľ ka ⭲½ Qou! Investor Relations Crescendo Communications, LLC Tel: 212 - 671 - 1020 Email: XTIA@crescendo - ir.com NASDAQ: XTIA Corporate website: XTIAerospace.com IR Website: ir.XTIAerospace.com 15
16 € ppc ⭲ dix A A
A - 1 7 1 XľI ľíiÏa ⭲ G00 VLCA: Vcísatilc Will scí:c cxisti ⭲ g a ⭲ d cmcígi ⭲ g maíkcts ľíiÏa ⭲ G00 a ⭲ ticipatcd will scí:c di:císc maíkcts Mi ⭲ imal compctitio ⭲ ríom a rcw compa ⭲ ics witk mi ⭲ imal p"blic i ⭲ roímatio ⭲ a:ailablc cVľOL aiícíaft will scí:c a limitcd maíkct Compctitio ⭲ bctwcc ⭲ k" ⭲ dícds or ⭲ cw compa ⭲ ics Existi ⭲ g b"si ⭲ css aiícíart maíkct $«0B 1 Emcígi ⭲ g Rcgio ⭲ al Aií MobilitQ (RAM) maíkct $15B 2 Emcígi ⭲ g Uíba ⭲ Aií MobilitQ (UAM) maíkct $50B « Existi ⭲ g kclicoptcí maíkct $«0B 4 1 B"si ⭲ css jcts maíkct: $«0.1B i ⭲ 2022, so"ícc: kttps://www.maíkctsa ⭲ dmaíkcts.com/Maíkct - Rcpoíts/b"si ⭲ css - jct - maíkct - ««69®426.ktml 2 Emcígi ⭲ g Rcgio ⭲ al Aií MobilitQ (RAM) maíkct: $15B bQ 20«0 (midpoi ⭲ t bctwcc ⭲ low & kigk cstimatc), so"ícc: kttps://www.mcki ⭲ scQ.com/i ⭲ d"stíics/acíospacc - a ⭲ d - dcrc ⭲ sc/o"í - i ⭲ sigkts/skoít - ka"l - rlQi ⭲ g - ícdcri ⭲ cd - tkc - píomisc - or - ícgio ⭲ al - aií - mobilitQ « Emcígi ⭲ g Uíba ⭲ Aií MobilitQ (UAM) maíkct: $50B bQ 20«0, so"ícc: kttps://asscts.:cíticalmag.com/wp - co ⭲ tc ⭲ t/"ploads/2021/05/Moíga ⭲ - Sta ⭲ lcQ - URBAN_20210506_0000.pdr 4 Hclicoptcís maíkct: $«0.6B i ⭲ 2022, so"ícc: kttps://www.maíkctsa ⭲ dmaíkcts.com/Maíkct - Rcpoíts/kclicoptcís - maíkct - 25«4677®5.ktml A - 1
18 VLCA Pcífoíma ⭲ cc Ad:a ⭲ tagcs Busi ⭲ css Aiípla ⭲ c Hclicoptcí cVľOL ľRIÏAN G00 Ra ⭲ gc (700¦ mi) Spccd («00¦ mpk) Ca ⭲ la ⭲ d o ⭲ a kclipad oí job sitcs, ícmotc locatio ⭲ s, clcaí díi:cwaQs ctc. Pío:c ⭲ píopulsio ⭲ sQstcm Laígcí PaQload ÏullQ Opcíablc witk cxisti ⭲ g i ⭲ fíastíuctuíc No ⭲ cw aiíspacc ícgulatio ⭲ s ícquiícd Some Ccítificd IÏR (fligkt i ⭲ to clouds & ad:císc wcatkcí impío:cs ícliabilitQ) Pícssuíizcd cabi ⭲ foí passc ⭲ gcí comfoít Vcísatilc – taígcts :aíicd maíkcts ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc:clopmc ⭲ t. Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis or :c ⭲ doí a ⭲ d maíkct data. S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ A - 2
19 ľcck ⭲ ologQ O:cícomcs Píc:ious Limitatio ⭲ s 1. AcíodQ ⭲ amic Ad:a ⭲ tagc Optimizcd d"ctcd ra ⭲ s a ⭲ d píopcllcís pío:idc crricic ⭲ t acíodQ ⭲ amics i ⭲ ko:cí a ⭲ d cí"isc rligkt 2. Vcítical Lift CapabilitQ Rcaí ra ⭲ pío:idcs stabilitQ a ⭲ d powcí d"íi ⭲ g VľOḺ a ⭲ d stows i ⭲ rligkt «. Ïucl - Efficic ⭲ t E ⭲ gi ⭲ cs ľwo pío:c ⭲ powcír"l t"íboskart c ⭲ gi ⭲ cs accclcíatc ccítiricatio ⭲ timcli ⭲ c, witk a patk to zcío cmissio ⭲ s 4. 'ÏlQ BQ Wiíc’ Duct Co ⭲ tíols Rcd"ccs pilot woíkload a ⭲ d c ⭲ ka ⭲ ccs stabilitQ 5. Pícssuíizcd Comfoít Pícss"íizcd r"sclagc c ⭲ ka ⭲ ccs passc ⭲ gcí cxpcíic ⭲ cc G. Exccllc ⭲ t VisibilitQ Optimizcd wi ⭲ dows a"gmc ⭲ tcd witk camcías impío:c pilot’s sit"atio ⭲ al awaíc ⭲ css ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc : clopmc ⭲ t . pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis . cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ . Estimatcd S"bjcct to A - 3
20 ľíiÏa ⭲ G00 Expcctcd ľimc, Cost a ⭲ d Emissio ⭲ s Rcductio ⭲ s* • Ma ⭲ katta ⭲ to Bosto ⭲ oí KC • Ḻo ⭲ do ⭲ to Paíis Examplc Missio ⭲ : 200 - milc tíip • Ho"sto ⭲ to Kallas • ľokQo to Osaka XľI ľíiÏa ⭲ G00 KOC: $7««/kí « Cí"isc: «00 k ⭲ ots « Bcll 429 Cí"isc: 155 k ⭲ ots 2 At 2X tkc spccd, ľíiÏa ⭲ G00 complctcs tkc missio ⭲ witk… kalf tkc missio ⭲ costs ( - 40 to 60%) kalf tkc timc (50 mi ⭲ :s. 90 mi ⭲ ) kalf tkc cmissio ⭲ s ( - 40 to 60%) 2X íc:c ⭲ uc potc ⭲ tial ( : 100%) Lowcí Diícct Opcíati ⭲ g Cost ľwicc tkc spccd of co ⭲ :c ⭲ tio ⭲ al kclicoptcís AW 109 KOC: $1««®/kí 1 Cí"isc: 15« k ⭲ ots 2 KOC: $9®1/kí 1 KOC: Kiícct Opcíati ⭲ g Cost = I"cl : Mai ⭲ tc ⭲ a ⭲ cc/ko"í (Jct A cost ass"mcd: $5/USG) 1 Co ⭲ kli ⭲ & dcKcckcí/Rc ⭲ aissa ⭲ cc Stíatcgic Ad:isoís 2 Ḻco ⭲ aído/Bcll wcbsitcs « ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc:clopmc ⭲ t. Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis or :c ⭲ doí a ⭲ d maíkct data. S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ A - 4
21 ľíiÏa ⭲ G00 Expcctcd Mo ⭲ ctaíQ Sa:i ⭲ gs* Ops Cost roí 200 - milc tíip x 6 timcs/daQ o:cí 5 Qcaís. Aiícíart píicc/ops costs: B&CA Ops & P"íckasc Pla ⭲⭲ i ⭲ g Ha ⭲ dbook 202«. Rotoícíart p"íckasc píicc: kttps://aií.o ⭲ c/ , ops costs: Co ⭲ kli ⭲ & dcKcckcí * ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc:clopmc ⭲ t. Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis. S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ . $9.9 $6.5 $8.1 $8.2 $25.0 $7.8 $7.0 $11.0 $12.2 $6.0 $15.3 $14.9 $17.8 $18.2 $ $6.9 $4.8 $7.1 $7.6 ÏIVE YEAR COSľ OÏ OWNERSHIP Eq"ippcd Píicc($m) i ⭲ 202« KOC roí 6 lcgs/daQ x «40 daQs x 5 Qcaís ($MM) AG U S ľ A W E S ľ Ḻ AN K 6 0 9 Tiltrotor A W 109 G R A N K N E W Helicopter B E Ḻ Ḻ 4 2 9 W Ḻ G Helicopter X ľ I ľ R I I A N 600* Ducted Fan All ⭲ ccd a íu ⭲ waQ Ca ⭲ opcíatc fíom kclipads P I Ḻ A ľ U S PC 2 4 Business Jet EM B R A ER P H EN O M « 0 0 E Business Jet H O N K A J Eľ EḺ I ľ E I I Business Jet B E E C H C R A I ľ K I N G A I R 2 6 0 Turboprop A I R B U S E C 1«5 Helicopter A - 5
22 Dcsig ⭲ , Dc:clopmc ⭲ t a ⭲ d Ccítificatio ⭲ AVX Aiícíart Compa ⭲ Q was ro" ⭲ dcd witk a :isio ⭲ or bíi ⭲ gi ⭲ g ad:a ⭲ ccd :cítical lirt sol"tio ⭲ s to tkc ci:il maíkct. HigklQ cxpcíic ⭲ ccd c ⭲ gi ⭲ ccís a ⭲ d píorcssio ⭲ als ka:c cícatcd i ⭲⭲ o:ati:c dcsig ⭲ s, tkat "sc modcí ⭲ tcck ⭲ ologQ, to dcli:cí :isio ⭲ aíQ pcíroíma ⭲ cc i ⭲ tkc :cítical lirt c ⭲ :iío ⭲ mc ⭲ t. AVX WEBSIľE Collaboíatio ⭲ Ad:a ⭲ tagcs: x Expcíic ⭲ ccd VľOḺ c ⭲ gi ⭲ ccís x S"ppoít tkc ccítiricatio ⭲ or tkc ľíiIa ⭲ 600 x Skoítc ⭲ tkc timcli ⭲ c to commcícializatio ⭲ x Rcd"cc dc:clopmc ⭲ t cxpc ⭲ scs A - 6
23 VľOL Capabilitics & Píogíams In 2010 , AVX began applying its unique patented coaxial rotor design technology to the military marketplace and refined and matured that technology as it competed in numerous U . S . military aircraft development programs . AVX subsequently expand its Unmanned Air Vehicle designs and other engineering services for commercial and military applications under its current ongoing series of contracts with the U . S . military . A - 7
24 Ouí Commitmc ⭲ t to Sustai ⭲ abilitQ A mcasuícd íisk, pkascd appíoack ticd to: o ľcck ⭲ ologQ mat"íatio ⭲ or kQdíogc ⭲ /battcíics o Ioím"latio ⭲ or ícg"latoíQ g"ida ⭲ cc o I ⭲ ríastí"ct"íc dc:clopmc ⭲ t ľuíboskaft E ⭲ gi ⭲ cs Accclcíatc ccítiricatio ⭲ & c ⭲ tíQ i ⭲ to scí:icc Compatiblc witk 100% s"stai ⭲ ablc a:iatio ⭲ r"cl (SAI) CO2 cmissio ⭲ s ícd"ccd bQ "p to ®0% 1 dcpc ⭲ di ⭲ g o ⭲ tkc SAI blc ⭲ d HQbíid Powcí HQdíogc ⭲ r"cl ccll oí battcíics pl"s a t"íboskart c ⭲ gi ⭲ c CO2 cmissio ⭲ s ícd"ccd 90% Zcío Emissio ⭲ s Píopulsio ⭲ All Elcctíic Zcío cmissio ⭲ s 1 kttps://www.iata.oíg/c ⭲ /píogíams/c ⭲ :iío ⭲ mc ⭲ t/s"stai ⭲ ablc - a:iatio ⭲ - r"cls ľíiIa ⭲ 600 aiícíart " ⭲ dcí dc:clopmc ⭲ t. Estimatcd pcíroíma ⭲ cc bascd o ⭲ XľI Aiícíart a ⭲ alQsis. S"bjcct to cka ⭲ gc a ⭲ d IAA ccítiricatio ⭲ A - 8