DALLAS, Aug. 31, 2026 /PRNewswire/ — XTI Aerospace, Inc. (Nasdaq: XTIA) (“XTI Aerospace,” “XTI” or the “Company”), an aerospace and advanced technology platform and parent company of Drone Nerds, LLC, (“Drone Nerds”), a leading drone solutions platform serving commercial, enterprise and government customers, today announced that it received a deficiency notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on August 26, 2026 (the “Notice”). The Notice indicated that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”). The Listing Rule requires Nasdaq-listed companies to timely file all required periodic financial reports with the SEC. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires public disclosure of the receipt of a deficiency notification.

As previously disclosed, on August 17, 2026, the Company filed a Notification of Late Filing on Form 12b-25 with the SEC with respect to the Form 10-Q, stating that the Company was unable to file the Form 10-Q within the prescribed time period without unreasonable effort or expense because the Company is in the process of completing an internal review of the Company’s former Chief Executive Officer, who resigned on August 17, 2026, and other related corporate governance matters. The Company is working diligently to complete the internal review and intends to file the Form 10-Q as promptly as practicable following its completion. The Company is not able at this time to estimate when the internal review will be completed or when the Form 10-Q will be filed.

The Notice provides the Company with 60 calendar days from the date of the Notice, or until October 26, 2026, to submit a plan to regain compliance with Nasdaq’s continued listing requirements. If the Company has not filed the Form 10-Q by October 26, 2026, it intends to submit a plan to regain compliance. If Nasdaq accepts the plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the due date of the Form 10-Q, which the Notice states would be until February 22, 2027, to regain compliance. The Notice further provides that any subsequent periodic report that becomes due within the exception period, including the Company’s Quarterly Report on Form 10-Q for the quarter ending September 30, 2026, must be filed no later than the end of that period. If Nasdaq does not accept the Company’s plan, the Company may appeal that determination to a Nasdaq Hearings Panel.

The Notice has no immediate effect on the listing of the Company’s common stock on the Nasdaq Capital Market. There can be no assurance that the Company will be able to file the Form 10-Q within the applicable period, that Nasdaq will accept any plan to regain compliance that the Company may submit, that any appeal of an adverse determination would be successful, or that the Company will otherwise be able to regain or maintain compliance with Nasdaq’s continued listing requirements.

About XTI Aerospace, Inc.

XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace company providing unmanned aircraft systems (“UAS”) solutions through its commercial drone solutions division, operated through Drone Nerds, LLC and two development-stage divisions focused on autonomous defense systems and domestic manufacturing of unmanned systems components designed to support federal procurement and sourcing requirements. XTI’s commercial drone solutions business provides hardware distribution, training, service, repair, and lifecycle support to enterprise, public safety and government customers.

XTI Aerospace is headquartered in Dallas, Texas. For more information about XTI, please visit xtiaerospace.com and follow XTI on LinkedIn, Instagram, X, and YouTube.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements included in this press release that are not historical facts (including any statements concerning plans and objectives of management for future operations of economic performance, or assumptions or forecasts related thereto) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “poised,” “positioned,” “potential,” “seem,” “seek,” “future,” “outlook,” “target,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, (1) the completion of the internal review; (2) the timing of the filing of the Form 10-Q and subsequent periodic reports; (3) the Company’s submission of a plan to regain compliance and Nasdaq’s acceptance of any such plan; and (4) the continued listing of XTI’s common stock on the Nasdaq Capital Market. These statements are based on various assumptions and estimates, whether or not identified in this press release, and on the current expectations of XTI’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of XTI. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to: changes in domestic and foreign business, market, financial, political and legal conditions; XTI’s potential inability to complete the internal review in a timely manner, to file the Form 10-Q or subsequent periodic reports, or to satisfy Nasdaq’s continued listing requirements; the risk that XTI’s common stock is suspended from trading or delisted; the risk that the internal review identifies additional matters or results in conclusions that affect XTI’s previously issued financial statements, its disclosure controls and procedures or its internal control over financial reporting; XTI’s expectation, as disclosed in its Notification of Late Filing on Form 12b-25 filed with the SEC on August 17, 2026, that the Form 10-Q will disclose substantial doubt about XTI’s ability to continue as a going concern; XTI’s successful integration of any products (including achievement of synergies and cost reductions); XTI’s ability to successfully and timely develop, sell and expand its services, and otherwise implement its growth strategy; risks relating to XTI’s operations and business, including information technology and cybersecurity risks, loss of requisite licenses, drone safety risks, loss of key customers and deterioration in relationships between XTI and its employees; risks related to increased competition; risks relating to potential disruption of current plans, operations and infrastructure of XTI, including as a result of the consummation of any acquisition; risks that XTI is unable to secure or protect its intellectual property; risks that XTI experiences difficulties managing its growth and expanding operations; XTI’s ability to compete with existing or new companies that could cause downward pressure on prices, fewer customer orders, reduced margins, the inability to take advantage of new business opportunities, and the loss of market share; the ability to successfully select, execute or integrate future acquisitions into XTI’s business, which could result in material adverse effects to operations and financial conditions; and those factors discussed in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” included in XTI’s Annual Report on Form 10-K filed with the SEC on April 15, 2026 for the fiscal year ended December 31, 2025 and in subsequent filings made by XTI with the SEC from time to time. If any of these risks materialize or XTI management’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The risks and uncertainties above are not exhaustive, and there may be additional risks that XTI presently does not know or that XTI currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect XTI’s expectations, plans or forecasts of future events and views as of the date of this press release. XTI anticipates that subsequent events and developments will cause XTI’s assessments to change. However, while XTI may elect to update these forward-looking statements at some point in the future, XTI specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing XTI’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements contained in this press release.

Contacts:

General inquiries:

Email: contact@xtiaerospace.com

Web: https://xtiaerospace.com/contact

Investor Relations:

IR@xtiaerospace.com

DALLAS, Oct. 13, 2026 /PRNewswire/ — XTI Aerospace, Inc. (Nasdaq: XTIA) (“XTI Aerospace,” “XTI” or the “Company”), an aerospace and advanced technology platform and parent company of Drone Nerds, LLC (“Drone Nerds”), a leading drone solutions platform serving commercial, enterprise and government customers, today announced that its internal review, initiated in July 2026, has been completed and the Company is on track to file its Form 10-Q by October 26, 2026.

“With the internal review complete, I am happy to report that there were no financial misstatements discovered and we are on track to report our second quarter results later this month,” said Jeremy Schneiderman, Interim CEO. “With this assessment behind us, we believe we are better positioned to ensure that our corporate governance procedures meet the highest standards of compliance and transparency moving forward. We appreciate the patience and support of our employees, partners, customers, and shareholders during this process as we build a best-in-class governance structure.”

The internal review was overseen by a special committee of independent directors of the Company’s Board of Directors (the “Special Committee”), with the assistance of independent outside counsel. The Special Committee has reported to the Board of Directors on the completion of the review.

Consistent with its ongoing commitment to strong corporate governance, the Company intends to implement, under the oversight of the Board of Directors, certain enhancements to its governance framework, policies and procedures. The Board will continue to evaluate the Company’s governance practices and may adopt additional measures as it deems appropriate.

Preliminary Second Quarter Results

The Company anticipates reporting second quarter revenue of approximately $32.4 million, gross profit of approximately $5.6 million and loss from operations of approximately $9.1 million.

The preliminary financial information in this press release is unaudited, reflects management’s current estimates based on information available as of the date of this press release, and remains subject to the completion of the Company’s financial closing procedures and the review of the Company’s independent registered public accounting firm. The Company’s actual results for the second quarter may differ from these preliminary estimates.

Update on 2026 Guidance

The Company is withdrawing its previously issued 2026 financial guidance at this time and expects to provide a comprehensive update at a later date.

About XTI Aerospace, Inc.

XTI Aerospace, Inc. (“XTI”) (Nasdaq: XTIA), headquartered in Dallas, Texas, is focused on building a leading platform for commercial and government drone adoption in the growing unmanned aircraft systems (“UAS”) industry. Through its subsidiary, Drone Nerds, LLC, XTI supports enterprise and government customers in sectors including public safety, agriculture, construction, and energy across the drone program lifecycle, from hardware sourcing and deployment to training, service, repair, and the Always Flying program. Its established U.S. customer base and reputation as a trusted solutions provider position the company as a go-to-market partner for drone manufacturers and software developers seeking to scale in the domestic market.

For more information about XTI, please visit xtiaerospace.com and follow XTI on LinkedIn, Instagram, X, and YouTube.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements included in this press release that are not historical facts (including any statements concerning plans and objectives of management for future operations or economic performance, or assumptions or forecasts related thereto) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “poised,” “positioned,” “potential,” “seem,” “seek,” “future,” “outlook,” “target,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, (1) the timing and content of the Company’s updated 2026 guidance; (2) the timing of the filing of the Form 10-Q and subsequent periodic reports; (3) the Company’s submission of a plan to regain compliance and Nasdaq’s acceptance of any such plan; (4) the continued listing of XTI’s common stock on the Nasdaq Capital Market; (5) the Company’s planned governance, policy and procedural enhancements and the timing and anticipated benefits thereof; and (6) the Company’s preliminary, unaudited financial results for the second quarter. These statements are based on various assumptions and estimates, whether or not identified in this press release, and on the current expectations of XTI’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of XTI. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to: changes in domestic and foreign business, market, financial, political and legal conditions; XTI’s potential inability to file the Form 10-Q or subsequent periodic reports, or to satisfy Nasdaq’s continued listing requirements; the risk that XTI’s common stock is suspended from trading or delisted; the risk that additional information comes to XTI’s attention that affects its previously issued financial statements, its disclosure controls and procedures or its internal control over financial reporting; the risk that XTI’s preliminary financial results change upon completion of its financial closing procedures and the review of its independent registered public accounting firm; the risk that XTI’s planned governance, policy and procedural enhancements are not implemented in a timely manner or do not achieve their intended benefits; XTI’s expectation, as disclosed in its Notification of Late Filing on Form 12b-25 filed with the SEC on August 17, 2026, that the Form 10-Q will disclose substantial doubt about XTI’s ability to continue as a going concern; XTI’s successful integration of any products (including achievement of synergies and cost reductions); XTI’s ability to successfully and timely develop, sell and expand its services, and otherwise implement its growth strategy; risks relating to XTI’s operations and business, including information technology and cybersecurity risks, loss of requisite licenses, drone safety risks, loss of key customers and deterioration in relationships between XTI and its employees; risks related to increased competition; risks relating to potential disruption of current plans, operations and infrastructure of XTI, including as a result of the consummation of any acquisition; risks that XTI is unable to secure or protect its intellectual property; risks that XTI experiences difficulties managing its growth and expanding operations; XTI’s ability to compete with existing or new companies that could cause downward pressure on prices, fewer customer orders, reduced margins, the inability to take advantage of new business opportunities, and the loss of market share; the ability to successfully select, execute or integrate future acquisitions into XTI’s business, which could result in material adverse effects to operations and financial conditions; and those factors discussed in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” included in XTI’s Annual Report on Form 10-K filed with the SEC on April 15, 2026 for the fiscal year ended December 31, 2025 and in subsequent filings made by XTI with the SEC from time to time. If any of these risks materialize or XTI management’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The risks and uncertainties above are not exhaustive, and there may be additional risks that XTI presently does not know or that XTI currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect XTI’s expectations, plans or forecasts of future events and views as of the date of this press release. XTI anticipates that subsequent events and developments will cause XTI’s assessments to change. However, while XTI may elect to update these forward-looking statements at some point in the future, XTI specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing XTI’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements contained in this press release.

Contacts:

General inquiries:

Email: contact@xtiaerospace.com

Web: https://xtiaerospace.com/contact

Investor Relations:

IR@xtiaerospace.com

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SOURCE XTI Aerospace, Inc.

Released October 13, 2026

DALLAS, Oct. 14, 2026 /PRNewswire/ — XTI Aerospace, Inc. (Nasdaq: XTIA) (“XTI Aerospace,” “XTI” or the “Company”), an aerospace and advanced technology platform and parent company of Drone Nerds, LLC, (“Drone Nerds”), a leading drone solutions platform serving commercial, enterprise and government customers, today announced the appointment of Dr. Allan Evans as a director and Chairman of its Board of Directors. His addition returns the Board to five members. In connection with Dr. Evans’ appointment as Chairman, the Board designated Mr. Ornstein as Vice Chairman of the Board.

“We are very pleased to welcome Allan to XTI’s Board,” said Jonathan Ornstein, XTI Aerospace’s Vice Chairman. “Allan brings deep engineering expertise, proven business development and corporate strategy experience, as well as a firsthand understanding of the domestic supply chain for the growing U.S. drone industry. We look forward to leveraging his experience at Unusual Machines as we seek to help advance the next generation of unmanned operations across complex environments.”

Dr. Evans, age 43, currently serves as Chief Executive Officer and a director of Unusual Machines, Inc. (NYSE American: UMAC), positions he has held since December 2023. From 2021 to 2023 he was Chief Operating Officer of Red Cat Holdings, Inc., a drone technology company and previously served as Chief Executive Officer of Fat Shark from 2017 until its acquisition by Red Cat in 2020. Dr. Evans received his PhD in Electrical Engineering from the University of Michigan.

Jeremy Schneiderman, Interim CEO, added, “XTI Aerospace and Drone Nerds are well‑positioned to expand our leadership in the U.S. enterprise drone market, and Allan’s industry expertise, relationships, and strategic insight will be invaluable as we capitalize on that opportunity.”

“I am excited to work with Jeremy, XTI’s board, and the entire executive team as we focus on leveraging the Company’s leadership position in the U.S. drone market during this critical transition away from foreign manufacturers,” said Dr. Evans. “We have a unique opportunity to dramatically grow the business and drive meaningful outcomes for our partners and shareholders.”

About XTI Aerospace, Inc.

XTI Aerospace, Inc. (“XTI”) (Nasdaq: XTIA) is focused on building a leading platform for commercial and government drone adoption in the growing unmanned aircraft systems (“UAS”) industry. Through its subsidiary, Drone Nerds, LLC, XTI supports enterprise and government customers in sectors including public safety, agriculture, construction, and energy across the drone program lifecycle, from hardware sourcing and deployment to training, service, repair, and the proprietary Always Flying™ program. Its established U.S. customer base and reputation as a trusted solutions provider position the company as a go-to-market partner for drone manufacturers and software developers seeking to scale in the domestic market.

For more information about XTI, please visit xtiaerospace.com and follow XTI on LinkedIn, Instagram, X, and YouTube.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements included in this press release that are not historical facts (including any statements concerning plans and objectives of management for future operations or economic performance, or assumptions or forecasts related thereto) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “poised,” “positioned,” “potential,” “seem,” “seek,” “future,” “outlook,” “target,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking.

Forward-looking statements in this press release include, without limitation, statements regarding Dr. Evans’ expected contributions, the Company’s market position and growth opportunities, and trends in customer demand for domestically manufactured and NDAA-compliant drones. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including Drone Nerds’ reliance on DJI and other foreign suppliers, U.S. regulatory restrictions affecting foreign-manufactured drones and components, and the Company’s ability to execute its strategy. For additional risks, see “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and its subsequent filings with the Securities and Exchange Commission. The risks and uncertainties above are not exhaustive, and there may be additional risks that XTI presently does not know or that XTI currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect XTI’s expectations, plans or forecasts of future events and views as of the date of this press release. XTI anticipates that subsequent events and developments will cause XTI’s assessments to change. However, while XTI may elect to update these forward-looking statements at some point in the future, XTI specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing XTI’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements contained in this press release.

Contacts:

General inquiries:

Email: contact@xtiaerospace.com

Web: https://xtiaerospace.com/contact

Investor Relations:

IR@xtiaerospace.com

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SOURCE XTI Aerospace, Inc.

Released October 14, 2026

Evolver DFR Debuts a Complete Drone as First Responder Program for Public Safety Agencies

The solution, powered by Drone Nerds, combines Parrot ANAFI UKR aircraft, DBOX autonomous docking station, and SkyfireAI software, with implementation support and training.

Fort Lauderdale, FL, October 22, 2026 – Evolver DFR, powered by Drone Nerds, a division of XTI Aerospace, Inc. (NASDAQ: XTIA), today launched its Drone as First Responder (DFR) program, which gives police, fire, and emergency agencies everything they need to confidently send a drone to an emergency call. The solution debuts this week at the International Association of Chiefs of Police (IACP) Annual Conference and Exposition in Orlando.

Evolver DFR integrates the Parrot ANAFI UKR GOV aircraft, the DBOX PRT autonomous docking station, and SkyfireAI’s FlyAura public safety software into one purpose-built emergency response system. Within minutes of a call, the Evolver DFR solution puts real-time aerial video and data in front of dispatchers and commanders, improving situational awareness, protecting responders, and helping departments send resources where they are needed most.

“Launching a DFR program involves more than purchasing a drone. Agencies need the aircraft, software, infrastructure, training, and ongoing support to make the system part of their daily operations,” said Jeremy Schneiderman, Interim CEO of XTI Aerospace and CEO of Drone Nerds. “Evolver DFR brings those pieces together through a single solution.”

Parrot ANAFI UKR GOV, Blue UAS approved, carries wide and telephoto cameras with 35x zoom and a 640 thermal sensor, uses AES-256 encryption on its radio links, and is FIPS 140-2 compliant. It launches from and returns to the DBOX, a climate-controlled docking station, built specifically for the aircraft, that recharges it between flights and operates in heat, cold, and rain. FlyAura software lets authorized users fly missions, stream live video, and share a common operating picture from a web browser, with TAK integration and a searchable record of every flight.

“The ANAFI UKR GOV was designed to deliver mission-critical aerial intelligence in demanding operational environments. Through our collaboration with DBOX, SkyfireAI and Drone Nerds, agencies can now deploy a fully integrated DFR solution that combines secure autonomous operations, thermal imaging, and long-range visual capabilities in a streamlined platform built specifically for public safety,” said Chris Roberts, Senior Vice President & Chief Revenue Officer of Parrot.

“We know a dock is only valuable if it is ready every time a call comes in,” said Dr. Linas Gelazanskas, CEO at DBOX. “We engineered the DBOX PRT around the ANAFI UKR so the two work as one system in any weather. Together, we called it Evolver DFR.”

Evolver DFR goes well beyond buying equipment. The solution team guides each agency from the first needs assessment through coverage planning, site selection, installation, system integration, and training. It also supports agencies through FAA approval processes, including Beyond Visual Line of Sight (BVLOS) authorizations, so new programs are ready to operate safely and in compliance.

Built around proven public safety workflows, Evolver DFR gives departments automated dispatch, remote operations, live video streaming, advanced imaging, and real-time information sharing. Incident commanders can assess threats earlier, coordinate personnel more effectively, avoid unnecessary deployments, and make better-informed decisions before responders arrive on scene.

Every program includes Always FlyingTM by Drone Nerds, which provides expedited replacement aircraft when equipment is damaged, along with dedicated technical support, maintenance resources, and operational help. Always Flying minimizes downtime so departments can count on aerial response when their communities need it most.

Unlike traditional DFR offerings built around ongoing subscriptions, Evolver DFR lets agencies buy a complete, multi-year program covering multiple locations on a single purchase order. With no recurring subscription fees for the contracted solution, departments gain predictable budgets, simpler procurement, and the flexibility to expand coverage while keeping long-term costs under control.

“The future of Drone as First Responder isn’t just about getting an aircraft in the air. It’s about what happens before, during, and after every mission,” said Don Mathis, CEO of SkyfireAI. “With FlyAura, we’re bringing AI-assisted mission planning, remote flight operations, and real-time intelligence together in one platform. Combined with SkyfireAI’s operational expertise, Evolver DFR gives agencies the flexibility to manage their own programs or rely on our team to operate them. That’s how we move DFR beyond individual deployments and make it a scalable, everyday public safety capability.”

Evolver DFR will be on display at IACP 2026 in Orlando from October 24-26 at Booth 2761, where representatives from SkyfireAI and Drone Nerds will be in attendance. Agencies can schedule a demonstration at www.evolverdfr.com.

###

About Evolver DFR

Evolver DFR delivers complete Drone as First Responder programs to police, fire and emergency management agencies, combining proven aircraft, autonomous docking station, and public safety software with planning, installation, training, and ongoing support. Evolver DFR is a brand of XTI Aerospace, Inc. (“XTI”) (Nasdaq: XTIA). For more information, visit: www.evolverdfr.com.

About Drone Nerds

Drone Nerds, LLC, a subsidiary of XTI Aerospace, Inc. (Nasdaq: XTIA), provides comprehensive drone solutions for enterprise, private, and recreational needs. Founded in 2014, Drone Nerds helps customers deploy the right UAS solutions for their unique operational requirements. Through its proprietary Always Flying™ program, Drone Nerds delivers enhanced reliability and assurance for enterprise implementations across industry verticals, including public safety, government, agriculture, construction, insurance, energy, inspection, and more. For more information, visit: enterprise.dronenerds.com.

About Parrot

Parrot is Europe’s leading group in the field of professional micro-UAVs and 3D mapping and modeling solutions. The Group designs, develops and markets a complementary range of high-performance micro-UAVs and photogrammetry software, serving both operational and analytical needs of security forces, industrial and commercial operators as well as public authorities worldwide. Parrot integrates artificial intelligence at the core of its microdrone systems, enabling advanced capabilities in autonomous flight, detection, tracking and analysis in complex environments. Founded in 1994 by Henri Seydoux, Chairman, CEO and main shareholder, Parrot is headquartered in Paris and develops its products in Europe. It manufactures in the United States and South Korea. Parrot is listed on Euronext Paris (FR0004038263 – PARRO). For more information, visit: www.parrot.com.

About DBOX

DBOX designs and manufactures autonomous drone docking stations that let unmanned aircraft launch, land, recharge, and operate around the clock without an operator on site. Headquartered in Vilnius, Lithuania, DBOX has more than five years of operational deployments across public safety, critical infrastructure, smart city, and border monitoring applications in Europe and North America. The DBOX PRT is an all-weather, climate-controlled docking station engineered for the Parrot ANAFI UKR, delivering an NDAA-compliant drone-in-a-box solution for government and emergency response agencies. DBOX is a registered NATO supplier (NCAGE) and operates under UAB IT logika. For more information, visit: https://dbox.lt.

About SkyfireAI

SkyfireAI is a U.S.-based AI company building a dual-use, AI-native platform for autonomous multi-ship drone operations and robotic systems. Its tools help public safety, defense, andcritical-infrastructure organizations plan, manage, and execute complex missions with greatersituational awareness and operational efficiency. SkyfireAI is headquartered in Huntsville,

Alabama. For more information, visit: https://www.skyfireai.com/

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 of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release are forward-looking statements.

Forward-looking statements may be identified by words such as “believe,” “continue,” “could,” “would,” “will,” “expect,” “intend,” “plan,” “target,” “estimate,” “project,” or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied.

FORT LAUDERDALE, Fla., Oct. 22, 2026 /PRNewswire/ — XTI Aerospace, Inc. (Nasdaq: XTIA) (“XTI Aerospace,” “XTI,” or the “Company”), an aerospace and advanced technology platform and parent company of Drone Nerds, LLC, (“Drone Nerds”), a leading drone solutions platform serving commercial, enterprise and government customers, today announced preliminary revenue for the third quarter ended September 30, 2026 of $35.3 million, which is in line with the 2026 revenue outlook of $125 million to $130 million provided in the Company’s release of second quarter results issued earlier this week.

Preliminary third quarter revenue is unaudited, is based on currently available information, and is subject to completion of the Company’s quarter-end financial closing procedures and review by its independent registered public accounting firm. Actual results may differ materially from these preliminary results.

“The third quarter saw an approximately 9% sequential increase from the second quarter of 2026 led by continued demand for enterprise drone solutions and expanded product offerings across public safety, government, energy, infrastructure, agriculture and commercial markets,” said Jeremy Schneiderman, XTI Aerospace’s Interim Chief Executive Officer. “This revenue growth, together with the reductions in corporate overhead and lower cash burn we achieved in the third quarter, reflects progress on our plan, while we continue to work to address our near-term liquidity needs, including the restructuring of our acquisition-related notes.”

About XTI Aerospace, Inc.

XTI Aerospace, Inc. (“XTI”) (Nasdaq: XTIA) is focused on building a leading platform for commercial and government drone adoption in the growing unmanned aircraft systems (“UAS”) industry. Through its subsidiary, Drone Nerds, LLC, XTI supports enterprise and government customers in sectors including public safety, agriculture, construction, and energy across the drone program lifecycle, from hardware sourcing and deployment to training, service, repair, and the proprietary Always Flying™ program. Its established U.S. customer base and reputation as a trusted solutions provider position the company as a go-to-market partner for drone manufacturers and software developers seeking to scale in the domestic market.

For more information about XTI, please visit xtiaerospace.com and follow XTI 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 of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release are forward-looking statements.

Forward-looking statements may be identified by words such as “believe,” “continue,” “could,” “would,” “will,” “expect,” “intend,” “plan,” “target,” “estimate,” “project,” or similar expressions. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, the Company’s ability to obtain a waiver of the existing cross-defaults under its asset-based credit facility and to restructure or repay its acquisition-related promissory notes before the limited waiver period expires, which may occur on ten days’ notice from the noteholders and in any event no later than December 31, 2026, the risk that its lender declines to make further advances or accelerates outstanding borrowings, substantial doubt about the Company’s ability to continue as a going concern, the Company’s ability to maintain the listing of its common stock on Nasdaq, the impact of Section 232 tariffs and other trade measures; pending regulatory inquiries and proceedings relating to the Company and its subsidiaries; potential conflicts of interest arising from its Interim Chief Executive Officer’s economic interest in the holders of its acquisition-related notes, market adoption, regulatory requirements, supply chain conditions, technological development, integration of the acquired businesses, the Company’s liquidity and ability to access additional capital on acceptable terms or at all, the Company’s negative stockholders’ equity and the sufficiency of its capital resources, and changes in applicable laws or regulations, customer demand variability and seasonal purchasing patterns, the Company’s ability to achieve projected gross margins and operating cost reductions, working capital timing and inventory management, the outcome of pending legal proceedings involving the Company and its subsidiaries, the Company’s ability to maintain relationships with key suppliers, restrictions and covenants under the Company’s ABL credit facility, risks related to the wind-down of the Company’s ADS division and the development of its ATM division, which has not generated revenues, and the potential for significant non-cash charges related to changes in the fair value of warrant liabilities as well as the other risks and uncertainties described in the Company’s filings with the SEC. The Company’s financial outlook and other projections in this press release are based on management’s current expectations and assumptions and are particularly subject to these risks. XTI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law. Readers are encouraged to review the risk factors described in XTI’s filings with the SEC, including its most recent Annual Report on Form 10-K and subsequent filings.

Contacts:

General inquiries:

Email: contact@xtiaerospace.com

Web: https://xtiaerospace.com/contact

Investor Relations:

IR@xtiaerospace.com

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SOURCE XTI Aerospace, Inc.

Released October 22, 2026

Winners to represent the South region at the National Youth Entrepreneurship Showcase this fall

New York, NY (June 4, 2026) – The Network for Teaching Entrepreneurship (NFTE) today announced the top student ventures from its South Youth Entrepreneurship Showcase, with two outstanding young entrepreneurs advancing to the U.S. National Youth Entrepreneurship Showcase in New York City this fall. Selected from a competitive field of student businesses, these winners demonstrated innovation, strong financial acumen, and compelling pitches.

The students advancing to the national competition are:

- Gizelle Terrones from Career Institute North in Dallas with her business idea Gigi’s Homers, which provides data-driven, expert training and specialized pitching machines, empowering competitive softball athletes to reach new heights.

- Carlos Anez, also from Career Institute North, with his business idea Powerful AI Hydration Bottle, a smart water bottle that can transform your daily hydration through AI.

These students will join top youth entrepreneurs from across the country at the U.S. National Youth Entrepreneurship Showcase on Nov. 18, 2026, at the Marriott Marquis in New York City, with the opportunity to advance to the World Finals on Nov. 19 at 787 Seventh Avenue in New York City.

“The South Showcase highlighted the creativity, resilience, and business insight that define NFTE students,” said Jennifer Lunt, Program Director in NFTE’s South region. “These young entrepreneurs are not only developing strong business ideas—they are building the confidence and skills to shape their own futures. We are excited to see them represent the South region on the national stage.”

In addition, NFTE South recognized several outstanding contributors who help make this work possible, including South Individual Volunteer of the Year Lincoln Cohoon of Ernst & Young LLP (EY US), South Corporate Volunteer of the Year Santander Bank, and South Teacher of the Year Brandon Brown. These honorees exemplify the commitment and collaboration that power NFTE’s mission and expand opportunities for young people across the region.

Competitors pitched their original business concepts to a panel of esteemed judges, including Brian Enzler, North Texas Region President at Fifth Third Bank; Andrew Torres, Bank Call Center Manager at EverBank; Eric Loller, SVP, CRA Exam Manager at First Horizon; and 

Arsh Kaur, Branch Manager at Prosperity Bank. 

The NFTE South Showcase was hosted by Comerica Bank and presented by EY US, PayPal, the G-Unity Foundation, Santander, and Zuora, whose support helps expand access to high-quality entrepreneurship education and experiences for young people.

For media inquiries, contact Denise Berkhalter Miller, National Director of Communications, at mediainquiries@nfte.com or (917) 281-4362.

About NFTE

Network for Teaching Entrepreneurship (NFTE) brings the power of entrepreneurship education to learners, educators, and decision-makers so all young people can own their futures. A global nonprofit founded in 1987, NFTE leads the global movement for equitable access to entrepreneurship education. NFTE has educated nearly 2 million learners, delivering our programs in school, out of school, in-person, online, or through hybrid models. Visit nfte.com to learn more.

Winners from St. Louis, Chicago, and satellite showcases will represent the Midwest region at the National Youth Entrepreneurship Showcase in November

New York, NY (June 5, 2026) – The Network for Teaching Entrepreneurship (NFTE) is proud to announce the students advancing from its 2026 Midwest Youth Entrepreneurship Showcases to the National Youth Entrepreneurship Showcase this November in New York City. After pitching innovative business ideas before panels of judges, community leaders, and business professionals in St. Louis, Chicago, and satellite competitions across the Midwest region, these young entrepreneurs earned top honors for ventures tackling real-world challenges with creativity, purpose, and entrepreneurial spirit.

The students advancing to the national competition are:

- Malik Oladokun from Thornwood High School in South Holland, Illinois, with Helply, an AI-powered platform connecting young people with community service opportunities.

- Jayla Moore from STEAM Academy of McCluer South-Berkeley High School in Ferguson, Missouri, with Mindset, a storytelling platform helping youth build resilience through fictional and relatable stories, reflection, and anonymous engagement.

- Lydia Hughes from Horizon Science Academy in Columbus, Ohio, with Quiet Time, noise muffling headphones designed for physical and emotional comfort.

- Sa’Maria Strong from International Academy of Flint in Flint, Michigan, with SideQuest, an app that matches students seeking income with employers offering short, paid tasks.

These students will join top youth entrepreneurs from across the country at the U.S. National Youth Entrepreneurship Showcase in New York City on Nov. 18, 2026, at the Marriott Marquis in New York City, with the opportunity to advance to the World Finals on Nov. 19. at 787 Seventh Avenue in New York City.

“The Midwest Youth Entrepreneurship Showcases reflect the creativity, determination, and business insight that NFTE students bring to every pitch,” said Dr. Scott I. Nasatir, NFTE’s Midwest Executive Director. “From St. Louis to Chicago and across our satellite locations, these young people are developing the entrepreneurial mindset and real-world skills to lead in their communities and beyond. We are excited to see them represent the region on the national stage this fall.”

The Chicago showcase, hosted by PayPal, served as an opportunity to honor NFTE’s and PayPal’s more than 10-year collaboration in expanding access to entrepreneurship education and opportunities for young people across the region. The events also highlighted the broader community of educators and supporters who help bring this mission to life. NFTE recognized Teachers of the Year Dr. Tom Lee of Holy Trinity High School in Chicago and Albie Mitchell of SSD South Technical High School in St. Louis, Individual Volunteer of the Year Stefon Towler, and Corporate Volunteer of the Year Charles Schwab.

The Midwest Youth Entrepreneurship Showcases were presented by Ernst & Young LLP (EY US), PayPal, the G-Unity Foundation, Santander, and Zuora, with associate support from Britebound and Slalom. Their support helps expand access to high-quality entrepreneurship education and experiences for young people.

For media inquiries, contact Denise Berkhalter Miller, National Director of Communications, at mediainquiries@nfte.com or (917) 281-4362.

About NFTE

Network for Teaching Entrepreneurship (NFTE) brings the power of entrepreneurship education to learners, educators, and decision-makers so all young people can own their futures. A global nonprofit founded in 1987, NFTE leads the global movement for equitable access to entrepreneurship education. NFTE has educated nearly 2 million learners, delivering its programs in school, out of school, in-person, online, or through hybrid models.

Winners from Los Angeles and Bay Area showcases to represent the West region at NFTE’s national competition in November

New York, NY (June 18, 2026) – The Network for Teaching Entrepreneurship (NFTE) today announced the student innovators advancing from its 2026 West Youth Entrepreneurship Showcases to the National Youth Entrepreneurship Showcase this fall in New York City. Chosen from showcase events in Los Angeles and the Bay Area, these young entrepreneurs earned top honors for ventures that combine inventive thinking with practical solutions to real-world challenges — reflecting the creativity, determination and entrepreneurial promise emerging across the West.

The students advancing to the national competition are:

- Elian Gutierrez from Florence Nightingale Middle School in Los Angeles, with Little Miss, an innovative period product pouch.

- Saumit Pathak from Silver Creek High School in San Jose, California, with LeftoSense, an AI-powered app that scans and analyzes food to determine if it is safe to eat.

These students will join top youth entrepreneurs from across the country at the U.S. National Youth Entrepreneurship Showcase on Nov. 18, 2026, at the Marriott Marquis in New York City, with the opportunity to advance to the World Finals on Nov. 19 at 787 Seventh Avenue in New York City.

“Across the West, students are drawing on lived experience, community insight and bold imagination to create businesses with real potential,” said Emma Hunt, NFTE West Program Director. “These showcases spotlight not only the strength of their ideas, but also the confidence, adaptability and leadership they are building along the way. We are proud to celebrate this year’s finalists and excited to see them bring the West region’s creativity and momentum to New York this fall.”

The West Youth Entrepreneurship Showcases also highlighted the educators, volunteers and partners who help make this work possible. NFTE West recognized EverBank as Corporate Volunteer of the Year, Tori Pappas as Individual Volunteer of the Year, Lester Vasquez and Jalina Chatzipantsios from Florence Nightingale Middle School as Los Angeles Teachers of the Year, and Imani Butler from Silver Creek High School as Bay Area Teacher of the Year.

The West Youth Entrepreneurship Showcases were presented by Ernst & Young LLP (EY US), the G-Unity Foundation, PayPal, Santander, U.S. Bank and Zuora, with signature sponsorship from Ancestry and additional support from Britebound, BMO and EverBank. Their support helps expand access to high-quality entrepreneurship education and hands-on learning experiences for young people across the region.

NFTE extends special thanks to Ancestry for launching the “Ancestry Legacy Builders Scholarship,” which will provide the next generation of business leaders in the NFTE West program with hands-on training and mentorship.

For media inquiries, contact Denise Berkhalter Miller, National Director of Communications, at mediainquiries@nfte.com or (917) 281-4362.

About NFTE

Network for Teaching Entrepreneurship (NFTE) brings the power of entrepreneurship education to learners, educators, and decision-makers so all young people can own their futures. A global nonprofit founded in 1987, NFTE leads the global movement for equitable access to entrepreneurship education. NFTE has educated nearly 2 million learners, delivering its programs in school, out of school, in-person, online, or through hybrid models.

Winners will represent the Mid-Atlantic region at NFTE’s national competition in New York City this fall

New York, NY (June 19, 2026) – Two student entrepreneurs from NFTE’s New York Metro Youth Entrepreneurship Showcase will advance to the U.S. National Youth Entrepreneurship Showcase this fall after emerging from a competitive field of young innovators pitching ventures designed to solve real-world problems. Their selection earned them a spot among NFTE’s top student entrepreneurs from across the country.

The students advancing to the national competition are:

- Brandon Garcia from Atmosphere Academy in the Bronx, New York, with his business idea ProspectPath, a recruiting platform that gives overlooked athletes in underprivileged areas the tools, structure, and the exposure needed to compete for college scholarships.

- Abiha Haider from the Jewish Renaissance Foundation in Perth Amboy, New Jersey, with her business idea Noor Makers, which provides creative hands-on workshops to connect young people to their Muslim faith.

The students will compete in the U.S. National Youth Entrepreneurship Showcase semifinals on Nov. 18, 2026, at the Marriott Marquis in New York City. The top U.S. team will advance to the World Showcase finals on Nov. 19, 2026, at 787 Seventh Avenue in New York City, where students from more than 20 countries will compete for the NFTE Showcase Champion title.

“What stood out at this year’s New York Metro Showcase was the clarity of purpose behind these student ventures,” said Robert Piercey, regional director for NFTE Mid-Atlantic. “Our young people are identifying needs in their communities, turning ideas into viable business concepts and learning how to communicate those ideas with confidence. We’re excited to see these students continue that momentum in New York this fall.”

Competitors pitched their original business concepts to a panel of esteemed judges, including Vincent Perez, Founder and Managing Partner of Long View Partners; Baba “Toby“ Turney, VP, Sr. Associate of Community Partnerships & Philanthropy at Santander; Rania Gaston, NFTE alumna, rising senior at Boston University, and benefits consultant intern at Aflac; and John Vala, Partner at Ernst & Young LLP (EY US).

In addition, the Mid-Atlantic region recognized outstanding contributors who help make this work possible, including Corporate Volunteer of the Year UBS and Individual Volunteer of the Year Joel Barnett. These honorees exemplify the commitment and collaboration that power NFTE’s mission and expand opportunities for young people across the region.

The NFTE New York Metro Youth Entrepreneurship Showcase was hosted by UBS and presented by EY US, the G-Unity Foundation, PayPal, Santander, and Zuora, with additional support from Britebound.

For media inquiries, contact Denise Berkhalter Miller, National Director of Communications, at mediainquiries@nfte.com or (917) 281-4362.

About NFTE

Network for Teaching Entrepreneurship (NFTE) brings the power of entrepreneurship education to learners, educators, and decision-makers so all young people can own their futures. A global nonprofit founded in 1987, NFTE leads the global movement for equitable access to entrepreneurship education. NFTE has educated nearly 2 million learners, delivering its programs in school, out of school, in-person, online, or through hybrid models.

Capital Youth Entrepreneurship Showcase competitors to represent region at National Youth Entrepreneurship Showcase this fall in New York City

New York, NY (June 29, 2026) – The Network for Teaching Entrepreneurship (NFTE) today announced the top student ventures from its Capital Youth Entrepreneurship Showcase, with two outstanding young entrepreneurs earning spots at the U.S. National Youth Entrepreneurship Showcase in New York City this fall. Chosen from a competitive field of student businesses, these winners showcased innovation, sound financial thinking, and compelling pitches that captured the attention of a distinguished panel of judges.

The students advancing to the national competition are:

- Celia Salsbury and Giabella Catello from Frances Scott Key Elementary-Middle School in Baltimore, with Perfectly Padded, which provides custom strap cushions designed to make carrying heavy bags more comfortable without sacrificing style.

- Bria White from Oxon Hill High School in Prince George’s County, Maryland, with Social Charge, a wearable LED pin that displays a user’s social battery level, helping reduce the risk of social burnout.

These students will join top youth entrepreneurs from across the country at the U.S. National Youth Entrepreneurship Showcase on Nov. 18, 2026, at the Marriott Marquis in New York City, with the opportunity to advance to the World Finals on Nov. 19 at 787 Seventh Avenue in New York City.

“The Capital Showcase is a testament to what becomes possible when young people are given the tools, support, and space to think like entrepreneurs,” said Meg Stewart, Executive Director of the NFTE Capital Region. “These students demonstrated the kind of vision and determination that will serve them for a lifetime. We can’t wait to see them shine at the national level.”

The NFTE Capital Region also honored outstanding contributors who play a vital role in making this work possible. Ernst & Young LLP (EY US) was recognized as Corporate Volunteer of the Year, NFTE alumnus and founder of Groom Guy Darius Davie was honored as Individual Volunteer of the Year, Jerome Kyler from IDEA Public Charter School was recognized as Rookie Teacher of the Year, and Deneen Moore McDonald was recognized with a Lifetime Achievement Award for her years of service as a veteran NFTE educator.

Competitors pitched their original business concepts to a distinguished panel of judges, including Daniel Kotter, Greater Washington, DC, Office Managing Partner at EY US; Rodger D. Moss, Jr., Partner at Brown Rudnick; Kashif Mahmood, Multi Site Branch Manager at Citizens Bank; Chanté Goodwin, NFTE alumna and President and CEO of Your Way IT Solutions, LLC; and Vincent Perez, Founder and Managing Partner of Long View Partners.

The Capital Youth Entrepreneurship Showcase was hosted by Brown Rudnick LLP and presented by EY US, the G-Unity Foundation, PayPal, Santander, and Zuora. Additional support was provided by Britebound. Their generosity helps expand access to high-quality entrepreneurship education and meaningful competitive experiences for young people across the capital region.

For media inquiries, contact Denise Berkhalter Miller, National Director of Communications, at mediainquiries@nfte.com or (917) 281-4362.

About NFTE

Network for Teaching Entrepreneurship (NFTE) brings the power of entrepreneurship education to learners, educators, and decision-makers so all young people can own their futures. A global nonprofit founded in 1987, NFTE leads the global movement for equitable access to entrepreneurship education. NFTE has educated nearly 2 million learners, delivering its programs in school, out of school, in-person, online, or through hybrid models.