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0.00578947368421041 -0.0116959064327485 -0.00584795321637427 -0.0350877192982456 -0.14 -0.134444444444444 -0.12421052631579 -0.130175438596491
Stock impact report

XTI Aerospace Acquires Drone Nerds and Closes $25 Million Strategic Investment by Unusual Machines [Yahoo! Finance]

XTI Aerospace, Inc. (XTIA) 
Company Research Source: Yahoo! Finance
ENGLEWOOD, Colo. Nov. 12, 2025 /PRNewswire/ -- XTI Aerospace, Inc. ("XTI" or the "Company") [NASDAQ: XTIA], the developer of vertical flight technologies and the TriFan 600 next-generation vertical takeoff and landing (VTOL) aircraft for commercial and defense aerospace applications and the emerging Vertical Economy™, today announced that on November 10, 2025, it acquired Drone Nerds, LLC ("Drone Nerds"), one of the largest distributors and service providers of drones in the United States with more than $100 million in 2024 annual revenue, greater than $55 million in revenue this year through June 30, 2025, and a ten-year record of profitability. XTI Aerospace Logo (PRNewsfoto/XTI Aerospace, Inc.) Immediately following the acquisition, XTI closed a $25 million private placement investment by Unusual Machines, Inc. ("Unusual Machines" or "UMAC") [NYSE American: UMAC], a strategic investor that manufactures and sells drone components and drones across a diversified brand portfolio. Show less Read more
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