M&A
confidence high
sentiment neutral
materiality 0.75
XTI Aerospace completes Inpixon sale; pro forma shows combined Drone Nerds revenue $79.8M in 9M 2025
XTI Aerospace, Inc.
- Pro forma net loss attributable to common stockholders of $31.7M for 9M 2025 and $34.3M for FY 2024.
- Combined revenue of $79.8M (9M 2025) and $111.2M (FY 2024) entirely from Drone Nerds acquisition.
- Acquisition of Drone Nerds valued at $40M: $20M cash, $10.3M notes, $9.7M Class B Units.
- Inpixon Business disposed on Feb 3, 2026; its revenue and costs removed from pro forma statements.
- Subsequent financing: $25M private placement with Unusual Machines (UMAC) in Series 10 Preferred.