24/7 Market News Snapshot 11 June, 2025 – XTI Aerospace, Inc. Common Stock (NASDAQ:XTIA)

June 11, 2025

DENVER, Colo., 11 June, 2025 (www.247marketnews.com) – (Nasdaq:XTIA) are discussed in this article.
XTI Aerospace, Inc. (Nasdaq:XTIA) is witnessing significant market momentum, opening at $3.18 and currently trading at $3.625, a substantial increase of approximately 18.85% from the previous close. With a trading volume of 2.12 million shares, the stock indicates robust market activity, suggesting strong investor interest. Analysts are monitoring the technical indicators closely, particularly the support level at $3.50, which could signal further gains should the stock maintain its position above this threshold.

In conjunction with its impressive market performance, XTI Aerospace has bolstered its leadership team by appointing Stephen Griessel to its Corporate Advisory Board. Mr. Griessel is a seasoned executive with over 40 years of experience in the aerospace and defense industries, renowned for successfully driving transformation in large-scale enterprises. His prior experience as Group CEO of Paramount Group Ltd. highlights his capability in scaling operations and developing advanced defense technologies.

Scott Pomeroy, CEO and Chairman of XTI, expressed optimism regarding Mr. Griessel’s expertise, emphasizing that his extensive knowledge will be instrumental as the company navigates the growing Vertical Economy. Griessel’s addition to the board enhances XTI’s strategy to meet the rising demand for versatile aviation solutions, positioning the company favorably among high-value mission operators and defense partners.

Griessel himself remarked on the revolutionary potential of the TriFan 600, noting its unique combination of helicopter-like vertical lift with the speed of fixed-wing flight. His collaboration with XTI aims to reinforce the company’s leadership in the evolving landscape of air mobility. Michael Tapp, Chairman of XTI’s Corporate Advisory Board, added that Griessel’s insights from a global perspective will serve to advance the company’s bold initiatives in the mission-critical air mobility sector. As XTI continues to innovate, it stands at the forefront of transforming aerial transportation.

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