Xeriant Inc (XERI)

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Innovation in the Advanced Air Mobility Space - Connected World

A new aerospace technology and advanced materials holding company called Xeriant is also moving the needle toward this AAM (advanced air mobility) future. Xeriant recently announced a joint venture with XTI, the developer of a super-fast, long-range commercial VTOL jet called TriFan 600. The hybrid electric TriFan 600 takes off like a helicopter but flies at the altitude and speed of a business jet, and XTI says presales for the aircraft already exceed $1 billion. The joint venture between Xeriant and XTI will accelerate the development of this ground-breaking technology, inching closer to building a full-scale prototype of the aircraft and formulating test and certification plans, the companies say.

https://connectedworld.com/innovation-in-the-advanced-air-mobility-space/