XTI Aerospace (XTIA) announced a technology collaboration with MagLev Aero. XTI is evaluating powertrain solutions to meet the needs of long-range aviation missions for military and civilian markets with unmanned aircraft vehicles. The goal of the collaboration is to advance solutions that can enhance aircraft speed, range, reliability, noise profile, and vertical lift performance. Under the terms of the memorandum of understanding between XTI Aircraft Company, a subsidiary of XTI, and MagLev, the two companies will jointly evaluate the integration of MagLev’s proprietary MagLev HyperDrive propulsion technology into XTI’s future hybrid-electric aircraft architectures. Additionally, the MOU includes a non-binding pre-order for up to 100 MagLev HyperDrive propulsion systems, contingent upon successful completion of technical and integration milestones, execution of final commercial agreements and successful integration of MagLev’s technology into the Company’s aircraft and/or unmanned drone designs.
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