Blockchain Registration Transaction Record

XTI Aerospace Acquires Drone Nerds in $40M Deal, Secures $25M Investment

XTI Aerospace acquires Drone Nerds in $40M deal with $25M investment from Unusual Machines, accelerating growth in unmanned aircraft systems and vertical flight technology.

This consolidation represents a significant shift in the aerospace and defense technology landscape, combining XTI's innovative vertical flight capabilities with Drone Nerds' extensive distribution network and Unusual Machines' strategic investment. For consumers and businesses, this means accelerated development of domestic drone technology that could lower costs and improve accessibility for commercial applications ranging from delivery services to infrastructure inspection. The timing is crucial given recent White House executive orders prioritizing U.S. drone development, reducing dependence on foreign technology while creating new opportunities in the growing Vertical Economy. This merger could lead to more integrated solutions that bridge the gap between traditional aviation and unmanned systems, potentially transforming how goods and people move in urban environments while strengthening national security through domestic manufacturing capabilities.