XTI Aerospace (NASDAQ:XTIA) said its first quarter of 2026 marked the first full reporting period that included the operating performance of Drone Nerds, the unmanned systems platform it acquired in November, as management emphasized cost reduction, margin improvement and a path toward positive cash flow later this year.
Chief Executive Officer Scott Pomeroy said the company has continued a “transformational journey” since the acquisition and is now a revenue-generating unmanned systems platform focused on operational execution. He said XTI has made “meaningful progress” in reducing costs, improving alignment and lowering cash burn.
