XTI Aerospace acquires Drone Nerds for $40 million in cash, notes and equity

Wednesday, Nov 12, 2025 9:12 am ET1min read

XTI Aerospace has acquired Drone Nerds for approximately $40 million, with $20 million in cash, $11.9 million in promissory notes, and $9.7 million in equity consideration. The acquisition expands XTI's offerings in the drone industry and strengthens its position in the market.

XTI Aerospace acquires Drone Nerds for $40 million in cash, notes and equity

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