XTI Aerospace shares surge 10.18% intraday amid formation of defense drone subsidiary and 6.52% stake purchase by Anson Funds.
ByAinvest
Tuesday, Mar 17, 2026 10:43 am ET1min read
XTIA--
XTI Aerospace surged 10.18% intraday trading, with the company announcing the formation of XTI Drones - Defense to explore defense drone, UAS, and vertical takeoff and landing (VTOL) technology opportunities, and Anson Funds Management LP acquiring 6.52% of shares. The company focuses on aircraft manufacturing in the light and medium business jet market, expanding into vertical takeoff and landing technology.
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