Xti aerospace to acquire equity interest in readymonitor ai-powered, autonomous drone company

The future of drones is fully autonomous  englewood, colo. , jan. 13, 2025 /prnewswire/ -- xti aerospace, inc. (nasdaq: xtia) ("xti" or the "company"), a pioneer in advanced vertical takeoff and landing ("vtol"), powered-lift aircraft solutions, today announced that it has signed a non-binding memorandum of understanding ("mou") to acquire a 30% fully-diluted equity interest in readymonitor, llc, a leading ai-powered, autonomous drone-as-a-service ("daas") company, which is expected to close this q1 2025, with the option to acquire the remaining 70% of readymonitor within 12 months (the "transaction").
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