XTI Aerospace Inc. has secured a $20 million asset-based lending facility from JPMorgan Chase & Co. The revolving credit facility, effective February 11, 2026, will provide XTI subsidiaries, including Drone Nerds, with enhanced liquidity to support growth, working capital needs, and routine dividends. Part of the proceeds will be used to repay $10.5 million in existing indebtedness related to the acquisition of Drone Nerds.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XTI Aerospace Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602170830PR_NEWS_USPR_____SF89321) on February 17, 2026, and is solely responsible for the information contained therein.
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