Inpixon
NASDAQ:XTIA

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Inpixon
NASDAQ:XTIA
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Price: 1.43 USD 15.32% Market Closed
Market Cap: 46.9m USD

Inpixon
Investor Relations

Inpixon engages in the provision of indoor positioning and data analytics services. The company is headquartered in Palo Alto, California and currently employs 210 full-time employees. The company went IPO on 2002-05-29. The firm offers various software and hardware products for positioning, mapping, and analytics offerings. Its platform uses sensor technology to detect active cellular, Wi-Fi, Bluetooth, ultra-wide band (UWB) and Chirp Spread Spectrum (chirp) signals emitted from devices within a venue providing positional information similar to what global positioning system (GPS) satellite systems provide for the outdoors. The Company's, CXApp, is operated through SaaS application platform. The firm engages in designing, manufacturing, selling and/or reselling various sensor, tag, anchor, chip or transmitter and transponder technologies and related positioning products, including Inpixon Aware, Inpixon MDM Connector, Inpixon Sensor 4000, Inpixon Pod, Inpixon Sensor Ultra, Inpixon GPS 900, Inpixon GPS Viewer and others. The company also offers on-device blue dot indoor location and motion technology.

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Last Earnings Call
Fiscal Period
Q3 2023
Call Date
Nov 14, 2023
AI Summary
Q3 2023

Strategic Transactions: Inpixon announced two major transactions: a merger with XTI Aircraft (to become XTI Aerospace) and a planned spin-off of its U.K. business to Grafiti Holding, which will merge with Damon Motors.

XTI Aircraft Merger: Inpixon will be renamed XTI Aerospace, focusing on the TriFan 600 vertical lift airplane and continuing to offer its real-time location system products. The XTI merger is expected to close in the current quarter, pending shareholder and NASDAQ approvals.

Damon Motors Spin-Off: The spin-off of Grafiti Holding and its merger with Damon Motors is expected to close in the first quarter of 2024, allowing Inpixon shareholders to own shares in both the new Damon entity and Inpixon.

Strong Pre-Order Backlogs: XTI has over $7 billion in potential preorders for its aircraft, and Damon Motors has over $85 million in reservations for its HyperSport electric motorcycle.

Market Positioning: Damon targets the premium electric motorcycle market, emphasizing advanced safety features and performance, aiming to disrupt the traditional motorcycle industry.

Key Financials
Preorders for XTI TriFan 600
Over $7 billion in potential gross revenues
XTI TriFan 600 Aircraft List Price
$10 million per aircraft
Damon HyperSport Preproduction Reservations
Over $85 million
Damon HyperSport Performance
200 horsepower, 200 miles per hour, 200 miles range
Damon Reservation Average Price
$28,000
Potential Damon Distributor Revenue
$250 million
Damon Patents and Awards
34 patents or patents pending, 14 major awards
Earnings Call Recording
Other Earnings Calls

Management

Mr. Scott A. Pomeroy CPA
CEO & Chairman
No Bio Available
Ms. Brooke Turk
Chief Financial Officer
No Bio Available
Ms. Jennifer Pinckley Gaines
Chief Legal Officer
No Bio Available
Captain Saleem Zaheer
Chief Commercial Officer
No Bio Available
Mr. Don C. Purdy
Senior Vice President of Business & Program Development
No Bio Available
Mr. David Westgate
Executive VP of IT Operations
No Bio Available
Ms. Mara Babin J.D.
Head of Legal
No Bio Available
Mr. Tobin Arthur
Chief Strategy Officer
No Bio Available

Contacts

Address
CALIFORNIA
Palo Alto
2479 E Bayshore Rd Ste 195
Contacts
+14087022167.0
inpixon.com