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Exhibit 99.1 XTIaerospace XTI Aerospace Reports Second Quarter 2026 Results MIAMI , October 20 , 2026 / PRNewswire / -- XTI Aerospace , Inc. ( Nasdaq : XTIA ) ( “ XTI Aerospace , " " XTI , " or the " Company " ) , an aerospace and advanced technology platform and parent company of Drone Nerds , LLC , ( “ Drone Nerds " ) , a leading drone solutions platform serving commercial , enterprise and government customers , today announced financial results for its second quarter ended June 30 , 2026 , and provided an update on the Company's outlook for 2026 . 2026 Second Quarter Highlights ( Inpixon results excluded and reflected in discontinued operations ) : • Revenue of $ 32.4 million • Gross profit of $ 5.6 million • Gross profit as a percentage of revenue of approximately 17 % " Demand for enterprise drone solutions continues to build across enterprise and government buyers and , as one of the nation's leading enterprise drone providers , we believe we are well positioned to capitalize on that opportunity , " said Jeremy Schneiderman , XTI Aerospace's Interim Chief Executive Officer . “ My focus is on building a disciplined organization , spending carefully , and executing consistently . Importantly , the leadership team , sales organization and technical experts who built this business remain in place and are committed to supporting our customers across public safety , government , energy , infrastructure , agriculture and commercial markets . " " While we are navigating a dynamic regulatory environment , including Section 232 tariffs that took effect on September 3 and other pending drone - related regulations , our team remains focused on accelerating growth by strengthening our product offerings , increasing our marketing investments , and maintaining disciplined expense management . This is an exciting new chapter for the Company and while we are taking a prudent view towards our full - year outlook , we remain confident in our ability to drive improved performance and deliver sustainable growth . " Updated 2026 Financial Outlook and Guidance : • Full Full year 2026 revenue of $ 125 million to $ 130 million year 2026 gross profit as a percentage of revenue of 17 percent to 19 percent The Company's outlook assumes , among other things , continued access to its asset - based credit facility and no material further changes in tariff policy , and is subject to the risks described below under “ Cautionary Statement Regarding Forward - Looking Statements . 2026 Second Quarter and Recent Events : • Announced the addition of the XREAL xbx a01 + , a lightweight pair of augmented reality ( “ AR ” ) screen - casting glasses , to Drone Nerds ' product lineup