XTI Aerospace secures cross-default waiver on $20 million JPMorgan Chase credit facility
XTIA•XTI Aerospace restructured approximately $4.7 million in promissory notes issued for its Drone Nerds and Anzu Robotics acquisitions, extending maturity and modifying repayment terms. It also secured a cross-default waiver on its $20 million revolving credit facility with JPMorgan Chase Bank.
1. Debt terms revised
XTI Aerospace restructured approximately $4.7 million of promissory notes issued November 10, 2025, for its Drone Nerds and Anzu Robotics acquisitions. The revised terms extend maturity and modify the repayment schedule, and the company secured a cross-default waiver on its $20 million revolving credit facility with JPMorgan Chase Bank.
