Leadership & Pay ·
XTI Aerospace appoints Unusual Machines CEO Dr. Allan Evans as Chairman of the Board
XTIAXTI Aerospace, Inc.
XTI Aerospace appointed Dr. Allan Evans, currently CEO and director of Unusual Machines, to its Board of Directors effective October 14, 2026. The Board designated him as Chairman, returning the board size to five members, while Jonathan G. Ornstein was named Vice Chairman. Dr. Evans brings extensive experience in drone technology from roles at Red Cat Holdings and Fat Shark. He will receive standard director compensation, including a $50,000 annual cash retainer and stock options. Unusual Machines previously purchased Series 10 Convertible Preferred Stock for $25 million, which converted into common equity, resulting in beneficial ownership of approximately 4.99% of XTI's outstanding shares as of the filing date. XTI Aerospace is an aerospace company focused on commercial and government drone adoption through its subsidiary Drone Nerds.