XTI Aerospace Subsidiary’s Note Default Triggers Cross — Default on JPMorgan Credit Facility
XTI Aerospace’s subsidiary XTI Drones Holdings defaulted on seller promissory notes October 11, 2026, following missed September 30 payments. The notes totaled approximately $4.51 million outstanding, carry 9.25% default interest and mature November 10, 2026. The defaults triggered cross-defaults under JPMorgan Chase’s