inpixon shares doubled to 37 cents after the company agreed to merge with xti aircraft an aviation company developing the trifan 600 a fixedwing vertical takeoff and landing aircraft inpixon shares hit their 52week low of 11 cents on june 23 and are still down 95 in the past 12 months the enterprise value of xti was ascertained by an independent financial advisory firm to be within the range of 252 million and 343 million if completed the merger will result in a combined publicly traded company that will focus on advancing the trifan 600 to market as well as continuing to offer inpixons realtime location systems technology to factories and warehouses for streamlined operations greater efficiency and improved safety the trifan 600 has more than 700 conditional preorders under a combination of aircraft purchase agreements nonbinding reservation deposit agreements and options these preorders represent potential revenue of up to 71 billion based on the current list price of 10 million per aircraft xti shareholders will own 60 of the post combination company and inpixon shareholders to retain 40 of the outstanding shares of the post combination company upon closing of the transaction the combined company is planning to operate under the name xti aerospace and to trade on the nasdaq capital market under the symbol xtia