XTI Aerospace CEO resigns amid internal review and late SEC filing

XTI Aerospace, Inc. (Nasdaq: XTIA) announced that Scott Pomeroy has resigned as chairman and chief executive officer, effective immediately. The company's board of directors has appointed Jeremy Schneiderman as interim CEO and elected Jonathan Ornstein as interim chairman.

Schneiderman has served as CEO of Drone Nerds, LLC, an XTI subsidiary, since 2014. Ornstein previously served as CEO and chairman of Mesa Air Group from 1998 and 1999, respectively, until November 2025, after which Mesa completed a merger and became Republic Airways Holdings Inc.

The leadership change has contributed to a delay in the company's quarterly financial filing. XTI Aerospace filed a Form 12b-25 Notification of Late Filing with the Securities and Exchange Commission for its quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2026. According to the company's statement, the delay is related to an internal review of the former CEO and other corporate governance matters. The company said it intends to file the 10-Q as soon as practicable.

As a result of the late filing, XTI Aerospace management did not participate in Needham's Annual Virtual Industrial Tech, Robotics and Power Conference on August 17-18.

XTI Aerospace is headquartered in Dallas, Texas, and operates commercial drone solutions through Drone Nerds, alongside development-stage divisions focused on autonomous defense systems and domestic manufacturing of unmanned systems components.

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