XTI Aerospace completed the merger with Damon Motors in a $300m deal.

Grafiti, an XTI Aerospace subsidiary offering a comprehensive and versatile data analytics and statistical visualization solutions, completed the merger with Damon Motors, an electric motorcycle company, in a $300m deal. “You can’t be the future of anything if you’re not better than the past. It is necessary for us to target performance metrics as good or better than anything achieved before, otherwise we won’t see masses of people giving up their gas motorbikes for electric ones - people want to trade up in life,” Jay Giraud, Damon Founder and CEO.