XTI Aerospace announced that Scott Pomeroy has resigned as chairman and chief executive amid an internal review of executive and related corporate‑governance matters.

The company said a committee of independent board members is conducting the review, which is expected to delay the timely filing of its second‑quarter earnings report with the SEC. The review will assess leadership decisions, compensation, and potential conflicts of interest.

No specific details were disclosed, but XTI Aerospace has stated that the issues under investigation are not anticipated to affect any previously issued financial statements. The company emphasized that its financial health and operational performance remain stable while the investigation proceeds.

XTI Aerospace, a drone manufacturer based in Las Colinas, Texas, remains committed to transparency and compliance as it navigates the internal review. Industry observers note that drone companies face increasing regulatory scrutiny, and this development underscores the importance of robust governance.

Investors are monitoring the situation closely, as the delay in filing could affect trading activity and market perception. XTI Aerospace has assured stakeholders that no material restatements are anticipated, and it will keep the public updated. The board will provide a detailed update once the review concludes.