Xwing has been testing its technology on a Cessna 208B Grand Caravan. Courtesy: Xwing
Key Takeaways:
Autonomous aviation startup Xwing appointed Fred Cromer, a veteran with over two decades of experience from companies like Bombardier and International Lease Finance Corp., as its new Chief Financial Officer.
Cromer's expertise is expected to help Xwing deploy its autonomous aviation technology and secure a larger share in the rapidly expanding air cargo market.
Xwing is developing an Autoflight System that retrofits existing aircraft for autonomous operation, aiming to revolutionize regional air mobility by first flying cargo to meet e-commerce demands.
The company has successfully tested its gate-to-gate autonomous flight capabilities, formed a strategic partnership with Textron Aviation, secured $40 million in funding, and was recognized in TIME’s Best Inventions of 2021.
California-based startup Xwing has announced the addition of Fred Cromer to its executive team as chief financial officer.
Fred Cromer
Cromer brings more than two decades of executive experience to the fast-growing disruptor, serving previously in president roles at Bombardier and International Lease Finance Corp. and CFO at ExpressJet Holdings and Continental Express.
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Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.
