Xwing has been testing its technology on a Cessna 208B Grand Caravan. Courtesy: Xwing
Key Takeaways:
Autonomous aviation startup Xwing appointed Fred Cromer as CFO, leveraging his extensive executive experience to support the company's growth and deployment of autonomous technology.
Xwing aims to revolutionize regional air mobility by deploying its Autoflight System to convert existing aircraft into optionally piloted vehicles, initially focusing on the fast-growing air cargo market to lower transport costs.
The company has successfully demonstrated autonomous gate-to-gate flight and cargo deliveries, secured a key partnership with Textron Aviation, raised $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.
CREATE A FREE ACCOUNT
Sign up to keep reading
Create a free account to continue. Already a member? Sign in below.
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.