DALLAS, Aug. 31, 2026 /PRNewswire/ — XTI Aerospace, Inc. (Nasdaq: XTIA) (“XTI Aerospace,” “XTI” or the “Company”), an aerospace and advanced technology platform and parent company of Drone Nerds, LLC, (“Drone Nerds”), a leading drone solutions platform serving commercial, enterprise and government customers, today announced that it received a deficiency notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on August 26, 2026 (the “Notice”). The Notice indicated that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”). The Listing Rule requires Nasdaq-listed companies to timely file all required periodic financial reports with the SEC. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires public disclosure of the receipt of a deficiency notification.

As previously disclosed, on August 17, 2026, the Company filed a Notification of Late Filing on Form 12b-25 with the SEC with respect to the Form 10-Q, stating that the Company was unable to file the Form 10-Q within the prescribed time period without unreasonable effort or expense because the Company is in the process of completing an internal review of the Company’s former Chief Executive Officer, who resigned on August 17, 2026, and other related corporate governance matters. The Company is working diligently to complete the internal review and intends to file the Form 10-Q as promptly as practicable following its completion. The Company is not able at this time to estimate when the internal review will be completed or when the Form 10-Q will be filed.

The Notice provides the Company with 60 calendar days from the date of the Notice, or until October 26, 2026, to submit a plan to regain compliance with Nasdaq’s continued listing requirements. If the Company has not filed the Form 10-Q by October 26, 2026, it intends to submit a plan to regain compliance. If Nasdaq accepts the plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the due date of the Form 10-Q, which the Notice states would be until February 22, 2027, to regain compliance. The Notice further provides that any subsequent periodic report that becomes due within the exception period, including the Company’s Quarterly Report on Form 10-Q for the quarter ending September 30, 2026, must be filed no later than the end of that period. If Nasdaq does not accept the Company’s plan, the Company may appeal that determination to a Nasdaq Hearings Panel.

The Notice has no immediate effect on the listing of the Company’s common stock on the Nasdaq Capital Market. There can be no assurance that the Company will be able to file the Form 10-Q within the applicable period, that Nasdaq will accept any plan to regain compliance that the Company may submit, that any appeal of an adverse determination would be successful, or that the Company will otherwise be able to regain or maintain compliance with Nasdaq’s continued listing requirements.

About XTI Aerospace, Inc.

XTI Aerospace, Inc. (Nasdaq: XTIA) is an aerospace company providing unmanned aircraft systems (“UAS”) solutions through its commercial drone solutions division, operated through Drone Nerds, LLC and two development-stage divisions focused on autonomous defense systems and domestic manufacturing of unmanned systems components designed to support federal procurement and sourcing requirements. XTI’s commercial drone solutions business provides hardware distribution, training, service, repair, and lifecycle support to enterprise, public safety and government customers.

XTI Aerospace is headquartered in Dallas, Texas. For more information about XTI, please visit xtiaerospace.com and follow XTI on LinkedIn, Instagram, X, and YouTube.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements included in this press release that are not historical facts (including any statements concerning plans and objectives of management for future operations of economic performance, or assumptions or forecasts related thereto) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “poised,” “positioned,” “potential,” “seem,” “seek,” “future,” “outlook,” “target,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, (1) the completion of the internal review; (2) the timing of the filing of the Form 10-Q and subsequent periodic reports; (3) the Company’s submission of a plan to regain compliance and Nasdaq’s acceptance of any such plan; and (4) the continued listing of XTI’s common stock on the Nasdaq Capital Market. These statements are based on various assumptions and estimates, whether or not identified in this press release, and on the current expectations of XTI’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of XTI. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to: changes in domestic and foreign business, market, financial, political and legal conditions; XTI’s potential inability to complete the internal review in a timely manner, to file the Form 10-Q or subsequent periodic reports, or to satisfy Nasdaq’s continued listing requirements; the risk that XTI’s common stock is suspended from trading or delisted; the risk that the internal review identifies additional matters or results in conclusions that affect XTI’s previously issued financial statements, its disclosure controls and procedures or its internal control over financial reporting; XTI’s expectation, as disclosed in its Notification of Late Filing on Form 12b-25 filed with the SEC on August 17, 2026, that the Form 10-Q will disclose substantial doubt about XTI’s ability to continue as a going concern; XTI’s successful integration of any products (including achievement of synergies and cost reductions); XTI’s ability to successfully and timely develop, sell and expand its services, and otherwise implement its growth strategy; risks relating to XTI’s operations and business, including information technology and cybersecurity risks, loss of requisite licenses, drone safety risks, loss of key customers and deterioration in relationships between XTI and its employees; risks related to increased competition; risks relating to potential disruption of current plans, operations and infrastructure of XTI, including as a result of the consummation of any acquisition; risks that XTI is unable to secure or protect its intellectual property; risks that XTI experiences difficulties managing its growth and expanding operations; XTI’s ability to compete with existing or new companies that could cause downward pressure on prices, fewer customer orders, reduced margins, the inability to take advantage of new business opportunities, and the loss of market share; the ability to successfully select, execute or integrate future acquisitions into XTI’s business, which could result in material adverse effects to operations and financial conditions; and those factors discussed in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” included in XTI’s Annual Report on Form 10-K filed with the SEC on April 15, 2026 for the fiscal year ended December 31, 2025 and in subsequent filings made by XTI with the SEC from time to time. If any of these risks materialize or XTI management’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. The risks and uncertainties above are not exhaustive, and there may be additional risks that XTI presently does not know or that XTI currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect XTI’s expectations, plans or forecasts of future events and views as of the date of this press release. XTI anticipates that subsequent events and developments will cause XTI’s assessments to change. However, while XTI may elect to update these forward-looking statements at some point in the future, XTI specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing XTI’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements contained in this press release.

Contacts:

General inquiries:
Email: contact@xtiaerospace.com
Web: https://xtiaerospace.com/contact

Investor Relations:
IR@xtiaerospace.com

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SOURCE XTI Aerospace, Inc.

BEIJING, Aug. 31, 2026 /PRNewswire/ — Baidu, Inc. (“Baidu” or the “Company”) (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, today announced that the Company’s voluntary conversion of its secondary listing status to dual-primary listing on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) became effective today. Baidu is now a dual-primary listed company on the Hong Kong Stock Exchange in Hong Kong SAR and the Nasdaq Global Select Market in the United States.

The Company’s ordinary shares listed on the Hong Kong Stock Exchange and the Company’s American depositary shares listed on the Nasdaq Global Select Market will continue to be fungible.

About Baidu

Founded in 2000, Baidu’s mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on Nasdaq under “BIDU” and HKEX under “9888”. One Baidu ADS represents eight Class A ordinary shares.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, Baidu’s and other parties’ strategic and operational plans, contain forward-looking statements. Baidu may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of the Hong Kong Stock Exchange, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Baidu’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Baidu’s growth strategies; its future business development, including development of new products and services; its ability to attract and retain users and customers; competition in the Chinese Internet search and newsfeed market; competition for online marketing customers; changes in the Company’s revenues and certain cost or expense items as a percentage of its revenues; the outcome of ongoing, or any future, litigation or arbitration, including those relating to intellectual property rights; the expected growth of the Chinese-language Internet search and newsfeed market and the number of Internet and broadband users in China; Chinese governmental policies relating to the Internet and Internet search providers, and general economic conditions in China and elsewhere. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission, and announcements on the website of the Hong Kong Stock Exchange. Baidu does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of the press release, and Baidu undertakes no duty to update such information, except as required under applicable law.

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SOURCE Baidu, Inc.

ERETEC INC. has launched ERE-PT130, a mobile robot-based EMC measurement automation solution designed to extend automated testing beyond the fixed reach of a robotic arm. By keeping the DUT stationary while moving the robot base, the system enables Full Test-Area Automation across the test table while improving measurement repeatability and operational efficiency.

ERETEC INC. launches ‘ERE-PT130,’ an EMC robot system that automates the entire test table.

Mobile robot base overcomes the working-radius limits of fixed robots optimized for ISO 11452-9 Portable Transmitters immunity testing.

±0.05 mm high-precision control resolves the EMC testing bottleneck of the vehicle electrification era.

SEOUL, South Korea, Aug. 31, 2026 /PRNewswire-PRWeb/ — ERETEC INC. (CEO: Man-Young Chi), a company specializing in electromagnetic compatibility (EMC) test and measurement solutions, has launched ‘ERE-PT130,’ a new automated measurement system based on mobile robot base technology. Unlike conventional fixed robots, which can only operate within the reach of their robotic arm, the system keeps the DUT (Device Under Test) stationary while the robot itself moves, achieving “Full Test-Area Automation” across the entire test table. It is optimized for the ISO 11452-9 standard and features high-precision control accurate to ±0.05 mm, a collision-detection safety system, and integration with TOYO software. By minimizing operator intervention, the system ensures both measurement repeatability and throughput.

As automotive electrification accelerates, the growing number of electronic components and wiring systems in vehicles has driven up the number of measurement points required in electromagnetic compatibility (EMC) testing. The industry has increasingly adopted robot-based automated measurement systems, but most fixed robots are limited to the reach of their robotic arm and therefore cannot cover the entire test table. For areas beyond the robot’s reach, the test object (EUT/DUT) still had to be repositioned or measured manually by test personnel.

ERETEC INC. turned this challenge on its head. Instead of moving the DUT, the robot base itself moves to reach the required positions across the test area. According to the company, this moves beyond conventional “semi-automated robotic testing,” which is constrained by the robot arm’s working radius, achieving “Full Test-Area Automation” across the entire test table. ERETEC INC. announced on the 1st that it has officially launched ERE-PT130, which embodies this concept.

What’s Different? “Not the Robot’s Performance, but the Space It Can Move In

“ERETEC INC. CEO Man-Young Chi said, “Until now, automated test equipment has largely focused on ‘how precise the robot is.’ In actual test environments, however, the value of automation was often diminished by areas the robot simply could not reach.” He added, “ERE-PT130 is a product that expands not the robot’s performance but the ‘space’ in which the robot can move and in that it can cover the entire test table even while the DUT remains fixed, it represents a fundamentally different approach from conventional automation equipment.”

The change in how testing itself is conducted is just as important. Repeated operator intervention inevitably introduces slight variations between measurements, but ERE-PT130 minimizes manual handling so that measurements are performed under the same conditions every time. This not only improves the repeatability and reliability of results because human intervention is minimized, it also enables faster, more precise repeat measurements, delivering higher productivity in terms of throughput per unit of time compared with conventional methods.

Key Specifications: ±0.05 mm Control and a Collision-Detection Safety System

ERE-PT130 provides a flexible automated testing environment optimized for ISO 11452-9, the immunity test standard for radiated fields from portable transmitters, as applied to automotive components. Through high-speed, high-precision motion control and antenna coordinate recognition technology, it supports a range of measurement modes, including 2D and 3D curved-surface measurements.

– Robotic Arm: A 10 kg payload capacity and 1,300 mm working radius, combined with a mobile-base design, allow flexible deployment and operation tailored to the test object and environment

– Precision Control: ±0.05 mm high-precision control ensures reliable repeat measurements

– Safety: A collision-detection system built on sensitive detection sensors enhances safety for both test personnel and equipment

– Noise Isolation: Each of the four antennas, one per measurement frequency band, is equipped with an independently controlled positioning unit; power is cut once positioning is complete, eliminating noise at the source

– Software Integration: Integrates with software based on technology from TOYO, a Japanese company specializing in EMC measurement automation software, to support automation of signal generators and other test equipment

First Unveiled at a Seminar, Demo Requests Follow “No Manual Handling, Even for Long Harnesses”

ERETEC INC. first unveiled the Full Test-Area Automation concept at the “Automotive EMC Test Solution 2026 Seminar” held in May. Around 50 representatives from automakers, automotive parts companies, and measurement, testing, and certification organizations attended and observed a live demonstration of the mobile robot base in action, with attendees remarking that the ability to measure even long harness sections without manual intervention was particularly impressive. An ERETEC INC. representative said, “Since the seminar, we have received demonstration requests from multiple companies wanting to see the solution in actual test environments,” adding, “Based on this market response, we’re also looking at expanding our lineup to fit test environments across a range of industries.”

About ERETEC INC.

Founded in 1999, ERETEC INC. specializes in electromagnetic compatibility (EMC) test and measurement solutions, including antenna chambers and reverberation chambers, supplying EMC chambers and measurement equipment to customers in Korea and abroad. For product demonstrations and detailed specifications, please visit the ERETEC INC. official website (www.eretec.com) or contact the sales team.

Media Contact

Business Operations Team | Michelle Park, Deputy General Manager

Email: michelle.park@eretec.com | Tel: +82-31-345-1134

Media Contact

Michelle Park, ERETEC INC., 82 31-345-1134, michelle.park@eretec.com, https://www.eretec.com/en/

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SOURCE ERETEC INC.