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XERIANT (XERI) Stock News, Sep 22, 2020

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Xeriant, Inc. reports developments tied to advanced materials, fire-resistant composite technology, and commercialization activity. Company updates center on the DUREVER™ advanced materials platform, NEXBOARD™ composite construction panels, and NexPatch™, a fire-resistant joint compound designed for NEXBOARD installations.

Recurring news themes include internal and third-party fire-performance testing, patent and trademark activity, manufacturer interest in fire-retardant formulations, and the Factor X Research Group’s role in identifying and developing technologies across construction, aerospace, security, and related industrial markets.

Rhea-AI Summary

Xeriant, Inc. (OTC PINK:XERI) has announced its commitment to accelerate innovation in the aerospace industry by acquiring breakthrough technologies and building a diversified portfolio. The company is focusing on advanced air mobility (AAM) and the integration of sustainable aircraft systems. Key statistics forecast a $1.5 trillion market for electrically powered aircraft by 2040, with a demand for nearly 40,000 new aircraft. Xeriant aims to leverage partnerships and investments in the rapidly evolving aerospace landscape to address both consumer demands and environmental concerns.

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FAQ

What is the current stock price of XERIANT (XERI)?

XERIANT (XERI) last closed at $0.0086.

What is the market cap of XERIANT (XERI)?

The market cap of XERIANT (XERI) is approximately $9.3M.