Welcome to our dedicated page for Xeriant news (Ticker: XERI), a resource for investors and traders seeking the latest updates and insights on Xeriant stock.
Xeriant, Inc. (OTCQB: XERI) is a technology company focused on advanced materials and other transformative technologies, and its news flow reflects this emphasis on development and commercialization. Company updates frequently highlight progress on NEXBOARD™, the patent-pending eco-friendly composite construction panel marketed under the DUREVER™ brand, as well as organizational developments around its Factor X Research Group, an innovation hub modeled on a Skunk Works–style structure.
Readers following XERI news can expect detailed announcements on NEXBOARD’s production runs, internal testing, and steps toward third-party certification. Recent releases describe limited production at contract manufacturing facilities, documentation of manufacturing processes by an accredited certification agency, and internal fire tests that the company states demonstrated exceptional fire resistance and thermal stability. These updates are often framed within the broader context of green construction materials and fire protection markets.
Xeriant’s news also covers strategic and organizational changes, including the appointment and expanded role of Brig. Gen. (Ret.) Blaine D. Holt as president of Factor X. These items explain how Factor X is intended to unite experts across advanced materials, aerospace and defense, critical infrastructure, and AI-driven technologies, with the goal of compressing development cycles and accelerating commercialization.
In addition, XERI news may include information about financial and legal developments, such as settlement agreements related to outstanding debt and references to associated SEC filings. Together, these categories of news provide insight into Xeriant’s efforts to advance its materials portfolio, build a technology ecosystem, and manage its corporate and capital structure. Investors and observers can use this news feed to track milestones in product development, certification, organizational strategy, and key agreements disclosed by the company.
Xeriant, Inc. (OTCQB: XERI) announced a partnership with TMF Corporation to manufacture eco-friendly, flame retardant-infused recycled plastic for NEXBOARD™ panels, which aim to replace traditional building materials like drywall and plywood. This collaboration will utilize TMF's expertise in producing FM Approved plastic products, aligning with Xeriant's sustainability goals. The partnership involves the agglomeration of post-industrial plastic waste and eco-friendly flame-retardants to create pellets for NEXBOARD™. Xeriant's CEO expressed excitement about leveraging TMF's capabilities for the new product's development.
Xeriant, Inc. (OTCQB: XERI) announced a significant update regarding the production of NEXBOARD™, a versatile building panel. The company is assessing manufacturing facilities in the New York tri-state area, focusing on factors like quality control, capacity, and production costs. Xeriant has selected a facility for a small-scale production trial, producing up to 40 wallboards with various flame-retardants for testing. A major U.S. homebuilder awaits test samples, which may lead to a large order or licensing agreement. This initiative is crucial for Xeriant's growth in the building materials market.
Xeriant, Inc. (OTCQB: XERI) has trademarked NEXBOARD™ for its innovative Retacell®-based wall panels, aiming to replace traditional wallboard materials in construction. This eco-friendly product has garnered interest from the homebuilding industry, evidenced by a Letter of Intent for 35,000 homes from Next New Concept. The panels, which emphasize safety and sustainability, are in the commercialization phase for retail and licensing partners. Retacell® is a biodegradable thermal and fire protection agent, indicating Xeriant's commitment to advanced materials technology.
Xeriant, Inc. (OTCQB: XERI) has signed a significant Letter of Intent with Next New Concept to supply up to $130 million worth of Retacell®-based wall panels for a 35,000-unit residential project in Africa. This initiative could potentially generate over $250 million in revenue for Xeriant starting in 2023. Retacell® is recognized for its biodegradable and nontoxic properties, providing thermal and fire protection. CEO Keith Duffy highlighted the deal as a major milestone, affirming its role in establishing a solid foundation for other agreements.
Xeriant, Inc. (OTCQB: XERI) announced a series of positive developments in a recent video conference. Notably, a joint venture with Movychem has generated a Letter of Intent with Next New Concept for Retacell wall panels, projected to exceed $100 million in revenue starting in 2023. The joint venture with XTI Aircraft has led to qualified preorders of over $3 billion for the TriFan 600. Additionally, Xeriant aims for a NASDAQ uplist by year-end and is testing new fire-resistant wall panels. The company is actively engaging manufacturers to support production capabilities.
Xeriant, Inc. (OTCQB: XERI) has announced a presentation at 4:30 p.m. EDT on August 3, 2022, at Florida Atlantic University, discussing recent developments in the Advanced Air Mobility sector. This event will be broadcast online. Xeriant focuses on the evolution of eco-friendly aircraft and strategic partnerships to enhance its operations in the aerospace industry. They are known for their advancements in VTOL technologies and materials. Institutional investors can contact Xeriant's investor relations for further information.
Xeriant, Inc. (OTCQB: XERI) announced an online press conference on August 3, 2022, at 4:30 p.m. EDT to discuss recent positive developments. The event will take place at Florida Atlantic University and will be streamed online. Institutional investors and press can request a press packet by contacting Xeriant's investor relations. Xeriant focuses on Advanced Air Mobility, aiming to develop next-generation electrically powered aircraft for eco-friendly flight and strategic partnerships.
Xeriant, Inc. (OTCQB: XERI) has announced a press conference on August 3, 2022, to discuss recent developments in its operations focused on Advanced Air Mobility. The date was postponed from late July due to management travel to Slovakia, where they will address the demand for Retacell® and related composite materials. The company is in advanced negotiations with end users in the building and textiles industries and is scaling up production capabilities, including establishing a pilot manufacturing facility in North America.
Xeriant, Inc. (OTCQB: XERI) announced a postponed press conference to mid or late July to better update shareholders on significant business developments. The company highlights progress in joint ventures with Movychem and XTI Aircraft, aiming for immediate revenue and long-term value. Key advancements include the certification process for eco-friendly flame retardants and the completion of the TriFan 600’s preliminary design phase, which enhances its market potential. The order pipeline has increased by 50%, now valued at $2.25 billion in gross revenue.
Xeriant, Inc. has developed a high-strength, fire-resistant composite panel made from recycled materials, including Retacell® and cardboard fiber-reinforced polymeric resin. The panel is versatile, suitable for various construction applications, and is designed to compete with traditional materials like plywood and drywall. The company plans to license this technology to major manufacturers. The global building materials market, valued at USD 838.1 billion in 2021, is expected to reach USD 1.092.4 billion by 2025, indicating significant market potential for this innovation.