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. (OTC PINK: XERI) has announced a press conference scheduled for June 14, 2021, at 2:30 p.m. MDT in Denver, Colorado. The event will unveil a significant new partnership and outline a strategic roadmap aimed at establishing the company as a leader in the electric and hybrid-electric vertical takeoff and landing (VTOL) industry. Xeriant operates in the Advanced Air Mobility sector, focusing on sustainable and efficient flight technologies. Further details regarding the internet broadcast will be provided in an upcoming announcement.
Xeriant, Inc. (OTC PINK: XERI) announced plans for a press conference to unveil significant developments, tentatively scheduled for mid-June. The company focuses on Advanced Air Mobility (AAM), promoting efficient and sustainable aviation technologies. Xeriant aims to enhance accessibility through the development of vertical flight-capable aircraft, facilitating point-to-point passenger and cargo transport. The company operates in proximity to the Boca Raton Airport in Florida and continues to explore innovative solutions within the aerospace sector.
Xeriant, Inc. (OTC PINK: XERI) has launched a new YouTube channel to highlight the capabilities of its environmentally friendly fire protectant, Retacell. Developed by its affiliate, Xeriant Europe, Retacell is designed for various applications, particularly in the aerospace and construction industries. The technology is biodegradable and non-toxic, making it appealing for modern uses. Earlier this month, Xeriant entered a joint venture with Movychem, acquiring a 50% stake in Movychem Holdings, which controls the product's IP and distribution rights.
Xeriant, Inc. (OTC PINK: XERI) announced on April 22, 2021, that it has entered the Product Testing Phase for its fire protection technology, Retacell, developed in collaboration with Movychem. This technology is being evaluated for certification and is currently being tested by leading manufacturers. Xeriant aims to enhance fire protection properties in building materials, leveraging eco-friendly solutions. The global flame retardant market is projected to grow at a CAGR of over 5% from 2021 to 2026, representing significant commercial opportunities for the company.
Xeriant, Inc. (OTC PINK: XERI) announced a joint venture with Movychem to enhance the development of eco-friendly fire retardant technology, Retacell, targeting aerospace applications.
This 50% stake in Movychem Holdings will enable Xeriant to distribute Retacell in the U.S. and explore additional markets. Retacell is biodegradable, non-toxic, and applicable across various materials, with potential uses in electric aircraft for enhanced safety and durability, aligning with Xeriant’s sustainability strategy.
Xeriant, Inc. has appointed Chester Rodeheaver to its Advisory Board, effective immediately. Rodeheaver, founder and CEO of Pont Capital, is a seasoned finance expert with an impressive educational background, including an MBA from the University of Chicago and a CFA designation. His experience in global high-tech businesses and financial structuring aims to strengthen Xeriant’s ability to pursue technology acquisitions. The advisory role is expected to enhance the company’s strategic network and capital-raising capabilities, aligning with Xeriant's mission to commercialize eco-friendly aerospace technologies.
Xeriant, Inc. (OTC PINK: XERI) has announced a strategic alliance with Mente Systems Inc. (DBA TheIncLab), a leader in AI technology. This collaboration involves a strategic investment to enhance operations and technology offerings. TheIncLab specializes in AI-enabled systems for various industries, including aerospace. Xeriant aims to accelerate the commercialization of advanced VTOL vehicles and leverage AI in evaluating technologies for acquisitions. The partnership is set to strengthen innovation in aerospace technology as AI usage continues to grow in this field.
Xeriant, Inc. (OTC PINK: XERI) announced plans to file a Regulation A Tier 2 offering to finance its development of advanced aerospace technologies, specifically targeting electrically-powered vertical takeoff and landing (eVTOL) aircraft and related advancements.
CEO Keith Duffy noted they are in the process of finalizing the offering's budget and due diligence on technological breakthroughs that promise transformative capabilities and lower environmental impacts. Further updates regarding the offering's size and pricing are expected shortly.
Xeriant, Inc. (OTC PINK: XERI), a leader in aerospace technology, reported promising advancements in its eco-friendly XERI-MC and XERI-L nano-lubricants. Collaborating with partners in Germany, Italy, and the Czech Republic, Xeriant has documented notable reductions in friction, enhancing fuel efficiency, power output, and reducing emissions. These innovations position Xeriant to capture a share of the substantial $77.9 billion automotive lubricants market. CEO Keith Duffy highlighted the potential of these lubricants to address the growing demand for sustainable solutions across various sectors.
Xeriant, Inc. (OTC PINK:XERI) has received an additional utility patent for its Halo aircraft technology from the U.S. Patent and Trademark Office, building on a patent issued in October 2019. These patents are retroactive to Halo's original 2007 application, providing competitive advantages against other UAV patents. The Halo is an eVTOL aircraft designed for various commercial applications, such as inspections and delivery. As UAVs grow in popularity, the new patent solidifies Xeriant's position in the aerospace market.