Xeriant’s Nanotechnology is a Key Differentiator for NEXBOARD™
Rhea-AI Summary
Xeriant, Inc. (OTCQB: XERI) has announced significant progress in developing its eco-friendly NEXBOARD™ construction panels by incorporating nanotechnology to enhance mechanical and thermal properties. The nanocomposite material promises to be lighter, stronger, and more fire and water resistant than traditional building materials.
NEXBOARD™ targets the green construction materials market, projected to reach $1.8 trillion by 2030. This innovation addresses critical environmental concerns, as the construction industry consumes approximately 60% of natural resources and contributes about 40% of global CO2 emissions.
Recent breakthroughs in polymer chemistry, nanotechnology, and materials processing have enabled Xeriant to develop NEXBOARD as a cost-effective, high-performance, sustainable alternative to traditional building materials. The company plans to provide regular updates on formulation testing, certification milestones, and industry partnerships.
Positive
- NEXBOARD enhanced with nanotechnology for improved mechanical and thermal properties
- Targeting green construction materials market projected to reach $1.8 trillion by 2030
- NEXBOARD offers lighter, stronger alternative with improved fire and water resistance
- Developed as cost-effective, sustainable alternative to traditional building materials
- Making progress toward completing development and certification
Negative
- No revenue figures or timeline for commercial availability mentioned
- Certification process still ongoing with no specified completion date
- No mention of manufacturing capacity or distribution channels
- Competing in highly competitive construction materials market
News Market Reaction 1 Alert
On the day this news was published, XERI declined 5.66%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Thermoplastic nanocomposites promise enhanced performance for the construction industry and beyond
BOCA RATON, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTCQB: XERI) ("Xeriant" or "the Company"), dedicated to the discovery, development, and commercialization of disruptive technologies in advanced materials and aerospace, is pleased to announce significant progress toward completing the development and certification of its eco-friendly NEXBOARD™ construction panels by enhancing its mechanical and thermal properties through the incorporation of nanotechnology.
“At Xeriant, we are integrating nanotechnology to produce a nanocomposite called NEXBOARD, the next generation of building materials. By embedding engineered nanoparticles, we have created a product that will be lighter and stronger with improved fire and water resistance compared with traditional materials. The use of nanotechnology to strengthen performance is positioning Xeriant as a leader in construction innovation,” stated Keith Duffy, CEO of Xeriant.
NEXBOARD™ is poised to make a significant impact in the green construction materials market, which is projected to reach
Xeriant is committed to providing regular updates, which will include insights into formulation testing, certification milestones, and key industry partnerships, ensuring that investors, builders, and stakeholders remain fully engaged throughout this process.
To receive future Company updates, please visit www.xeriant.com/signup and follow Xeriant’s investor communications.
About Xeriant, Inc.
Xeriant, Inc. is dedicated to the discovery, development and commercialization of disruptive technologies in advanced materials and aerospace which can be successfully integrated and commercialized for deployment across multiple industrial sectors. We seek to partner with and acquire strategic interests in visionary companies that accelerate this mission. Xeriant’s advanced materials line is marketed under the DUREVER™ brand, and includes NEXBOARD™, an eco-friendly, patent-pending composite construction panel made from plastic and fiber waste, designed to replace products such as drywall, plywood, OSB, MDF, MgO board and other materials used in construction.
For more information, please go to www.xeriant.com
SAFE HARBOR FORWARD-LOOKING STATEMENTS
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Xeriant, Inc. is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning our ability to attract investors.
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make, and investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
This press release does not constitute an offer of any securities for sale.
Xeriant, Inc.
Investor Relations Dept.
(561) 491-9595
IR@xeriant.com
Xeriant.com