Xeriant Inc - XERI STOCK NEWS

247marketnews.com has published an editorial titled 'Stocks that are Ideally Positioned to Rebuild America,' featuring Xeriant (OTCQB: XERI). The article focuses on companies positioned to assist in rebuilding efforts following various natural disasters including fires, hurricanes, and floods.

Xeriant's key development is NEXBOARD™, a sustainable building panel alternative made primarily from recycled plastic and fiber waste. The product is designed to be resistant to fire, water, insects, and mold. The company specializes in next-generation materials serving various sectors including aerospace, automotive, and construction industries.

Xeriant Inc (OTCQB: XERI) has provided an update on its litigation against XTI Aircraft Co, a subsidiary of XTI Aerospace Inc (Nasdaq: XTIA). On February 29, 2024, Xeriant filed an Amended Complaint in the U.S. District Court for the Southern District of New York, seeking damages exceeding $500 million.

The complaint alleges multiple charges against XTI, including intentional fraudulent conduct, fraudulent concealment, breach of contract, quantum meruit, unjust enrichment, unfair competition, and misappropriation of confidential information. While XTI moved to dismiss all claims except breach of contract on March 13, 2024, the Court denied XTI's dismissal arguments entirely on January 14, 2025.

The Court has ordered XTI to file an Answer to the Amended Complaint, and Xeriant plans to proceed with discovery.

Xeriant (OTCQB: XERI) reports progress in developing NEXBOARD™, a high-strength composite construction panel designed to replace traditional building materials. The company has achieved significant advances in engineering and production setup, focusing on optimizing the panel's composition, testing formulations, and incorporating materials to enhance fire retardant properties.

A key milestone was reached with a successful 5-minute flame test, where a ¼-inch thick NEXBOARD panel was exposed to temperatures between 2,000°F and 3,600°F. The panel demonstrated excellent fire resistance, with the backside temperature reaching only 86°F, showing no flame spread and self-extinguishing capabilities.

The company is currently working with homebuilders, conducting testing protocols, and preparing samples for analysis and certifications. Xeriant is also establishing supply chain infrastructure to support large-scale production of this eco-friendly construction panel, which is part of their DUREVER™ line of green construction products.

Xeriant (OTCQB: XERI) has appointed Mark Sternberg to its Advisory Board, effective immediately. Sternberg, a former CEO of an industrial coatings company acquired by Saint-Gobain subsidiary, brings 30 years of expertise in nanomaterial products and manufacturing techniques. His experience includes pioneering nanodiamonds production in the U.S., with applications in metal coatings, semiconductors, ophthalmic lenses, lubrication, drug delivery, and energy production.

The appointment aims to support the launch of NEXBOARD, Xeriant's eco-friendly, patent-pending composite construction panel made from plastic and fiber waste. This product, marketed under the DUREVER™ brand, is designed as a sustainable alternative to traditional building materials like wood and gypsum board.

Xeriant (OTCQB: XERI) has appointed Dr. Victor Castaño to its Advisory Board. Dr. Castaño, a renowned materials scientist specializing in nanotechnology and thermal coatings, will guide the development of Xeriant's construction and aerospace products, particularly NEXBOARD™.

Dr. Castaño brings significant expertise with over 30 patents, 850+ peer-reviewed papers, and more than 20,000 citations. He serves as a full professor and founding Director at CFATA-UNAM and is a Visiting Scholar at Purdue University. His appointment aims to accelerate the development of NEXBOARD™, an eco-friendly composite construction panel made from plastic and fiber waste, positioned as an alternative to traditional wood and gypsum board.

Xeriant (OTCQB: XERI) released a holiday message highlighting its 2024 achievements and 2025 outlook. The company made significant progress with NEXBOARD™, a composite building panel made from recycled plastic and fiber waste for the green construction materials market. Throughout 2024, Xeriant established partnerships with equipment manufacturers, chemical suppliers, and leading homebuilders. The company expects to announce aerospace-related developments in Q1 2025.

NEXBOARD's development has exceeded initial expectations, combining environmental sustainability with potential industry-changing capabilities. The company focuses on long-term goals over quick wins, aiming to create technologies that redefine industries.

Xeriant (OTCQB: XERI) has announced strategic partnerships with two specialized firms to enhance its investor relations and market presence. The company has engaged 247MarketNews for investor relations services and AdVenture Media Group for performance marketing initiatives. This move coincides with the upcoming launch of NEXBOARD™, their innovative eco-friendly construction panel made from recycled plastic and fiber.

NEXBOARD™ is currently undergoing extensive R&D testing at a thermoplastic compounding facility for full-scale production and certification. The product targets the green construction materials market, projected to reach $1.2 trillion by 2032. This initiative addresses significant environmental challenges, considering that the construction industry uses 60% of natural resources, generates 33% of waste, and contributes to 40% of CO2 emissions.

The partnerships aim to improve shareholder communication, provide consistent company updates, and expand Xeriant's digital footprint through data-driven marketing strategies.

Xeriant, Inc. (OTCQB: XERI) has announced a collaboration with a leading U.S.-based compounding facility for lab-scale testing of its latest NEXBOARD™ composite formulation. The facility, with 25 years of expertise in prototyping and testing polymer composites, will conduct a comprehensive 40-hour battery of tests on NEXBOARD samples. These tests include the UL-94 vertical burn test and measurements of thermal expansion, tensile strength, impact resistance, and stiffness.

The revised NEXBOARD composition aims to pass the NFPA 286 fire test, evaluating flammability characteristics of interior wall and ceiling finish materials. Modifications were made to the intumescent system to improve fire resistance properties. This collaboration is expected to enhance the design, processing, and manufacturing of Xeriant's green building materials, reinforcing its position in high-performance, recycled building products.

Xeriant (OTCQB: XERI) provides an update on NEXBOARD™, its eco-friendly composite construction panel. The company has engaged a polymer chemist to refine the board's composition, focusing on passing the NFPA 286 fire test. Xeriant is finalizing a production method that optimizes volume, quality, and cost efficiency. The company is also setting up large-scale production with a contract manufacturer to meet near-term demand. Multiple companies are waiting to make purchases once production begins.

Xeriant plans to establish its own manufacturing facilities and has identified equipment and potential locations. Discussions with an investment bank for funding plant and equipment are underway. NEXBOARD is part of Xeriant's DUREVER™ brand of advanced materials, targeting the green construction materials market, projected to reach $1.2 trillion by 2032.