Xeriant Inc - XERI STOCK NEWS

Xeriant has announced plans to scale up the manufacturing of its eco-friendly NEXBOARD construction panels after completing its final pilot production run. The company is taking significant steps toward financing and setting up dedicated production facilities by selecting specialized equipment and visiting potential manufacturing sites. Xeriant recently attended the NPE2024 Plastics Show in Orlando, focusing on recycling and sustainability. They held multiple meetings with manufacturers for the required machinery and discussed financing options with investment bankers, including tax-free 'green' bonds.

NEXBOARD targets the green construction materials market, projected to reach $1.2 trillion by 2032. These panels aim to provide durable, long-lasting alternatives to conventional building materials, addressing environmental concerns like resource consumption, waste production, and CO2 emissions. CEO Keith Duffy expressed optimism about meeting market demand through new, customized manufacturing plants.

Xeriant announced updates on its NEXBOARD eco-friendly construction panels, highlighting successful pilot production runs and ongoing certification efforts. The panels, developed using a U.S. contract manufacturer, have undergone extensive internal and third-party testing, leading to significant improvements in weight and rigidity.

The company is preparing for its third production run, monitored by an accredited testing agency, aiming to pass the stringent NFPA 286 fire safety test. Recent trials have provided valuable data to refine panel composition, and Xeriant is confident in meeting U.S. building standards.

With a federal goal of creating two million affordable homes, NEXBOARD is poised to lead in the green construction materials market, projected to reach $1.2 trillion by 2032. Xeriant plans to scale production via large manufacturing centers across the U.S. upon certification.

Xeriant, Inc. (OTCQB: XERI) announced its participation in NPE 2024: The Plastics Show, held from May 6 to May 10, 2024, at the Orange County Convention Center in Orlando, Florida. This event is the largest plastics trade show in the Americas.

Xeriant's attendance highlights its commitment to innovation and sustainability, particularly in the development of its eco-friendly NEXBOARD(TM) composite building panel. Made from recycled plastic and cardboard waste, NEXBOARD(TM) offers a sustainable alternative to traditional building materials. The company aimed to increase brand awareness and initiate discussions for potential collaborations and joint ventures.

Keith Duffy, CEO of Xeriant, emphasized that the event provided a valuable platform to showcase their technology and connect with industry leaders, suppliers, and potential clients, which could accelerate the company's business growth.

Xeriant, Inc. has signed a Memorandum of Understanding with a recycling and compounding innovator, signaling a key step in implementing its proprietary manufacturing process and securing certifications. The partnership aims to benefit Xeriant in strategic areas critical to the success of its NEXBOARD and future DUREVER™ products.

Xeriant, Inc. (OTCQB: XERI) announces completion of R&D fire testing for NEXBOARD™, an eco-friendly, patent-pending composite building panel made from repurposed waste. The company is preparing for pilot production to secure NFPA 286 certification, aiming to demonstrate NEXBOARD's unique properties and secure customer contracts.

Xeriant, Inc. (XERI) expressed gratitude to shareholders and partners in a Thanksgiving message from CEO Keith Duffy. The company focused on developing advanced composites for the construction industry, particularly NEXBOARD™, a durable, eco-friendly alternative to traditional building materials. Xeriant has made significant progress in fine-tuning the composite mix, optimizing fire retardant, securing materials supply, designing manufacturing equipment, and filing a patent. Despite testing delays, the company remains optimistic about NEXBOARD's commercialization and has enhanced the product's features, receiving positive feedback from industry players.

Xeriant releases videos demonstrating strength and fire resistance of NEXBOARD. Sample boards to be sent for testing and potential sales agreements with homebuilders and construction companies. Trend towards green building materials expected to accelerate. Certifications could be completed within the next few weeks.

Xeriant engages testing agencies to assess NEXBOARD's properties

Xeriant, Inc. appoints Petr Pařil, Ph.D. as Senior Advisor to its Advanced Materials Scientific Advisory Board. Dr. Pařil has expertise in the development and testing of green composite materials and wood impregnation technologies. He has been actively involved with the development of Xeriant's green composite building materials and fire retardants. His research projects include the development of agglomerated plastic and wood waste materials. Dr. Pařil's appointment will further the development of Xeriant's green fire-resistant NEXBOARD product.