XERIANT INC - XERI STOCK NEWS

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.

Xeriant, Inc. (OTCQB: XERI) has completed pre-certification testing for its eco-friendly Retacell® flame retardant, applicable to synthetic fabrics widely used in various industries. The company aims to provide a safer alternative as regulations tighten on toxic substances, evidenced by the EU's ban on 12,000 harmful chemicals. Xeriant plans to present these results to a global textile manufacturer and develop a bulk additive for cost-efficient production. The global synthetic textiles market is projected to grow from $60 billion in 2020 to $100 billion by 2028, highlighting significant market potential.

Xeriant, Inc. (OTCQB: XERI), an aerospace firm focused on Advanced Air Mobility (AAM), announces a forthcoming press conference to reveal significant developments, tentatively scheduled for late June. The company specializes in eco-friendly, electrically powered aircraft capable of vertical takeoff and landing, while also pursuing strategic partnerships to enhance its mission. The announcement highlights Xeriant's commitment to innovation in aviation technology and the importance of evolving infrastructure to support AAM.