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Xeriant Inc (XERI) is a company focused on the discovery, development, and commercialization of aerospace technologies and advanced materials. Founded by Belynda Macpherson in 2009, the company created NEXBOARD™, an eco-friendly composite building panel made from recycled plastic and cardboard waste. Xeriant aims to transform the construction industry by offering sustainable alternatives to traditional building materials such as drywall and plywood.
Xeriant, Inc. (OTCQB: XERI) has announced a Letter of Intent to merge with XTI Aircraft Company, the developer of the TriFan 600, a next-generation hybrid-electric VTOL aircraft. The merger aims for Xeriant to acquire 100% of XTI's shares, with plans to finalize a definitive agreement by October 22, 2021. Maxim Group LLC has been retained as a financial advisor for this transaction, which may also facilitate an uplisting of Xeriant’s stock to a national exchange.
Xeriant, Inc. has appointed Robert Carullo to its Advisory Board, bringing extensive experience in aircraft development and defense contracting. Carullo has managed numerous aviation projects, including the V-22 Osprey, and has overseen significant budgets. He aims to leverage his expertise to advance Xeriant's initiatives in Advanced Air Mobility (AAM). Following his government career, he has consulted for various aerospace firms and leads the SMART Congressional Initiative, focusing on technological growth in the mid-Atlantic region.
Xeriant, Inc. (XERI) has uplisted its common stock to the OTCQB Venture Market, enhancing its visibility and potentially broadening its shareholder base. The move follows the company's joint venture with XTI Aircraft, aimed at developing the TriFan 600, a revolutionary hybrid-electric aircraft with over $1.3 billion in preorders. The OTCQB uplisting is expected to provide investors with improved transparency and trading liquidity, being recognized by the SEC for its established public market.
Xeriant, Inc. has appointed Dave Zajac to its Advisory Board to enhance the commercialization of advanced materials and chemicals. Zajac, former General Manager at PPG Industries, will oversee testing and certification processes for innovative technologies, including Movychem's Retacell™ fire protectant. The company has a binding agreement with Xeriant Europe to distribute advanced materials in the U.S. and beyond, aiming for long-term contracts upon certification. The fire protection market is projected to reach $4.5T by 2030, and lubricants are expected to grow to $219B.
Xeriant, Inc. (OTC PINK: XERI) announces substantial media coverage for its joint venture with XTI Aircraft Company aimed at developing the TriFan 600 hybrid-electric VTOL aircraft. This venture highlights Xeriant's commitment to advancing aerospace technologies and sustainable flight solutions. Media attention spans both domestic and international outlets, signifying increased interest in Xeriant's initiatives. The collaboration is positioned within the broader context of Advanced Air Mobility, promoting innovation in aerial services.
Xeriant (OTC PINK: XERI) recently announced its relationship with XTI Aircraft Company through a press conference held at the Wings Over the Rockies Air & Space Museum in Denver, CO. The Robb Report highlighted XTI's TriFan 600, boasting impressive specifications including a top speed of 345 mph and a range of 1,380 miles. Xeriant has made the press conference and an informational video about the TriFan 600 available for viewing online. This joint venture emphasizes Xeriant's role in advancing aerospace technology and Advanced Air Mobility, positioning the company for potential growth.
Xeriant, Inc. (OTC PINK: XERI) is hosting an online press conference today at 4:30 p.m. ET, alongside XTI Aircraft Company, to announce a joint venture. The event will take place at the Wings Over the Rockies Air and Space Museum and will be streamed live for stakeholders and the press. Xeriant focuses on Advanced Air Mobility, enhancing sustainable flight operations with innovative aircraft technology. For updates, stakeholders can sign up for the Xeriant newsletter or follow them on Twitter.
Xeriant has entered a definitive joint venture with XTI Aircraft Company to develop the TriFan 600, a revolutionary hybrid-electric VTOL aircraft. This partnership aims to accelerate the aircraft's prototype and certification processes.
Current presales exceed $1.3 billion, indicating strong demand for the unique capabilities of the TriFan 600. The aircraft promises to transform the light commercial market, offering an eco-friendly and efficient travel option.
The press conference unveiling further details is scheduled for June 14, 2021.
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.
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