Xeriant Inc (XERI) Earnings

Xeriant, Inc. is an aircraft design and development company, which engages in the acquisition, development, and proliferation of next generation hybrid-electric and fully electric aircraft with vertical takeoff and landing capabilities, performance enhancing aerospace technologies and advanced materials, as well as critical support infrastructure. The company is headquartered in Boca Raton, Florida. The company went IPO on 2011-02-09. The firm is focused on the development and commercialization of eco-friendly advanced materials which have applications across a broad range of industries. Its advanced materials line will be marketed under the DUREVER brand, and includes NEXBOARD, an eco-friendly, patent-pending composite building panel made from plastic and cellulose waste and a proprietary flame retardant, primarily designed to be a replacement for traditional building materials such as drywall, plywood, OSB, MDF, MgO board and other materials used in construction. Its Technology focus include Powered Lift Aircraft, Unmanned Aerial Systems, Urban Air Mobility, Propulsion Systems, Advanced Materials, and Artificial Intelligence.