Xeriant, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $10.9M
- Price
- $0.01
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.02%
- Volume
- 921.2K
About
Xeriant, Inc., which operates under the name Xeriant Aerospace, is an American holding company focused on aerospace technology and advanced materials. Its core activities involve the acquisition, development, and commercialization of innovative solutions, including hybrid-electric and all-electric aircraft equipped with vertical takeoff and landing (VTOL) capabilities, cutting-edge aerospace technologies designed to boost performance, sophisticated advanced materials, and the essential infrastructure required to support these advancements. Furthermore, Xeriant possesses the patent for 'Halo,' a unique VTOL drone/aircraft concept. The company, initially established in 2009 as Banjo & Matilda, Inc., officially rebranded to Xeriant, Inc. in June 2020. Its corporate headquarters are located in Boca Raton, Florida.
Quick stats
Shares outstanding1.1B
Computed float1.1B
Float / shares96.8%
Key info
SectorIndustrials
IndustryAerospace & Defense
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001481504
Websitehttps://www.xeriant.com
AI Summary
AI-generated1/26
minorbullishoperations update
Xeriant Achieves Nearly 25% NexBoard™ Weight Reduction
Xeriant reports it achieved a nearly 25% weight reduction in NexBoard during ongoing production at its contract manufacturer, while maintaining the panel's dimensions and strength.
Panels from the production run are being used to fill sample requests from leading homebuilders and commercial construction firms evaluating NexBoard as a universal construction panel.
Lower weight improves handling and installation and cuts freight and materials costs, supporting the commercialization case for the DUREVER-branded eco-friendly composite panel.