| Aerospace & Defense Industry | Industrials Sector | Mr. Keith F. Duffy CEO | OTC PINK Exchange | 98422N103 CUSIP |
| US Country | 3 Employees | - Last Dividend | 16 Oct 2013 Last Split | - IPO Date |
Xeriant, Inc., known in the aerospace sector as Xeriant Aerospace, is a prominent American aerospace technology and advanced materials holding company. It is dedicated to the strategic acquisition, development, and distribution of innovative aerospace solutions, particularly focusing on hybrid-electric and fully electric aircraft that possess vertical takeoff and landing (VTOL) capabilities. Beyond aircraft development, Xeriant's interests extend into the realms of performance-enhancing aerospace technologies, state-of-the-art materials, and the necessary support infrastructure for these advancements. Originally established under the name Banjo & Matilda, Inc., the company underwent a significant rebranding to Xeriant, Inc. in June 2020, marking a new era in its corporate evolution. Since its incorporation in 2009, Xeriant has positioned its headquarters in Boca Raton, Florida, establishing itself as a forward-thinking player in the aerospace industry.
Xeriant Aerospace specializes in the cutting-edge development of hybrid-electric and fully electric aircraft equipped with vertical takeoff and landing (VTOL) capabilities. This focus aligns with the growing imperative for environmentally-friendly and efficient aviation solutions, catering to the emerging market demands for sustainable transportation. By pioneering in this space, Xeriant aims to redefine air mobility, offering aircraft that combine innovation with the practical benefits of reduced emissions and noise, alongside enhanced operational versatility.
At its core, Xeriant is invested in the advancement of aerospace technologies that promise to enhance the performance, safety, and efficiency of air vehicles. This encompasses a broad spectrum of innovations, from propulsion systems to materials science. By pushing the boundaries of what's currently possible, Xeriant hopes to contribute to the next generation of aerospace technology, driving the industry forward through its research and development efforts.
Understanding the critical role of materials in aerospace engineering, Xeriant also dives deeply into the research and application of advanced materials. These endeavors aim at discovering and utilizing new materials that offer superior performance, durability, and weight advantages. The integration of such materials into aircraft design not only enhances overall vehicle performance but also plays a vital role in the quest for more sustainable and efficient aviation solutions.
A key innovation in Xeriant's portfolio is Halo, a patented VTOL drone/aircraft concept. Halo represents the company's commitment to pioneering in the airspace sector, offering a unique blend of drone flexibility with aircraft capability. This concept is geared towards revolutionizing aspects of cargo delivery, surveillance, and passenger transport, showcasing Xeriant's innovative edge and its potential to contribute significantly to the future of VTOL technology.