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Posted at 03/12/2023 08:20 by Xeros Technology Daily Update Xeros Technology Group Plc is listed in the Industrial Patterns sector of the London Stock Exchange with ticker XSG. The last closing price for Xeros Technology was 3.15p.
Xeros Technology currently has 150,982,535 shares in issue. The market capitalisation of Xeros Technology is £4,755,950.
Xeros Technology has a price to earnings ratio (PE ratio) of -0.69.
This morning XSG shares opened at 3.15p
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Posted at 09/11/2023 15:56 by raleigh43
Let’s see if new eco regs also ratchet up the xsg client action and portfolio.
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Posted at 03/11/2023 17:18 by nivison
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Posted at 17/10/2023 09:41 by jpuff
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Posted at 16/10/2023 10:12 by tomps2
Xeros Technologies CEO, Neil Austin, Finance Director, Alex Tristram, Tom Cobb, Group Product Development Officer and Alasdair Scott, Filtration product owner introduce Xeros, providing an overview of their technologies and the opportunities for the group.
Watch the video here:
Or listen to the podcast here:
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Posted at 17/5/2023 14:25 by melloteam
We have created a two day physical investor conference (23rd & 24th May) at the Clayton Hotel and Conference Centre in Chiswick that will include 15 top quality keynote speakers, 12 educational workshops and panel sessions, 50 exhibiting companies plus over 80 company presentations for investors to evaluate and understand their current or future investments. For a £25 bonus add-on price delegates at Mello2023 are also invited to make it a three day visit and join us for the Mello2023 Virtual event the day after, Thursday 25th May.
Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
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Posted at 19/4/2023 19:17 by beerboy02
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Posted at 20/3/2023 07:15 by someuwin
Xeros Technology Group plc
('Xeros' or the 'Company' or the 'Group')
Third Global Domestic XFilter Licensing Agreement
Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, today announces the signing of a third licensing agreement for its XFilter filtration technology with another global component manufacturer, ('the Partner' or 'Manufacturer').
Following the announcements of signed agreements with Hanning in June 2022, and a second supplier announced earlier this month, this third agreement further increases Xeros' market access, with the potential to deliver substantial revenues over the term of the license. Under the terms of the 10-year, non-exclusive agreement, the Partner is licensed to manufacture and sell filters incorporating Xeros' proprietary XFilter technology on a global basis. As with the first two agreements Xeros will receive a royalty per filter device sold by the Partner.
The Manufacturer, headquartered in Northern Europe with production facilities across the US, Asia, and Europe, is a significant supplier of home appliance components alongside waste management solutions with annual turnover of c.€180m. The Partner supplies components for the world's largest domestic washing machine manufacturers, with a high proportion of its customers, including Haier, Midea, LG, Panasonic, Samsung and Whirlpool, operating across the US and Asia markets.
The XFilter filtration technology enables washing machine manufacturers to provide consumers with the ability to capture, and easily and safely dispose of, over 90% of microfibres, including microplastics released during laundry cycles. The filters are built into the washing machine and are designed to last the life of a machine.
Legislation in France requiring the fitting of microfibre filters in all domestic washing machines will come into effect on 1 January 2025. Similar legislation is in development in the UK, California, and the EU.
Neil Austin, Chief Executive Officer of Xeros, said:
"We are very pleased to announce another licensing agreement in such quick succession.
"The fact that three of Europe's leading component suppliers have chosen to partner with Xeros clearly demonstrates that Xeros' XFilter technology is widely regarded and believed in by multiple manufacturers."
"We look forward to updating the market in due course and to working alongside our new partners."
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Posted at 10/3/2023 12:33 by wheeze
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Posted at 09/3/2023 09:12 by someuwin
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Posted at 09/11/2020 07:29 by jpuff
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