Xeriant and UAV Corp signed a Memorandum of Understanding to pursue a strategic combination through a merger or acquisition, integrating Xeriant's advanced materials into UAV Corp's airships and drones.
Xeriant Inc. signed a 50/50 joint venture agreement with Movychem s.r.o. to acquire exclusive worldwide rights to the Retacell eco-friendly fire retardant technology and commercialize it.
Xeriant and Movychem signed a definitive agreement to establish a 50/50 joint venture that has acquired exclusive worldwide rights to the patented Retacell eco-friendly fire retardant technology. The joint venture will develop applications and commercialize products derived from Retacell.
Xeriant and XTI Aircraft have executed a Letter of Intent to pursue a merger whereby Xeriant would acquire 100% of XTI's shares. The parties will negotiate a definitive merger agreement by October 22, 2021.
Xeriant signed a definitive joint venture agreement with XTI Aircraft Company to develop XTI's hybrid-electric fixed-wing TriFan 600 VTOL aircraft. The aircraft has presales exceeding $1.3 billion.