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Xeros Technology ( (GB:XSG) ) has shared an announcement.
Xeros Technology Group plc announced the scheduling of its Annual General Meeting for June 19, 2025, and the distribution of its Annual Report to shareholders. The company’s innovative technologies are positioned to significantly reduce the environmental impact of the clothing industry, aligning with increasing regulatory and consumer pressures for sustainable practices. Xeros’ business model, which includes licensing and royalties, is supported by eight current agreements and targets substantial market opportunities in its key technology areas.
More about Xeros Technology
Xeros Technology plc is a company that has developed patented technologies aimed at reducing the environmental impact of the clothing industry. Their solutions address the excessive use of water, energy, and chemicals in traditional laundry and garment manufacturing processes, which contribute to pollution and microplastic release. Xeros generates revenue through licensing its technologies, with current agreements in place across various sectors, including Microfibre Filter, Laundry Care, and Garment Finishing, with significant market potential.
Average Trading Volume: 1,197,637
Technical Sentiment Signal: Hold
Current Market Cap: £8.07M
For a thorough assessment of XSG stock, go to TipRanks’ Stock Analysis page.