Xeros Technology (GB:XSG) has released an update.
Xeros Technology Group plc has announced the appointment of Paul Jourdan from Amati Global Investors as a board observer following a new Observer Agreement, signaling a strategic move given Amati’s substantial shareholding in the company. Xeros, known for its revolutionary technologies aimed at reducing the clothing industry’s environmental footprint, is poised for growth with 8 licensing agreements already in place, targeting substantial annual market opportunities across its product technologies.
For further insights into GB:XSG stock, check out TipRanks’ Stock Analysis page.