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Share Price Information for Xeros Tech (XSG)

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Share Price: 1.325
Bid: 1.30
Ask: 1.35
Change: 0.00 (0.00%)
Spread: 0.05 (3.846%)
Open: 1.325
High: 1.325
Low: 1.325
Prev. Close: 1.325
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Xeros Tech launches polymer cleaning solution for firefighters' equipment

Tue, 14th Feb 2017 08:45

(ShareCast News) - Xeros Technology Group, a developer of patented polymer based systems, launched a polymer cleaning solution for firefighters' personal protection equipment on Tuesday.The US-approved personal protection equipment solution is part of Xeros' existing Sbeadycare service and is available to more than 58,000 fire stations in the US and it can also be used to clean high performance workwear and protective equipment in other markets such as petroleum, mining, construction and military firms.The cleaning removes harmful contaminants as well as extends the life of the firefighting garments and is compliant with the US National Fire Protection Association.Chief executive Mark Nichols said: "Our ability to meet the highest performance requirements of firefighter personal protection equipment cleaning whilst simultaneously delivering significant operational benefits provides further evidence of good progress on our objective to become the de facto standard for cleaning high performance workwear."This market is a significant addition to that of our existing on-premise laundry business and another example of commercialising our intellectual property across multiple large scale global industries."Shares in Xeros Technology Group were down 0.1% to 249.51p at 0808 GMT.
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22 Jun 2022 11:15

Xeros Technology expects to break even in 2024 as pretax loss narrows

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22 Jun 2022 11:00

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Xeros surges on licensing deal with German components maker

(Sharecast News) - Laundry technology developer Xeros announced the signing of a licensing agreement for its 'XFilter' filtration technology with Hanning Elektro-Werke.

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14 Jun 2022 12:02

LONDON MARKET MIDDAY: Rebound stumbles as US Fed hike jitters grow

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14 Jun 2022 11:01

Xeros Technology shares double on 10-year XFilter licensing deal

(Alliance News) - Xeros Technology Group PLC shares more than doubled on Tuesday after the firm's washing machine filtration technology was accredited and then signed a licensing agreement.

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14 Jun 2022 10:44

AIM WINNERS & LOSERS: Xeros shares double on "transformational" deal

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8 Jun 2022 13:26

Xeros progressing towards delayed India consumer launch

(Sharecast News) - Sustainability-focussed laundry technology developer Xeros updated the market on the upcoming India domestic market launch of the first Xeros-enabled domestic washing machine on Wednesday, by IFB Industries.

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8 Jun 2022 12:17

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31 Mar 2022 16:02

Xeros warns on profitability amid fresh China lockdowns

(Sharecast News) - Clothing and fabric proprietary technology developer Xeros updated the market on its commercialisation strategy on Thursday, noting that since its last update in January, India had exited its third Covid-19 wave and was operating "near normal".

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31 Mar 2022 10:31

IN BRIEF: Xeros falls as profit goal delayed; admits need for funding

Xeros Technology Group PLC- Rotherham, England-based developer and licensor of platform technologies - No longer expects to reach month-on-month earnings before interest, tax, depreciation and amortisation profitability and breakeven in the first quarter of 2023. Xeros now expects to reach profitability and breakeven in 2024. This, it explains, is as a result of China increasing major lockdowns and India's slow return to normal operations after its third Covid wave.

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31 Mar 2022 10:21

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