Xeros raises £3m to bolster balance sheet, launches retail offer
7th Nov 2025 13:09
(Sharecast News) - Xeros Technology Group announced on Friday that it has conditionally raised £3m through a placing and initial subscription, and launched a retail offer, as the AIM-traded cleantech company looked for up to £6m in total to strengthen its balance sheet and accelerate commercialisation of its laundry and garment-care technologies.
Read moreXeros Technology signs LOI with 'major electronics distributor'
5th Feb 2025 09:40
(Sharecast News) - Xeros Technology said on Wednesday that it has signed a Letter of Intent with a major electronics distributor for an initial order of the XF3 external microfibre plug-and-go filter.
Read moreXeros shares tumble as it slashes revenue, earnings expectations
5th Sep 2024 14:19
(Sharecast News) - Textile industry environmental innovator Xeros Technology announced a delay in the mass market launch of a new nine-kilogram washing machine by its Indian licensee IFB Industries on Thursday.
Read moreXeros inks filter deal with global laundry component maker
9th Mar 2023 13:57
(Sharecast News) - Xeros Technology Group announced a new licensing agreement with a global component manufacturer for its 'XFilter' filtration technology on Thursday.
Read moreXeros Technology appoints new director of finance
1st Mar 2023 14:44
(Sharecast News) - Laundry technology developer Xeros announced the appointment of Alex Tristram as its director of finance and company secretary on Thursday.
Read moreXeros reports progress with India laundry machine partner
21st Dec 2022 12:21
(Sharecast News) - Clothing and laundry technology developer Xeros updated the market on Wednesday on its domestic and commercial laundry partnership with IFB Industries - India's largest domestic and commercial washing machine manufacturer.
Read moreXeros surges on licensing deal with German components maker
14th Jun 2022 15:21
(Sharecast News) - Laundry technology developer Xeros announced the signing of a licensing agreement for its 'XFilter' filtration technology with Hanning Elektro-Werke.
Read moreXeros progressing towards delayed India consumer launch
8th Jun 2022 13:26
(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.
Read moreXeros warns on profitability amid fresh China lockdowns
31st Mar 2022 16:02
(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".
Read moreXeros signs deals with two domestic washing machine makers
6th Jul 2021 11:23
(Sharecast News) - Clothing and fabric longevity technology company Xeros has signed agreements with two domestic washing machine manufacturers, it announced on Tuesday, to test and trial its microfibre filtration technology 'XFiltra'.
Read moreXeros partner launches washing machine with its technology
12th May 2021 16:21
(Sharecast News) - Clothing and fabrics sustainability and economics technology company Xeros Technology Group announced on Wednesday that its licence partner in China, Jiangsu SeaLion Machinery Company, had launched its 'Hydrology' brand, comprising a range of commercial washing machines incorporating its 'XOrb' and 'XDrum' technologies.
Read moreXeros tech to be used in India denim-finishing machines
25th Nov 2020 12:48
(Sharecast News) - Clothing and fabric platform technologies company Xeros Technology Group announced on Wednesday that its Indian license partner Ramsons Garment Finishing Equipment has received an order for nine denim finishing machines incorporating Xeros' technologies.
Read moreXeros narrows losses as licensees delay launch plans
23rd Sep 2020 11:06
(Sharecast News) - Clothing and fabrics technology company Xeros announced a 59.8% reduction in its adjusted EBITDA loss in its first half on Wednesday, to £3.0m, as it confirmed its licensees had delayed some market launch plans.
Read moreXeros shares surge on deal with washing machine maker
17th Mar 2020 15:05
(Sharecast News) - Water saving and filtration technology company Xeros Technology Group has signed a joint development agreement with an unnamed "global leader" in commercial laundry, it announced on Tuesday, with the aim of incorporating its microplastic filtration system 'XFiltra' into commercial washing machines.
Read moreThursday broker round-up
19th Sep 2019 13:29
(Sharecast News) - Ferguson: RBC Capital Markets downgrades to underperform with a target price of 5,100p.
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