Article

Xer Tech Holding is now trading on the Spotlight Stock Market under the ticker XER, following a transaction worth around USD 10 million. This milestone strengthens the company's financial position and broadens its shareholder base, facilitating expansion.

Xer Technologies focuses on delivering actionable aerial data with lower costs and energy consumption compared to traditional methods. The company operates in the European safety and security sector, aiming to enhance its hybrid-electric drone technology, increase production capacity, and penetrate civil and defense markets.