XLON
XSG
Market cap10mUSD
Jul 09, Last price
1.48GBP
1D
-1.33%
1Q
28.70%
Jan 2017
-99.99%
IPO
-99.98%
Name
Xeros Technology Group PLC
Chart & Performance
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Profile
Xeros Technology Group plc specializes in the development and commercialization of advanced polymer-based technologies, with a presence spanning Europe, North America, and other international regions. The company's core mission involves pioneering polymer solutions designed as environmentally friendlier alternatives to traditional water-intensive methods. These innovations significantly cut down on water usage, reduce energy consumption, and curtail microplastic pollution in applications ranging from textile and apparel manufacturing to both industrial and domestic laundry processes. Key products include XOrbs, a reusable polymer bead technology that replaces abrasive pumice, thereby saving water, energy, and chemicals when washing and caring for clothes in commercial and household machines. The XDrum system complements XOrbs by facilitating their collection and storage. Furthermore, Xeros offers XFilter, a washing machine filtration system engineered to prevent harmful microfibers from entering rivers and oceans. Initially incorporated in 2013 as Hamsard 3323 Limited, the company rebranded to Xeros Technology Group plc in March 2014 and is headquartered in Rotherham, United Kingdom.
Valuation
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