XER TECH HOLDING AB
NNGM:XER1.28
SEK
-0.13
(-9.22%)
ISIN
SE0017768658
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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- CEO
- Erik Herlyn
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- Stockholm Sweden
- IPO Date
- Apr 11, 2022
- Website
- xer-tech.com
- Similar Companies
- Business
- Xer Tech Holding AB is a Sweden-based aerospace and robotics technology company that specializes in the design, development, manufacturing, and commercialization of heavy-duty, long-endurance unmanned aerial vehicle (UAV) systems and industrial drone solutions. The company delivers high-performance hybrid-electric multicopter platforms engineered for mission-critical industrial, enterprise, public safety, and defense applications. Xer Tech Holding AB operates primarily through its operational subsidiary, Xer Technologies AG, maintaining research, development, and manufacturing operations in Switzerland alongside corporate headquarters in Sweden. The company's product and service portfolio encompasses: heavy-payload, long-endurance hybrid-electric UAV platforms, including the flagship X8 multi-rotor series engineered for flight times of up to four hours; integrated hybrid powertrains combining internal combustion engines with electric propulsion for extended range and adverse-weather resilience; proprietary flight control avionics, secure data-link communications, and ground control station (GCS) software; modular sensor and payload integration suites featuring electro-optical and infrared (EO/IR) cameras, LiDAR mapping systems, multispectral sensors, and optical gas imaging detectors; Drone-as-a-Service (DaaS) aerial data collection; comprehensive fleet maintenance, repair, and overhaul (MRO) services; specialized engineering and systems integration; and professional operator flight training, technical certification, and mission support services. These offerings serve commercial and governmental end markets across powerline and pipeline infrastructure inspection, renewable energy monitoring, railway surveillance, search and rescue, disaster response, precision agriculture, forestry, and environmental surveying. In recent developments, Xer Tech Holding AB has executed strategic initiatives to accelerate international commercialization and expand its production capabilities. The company completed its public listing on the Nordic SME market of the Nordic Growth Market (NGM) under the ticker symbol XER to support its global expansion and working capital requirements. To meet rising market demand, the company secured equity financing rounds to ramp up assembly operations at its Swiss production facility and build out international sales channels across Europe, the Middle East, and the Asia-Pacific region. Xer Tech Holding AB has established strategic distribution, service, and sensor integration partnerships with specialized aerospace technology distributors and commercial drone service providers. Additionally, the company launched enhanced variants of its X8 platform featuring upgraded payload capacities, refined hybrid power management, and advanced autonomous navigation capabilities. Xer Tech Holding AB was founded in 2021 and is headquartered in Stockholm, Sweden, with primary operational and engineering facilities located in Zurich, Switzerland.