Xeriant Announces Strategic Alliance With Dynamic European Aircraft Manufacturer - Seite 2

ABOUT XERIANT

Xeriant, Inc. (d.b.a. Xeriant Aerospace) is a holding and operating company focused on acquiring, developing, and commercializing revolutionary, eco-friendly technologies with applications in aerospace, including innovative aircraft concepts targeting emerging opportunities within the aviation industry. In 2019, Xeriant acquired a unique, scalable, multi-purpose VTOL aerial platform called Halo, which is protected under a broad utility patent. Xeriant is located at the Research Park at Florida Atlantic University in Boca Raton, Florida adjacent to the Boca Raton Airport. The Company is an OTC Markets public company trading under the stock symbol, XERI. 

For further information, please visit https://xeriant.webflow.io/.

ABOUT PRAGA AVIA

PRAGA Avia, s.r.o., established in 1999, is a general aviation design, development, manufacturing and maintenance organization that is headquartered in Prague, Czech Republic. The company originally specialized in the installation of Walter Aircraft turboprop engines (now part of GE Aviation) and providing international support for the Let Kunovice L-410 twin-engine turboprop aircraft manufactured in the Czech Republic. PRAGA has a relationship with TECHNOAVIA, a Russian aircraft manufacturer located at the Smolensk Aviation Plant, for current production of the SM-92TE model Praga Alfa aircraft. The company’s objective is to produce the Alfa in the Czech Republic, where the company has three locations, including one at the Hradec Králové International Airport.

SAFE HARBOR FORWARD-LOOKING STATEMENTS

In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Xeriant, Inc. is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning our ability to attract investors.