Xeriant, Inc. (OTCQB: XERI) announced the U.S. Patent and Trademark Office has issued a Notice of Allowance for its patent covering a proprietary multilayered fire-resistant composite and manufacturing method, a key milestone for its DUREVER(TM) materials platform. The technology, featured in the company's NEXBOARD(TM) composite wallboard, is advancing toward certification testing and is designed to deliver enhanced fire resistance, strength, and sustainability across multiple industries.
According to the press release, the patent covers a unique multilayered composite that offers superior fire resistance compared to traditional materials. This innovation is central to Xeriant's strategy to disrupt the construction materials market with eco-friendly alternatives. NEXBOARD, made from plastic and fiber waste, aims to replace drywall, plywood, OSB, MDF, and MgO board. The Notice of Allowance indicates the patent is likely to be granted, providing intellectual property protection that could give Xeriant a competitive edge.
The implications of this announcement are significant for the construction industry, which has long sought cost-effective, fire-resistant materials that also reduce environmental impact. NEXBOARD's composition from waste materials addresses sustainability concerns while offering improved performance. If certification testing is successful, the product could see adoption in residential and commercial construction, potentially reducing fire risks and promoting circular economy practices.
Xeriant is also pursuing international patent protection, indicating plans to expand globally. The company's DUREVER brand, under which NEXBOARD is marketed, represents a portfolio of advanced materials targeting multiple sectors, including construction, automotive, and aerospace. By securing IP rights, Xeriant aims to establish a strong market position and attract partners or licensees.
Investors and industry observers will watch for the outcome of certification testing, which will be critical for commercial viability. The Notice of Allowance is a positive signal, but the path to market involves further validation and scaling. The company's focus on transformative technologies and acquisition of strategic interests suggests a broader vision to become a leader in sustainable materials.
For more details, the full press release is available at https://ibn.fm/04N8u. Additional news and updates on XERI can be found in the company's newsroom at https://ibn.fm/XERI.
