Xeros has confirmed a joint development and product launch agreement with a global OEM, which intends to mass-produce domestic washing machines incorporating Xeros technology across North and Latin America – a market in which it sells c7m domestic washing machines per year. The milestone agreement provides a clear pathway to commercialisation within 12-18 months, with revenue to be generated through XOrb sales and royalty payments via the Xeros Certification Mark. The Group anticipates similar a ....
