-+ 0.00%
-+ 0.00%
-+ 0.00%

Xer Tech Plans to Enter Commercial Security Market

MT Newswires·08/17/2026 05:35:54
Listen to the news
05:35 AM EDT, 08/17/2026 (MT Newswires) -- Unmanned aircraft systems developer Xer Tech Holding (XER.ST, XSG.L) plans to expand into the commercial security market, according to a Monday release. The company intends to collaborate with security providers to integrate drone-in-a-box systems, advanced sensors and other technologies into conventional security services to protect sites, including power plants, data centers, harbors and logistics hubs. Xer Tech is in talks with several Nordic security providers for potential partnerships, collaborations or acquisitions. To facilitate the expansion, the company plans to amend its articles of association, which will be put to a shareholder vote at an extraordinary general meeting Sept. 17.