2960: Neil Austin of Xeros Technology: This Technology Should Feature in Every Washing Machine
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2960: Neil Austin of Xeros Technology: This Technology Should Feature in Every Washing Machine
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Neil Austin of Xeros Technology: This Technology Should Feature in Every Washing Machine
Xeros Technology was recognized for its innovation by TIME magazine, which named its technology one of the "Best Inventions" in 2010.
Whilst it has taken a long time to commercialise this technology, it is as relevant (arguably more so) in today’s world as it was in 2010.
Its IP protected tech can reduce water usage by up to 80%, energy & chemical consumption by up to 50% plus it can also improve a garments lifecycle by 100%.
Why this company is worth researching now is because they have just raised money which could take them to profitability and have also signed a significant contract with a major washing machine manufacturer (in the top 10 of the world and are in discussions with 3 others).
To find out more about Xeros Technology #XSG visit their website:
https://xerostech.com/
Nothing in the podcast should be considered as investment advice. All content is for information purposes only. Please seek investment advice from an FCA regulated advisor.
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