Xer Technologies, a developer of multirotor heavy-duty drones, has reached a major corporate milestone, officially becoming a publicly traded company.
Shares of Xer Technologies can now be traded on a Swedish stock market under the current ticker symbol RVN, which will soon change to XER.
The public listing represents a transaction valued at approximately USD 10 million and introduces thousands of new shareholders from the first day of trading. By going public, Xer Technologies is enabling participation from institutional investors as well as private and smaller investors.
The company operates at the intersection of safety and security in Europe, transformation and pressure in the energy sector, and meaningful CO₂ reductions achieved by replacing helicopters and improving methane-leak detection in the oil and gas industry.
The listing provides Xer Technologies with the financial resources needed to execute its mission of delivering reliable, actionable data acquisition solutions that are faster, safer, and more cost-effective than existing alternatives. The funding will support continued technology refinement, production growth, and market scaling.
As a public company, Xer Technologies has committed to transparency, stating it will openly communicate financial results, successes, and challenges. The company views this openness as a core element in building trust and creating long-term value.
The listing marks an important next step in Xer Technologies’ development, supporting its continued growth alongside shareholders, customers, partners, and its team.
