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RNS Number : 3848V Xeros Technology Group plc 05 March 2026
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS
DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF
MAR.
5 March 2026
Xeros Technology Group plc
("Xeros," the "Group" or the "Company")
Purchase Order ahead of European Launch of XF3
Europe's largest Consumer Electronics retailer partners with Xeros
on External Microfibre Filter
Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce
the impact of clothing on the planet, is pleased to announce that its XF3
manufacturing partner Donlim, has received a Purchase Order from MediaMarkt,
Europe's largest consumer electronics retailer for an initial production run
of XF3 units.
The XF3 Microfibre Filtration unit will be launched under MediaMarkt's 'in
house' brand, Koenic, and will feature Xeros Technology as a sub brand.
MediaMarkt has over a thousand stores throughout continental Europe and
turnover of €23 billion. Further details of the launch plans will be
announced in due course, but we can confirm that the units will be sold into
major European cities and are anticipated to be available in stores in late
calendar Q2 2026.
Product Care Group, the distributor for the Russell Hobbs branded unit, have
informed us that they are on track to also launch the XF3 in late Q2 into UK
electronic consumer retailers, and we will provide further details soon.
The third partner for the XF3, which we have reported on previously, is a
major global appliance manufacturer and one of the world's largest producers
of washing machines. This process is now in its final stages and also on track
to launch in the current calendar year.
We continue to attract attention from major global washing machine brands and
retailers alike and have a strong pipeline for further partnerships.
In addition, the XF3 unit recently underwent independent verification with the
Hohenstein Institute, and we are pleased to report that the unit outperformed
our current claims. In microfibre capture it is now certified as providing 98%
capture rate which is market leading.
Xeros entered into a strategic partnership agreement with Donlim in September
2024, which included a contract for Donlim to manufacture Xeros' External
Microfibre Filter, XF3 under licence.
Neil Austin, CEO of Xeros said: "We are excited to be able to confirm the
identity of our second launch partner for XF3. MediaMarkt are unparalleled
in their size and reach across Europe. Their decision to partner with Xeros to
provide a solution to microfibre pollution is a significant endorsement for
the pre-eminence of our technology.
"The independent verification by Hohenstein was undertaken as part of the
testing process. We have always been confident that our filter is the market
leader in terms of performance and capture, and these independent results give
confidence for the units' market potential."
Enquiries
Xeros Technology Group plc Tel: 0114 269 9656
Neil Austin, Chief Executive Officer
Alex Tristram, Director of Finance
Cavendish Capital Markets Limited (Nominated Adviser and Broker) Tel: 020 7220 0500
Julian Blunt/Teddy Whiley, Corporate Finance
Andrew Burdis/Sunila de Silva, ECM
Rawlings Financial PR Limited
Keeley Clarke Mob: 07967 816 525
Cat Valentine Email: Xeros@rfpr.co.uk
About Xeros
Xeros Technology plc has developed patented and proven, industry-leading
technologies which reduce the environmental impact of how industries make and
care for clothes.
The traditional wet processing methods used in industrial and domestic laundry
and garment manufacturing consume billions of litres of fresh water and large
amounts of energy and chemicals, as well as damaging and weakening clothing
fibres and creating rising levels of environmental pollution. It is estimated
that washing machines contribute 35% of the 171 trillion microplastic
particles in the ocean.
A range of actors, including consumers, the media NGOs and regulators are
exerting pressure on these industries, with legislative action beginning to be
taken.
Xeros' three main technologies, Microfibre Filter, Laundry Care, and Garment
Finishing, facilitate garment manufacturers, industrial laundries, domestic
washing machine manufacturers and consumers, to reduce their environmental
impact, whilst also significantly improving efficiency in the process.
Xeros' model is to generate revenue from licensing its technologies,
generating royalties and the sale of consumables. Currently there are eight
agreements in place. The addressable markets in Microfibre Filter, Laundry
Care, and Garment Finishing are estimated to be valued at £350m p.a., £3bn
p.a. and £132m p.a. respectively.
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