A pioneering eco-friendly Yorkshire company which is seeking to transform the way the world uses washing machines has revealed that it secured “significant operational and commercial progress” last year.
The Leeds University spin out Xeros Technology has developed water-saving and filtration technologies to reduce the impact of clothing on the planet. Xeros' three main technologies – Filtration, Finish, and Care –help manufacturers, industrial laundries, domestic washing machine manufacturers and consumers, to wash clothes more efficiently. Xeros' business model is to generate revenue from licensing its technologies.
The completion of these processes is a key milestone with both partners as it now enables the commercial roll-out of machines equipped with Xeros IP .” Neil Austin, the CEO, said: 'Our agreements with licensees moved closer to commercial launch, as we embarked on the crucial technology transfer process with both IFB and Yilmak Makina.
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