Aerospace company focusing on Advanced Air Mobility, Xeriant (OTCMKTS:XERI), on May 9, 2022, announced the appointment of Steven Swanson, former NASA astronaut, engineer, and Commander of the International Space Station to its Board of Advisors.
Trading Data
On Monday, XERI stock moved down 11% to $0.0800 with more than 222K shares, compared to its average volume of 299K shares. The stock moved within a range of $0.0800 – 0.0897 after opening trade at $0.0800.
Former NASA Astronaut, Steven Swanson, Named to Xeriant’s Board of Advisors
In a three-decade career with the agency, Swanson has been engaged in advancing spaceflight technologies. He began as a flight engineer in Aircraft Operations Division of NASA’s Johnson Space Center. Swanson has been on three missions to the International Space Station, logging over 195 cumulative days in space. He has finished five spacewalks and travelled over eighty-three million miles in orbit.
Keith Duffy, CEO of Xeriant said that Steve would be an incredible asset to the team as it aims to explore potential applications for Retacell fire retardant in aerospace. Duffy added that the company is looking to develop technologies for the Advanced Air Mobility market.
Steve Swanson added that the firm is keen to be part of Xeriant’s team and is excited on the current projects as well as vision as a company. Swanson added that development of non-toxic fire-retardant chemicals can have significant benefits in the space industry. Swanson has a Bachelor of Science in Engineering Physics from the University of Colorado and a Master of Applied Science in Computer Systems from Florida Atlantic University.
Key Quote
“Steve will be a tremendous asset to our team as we explore potential applications for our Retacell fire retardant in aerospace and look to acquire and develop technologies for the Advanced Air Mobility market. His experience as an astronaut, engineering background, and contacts at NASA will help move our company forward in these areas,” stated Keith Duffy, CEO of Xeriant.
Technical Data
XERI stock is trading above the 20-Day and 50-Day Moving averages of $0.0945 and $0.1087 respectively. However, the stock is trading below the 200-Day moving average of $0.1361.
