Xeriant Inc (XERI)

[Timetravelerdos]

Yes this is a good report. BANJ carried out their 8K. Their profile is awesome and the Govt has agreed to their statements. Patent is Pending!!!! Loading up shares to enjoy when the Patent is completed.

American Aviation Technologies (“AAT” or the “Company”) is an aircraft design and development company dedicated to advancing aeronautical safety and performance through new and innovative concepts. Among the most revolutionary is the “Halo,” a powered lift ducted fan system which allows a seamless transition from vertical to forward flight with unprecedented operational flexibility. Halo’s patent-pending VTOL (vertical take-off and landing) configuration features a unique rotatable ring-wing, dual shrouded contra-rotating impellers, a central axle-mounted payload compartment and the ability to take off or land on almost any surface, including water. The distinctive format of Halo is evidenced by the June 2019 Notice of Allowance from the U.S. Patent and Trademark Office, granting Halo’s major claims and indicating the agency’s intent to issue a patent. In October 2018, AAT acquired all rights to the Halo aircraft design, including any prospective patents or applications for patents, through an intellectual property assignment by its inventor. As a scalable and multi-purpose platform, the aircraft’s size and capabilities can be expanded depending on the mission requirements, from a small frame UAV (or drone) to potentially a heavy lift cargo and even passenger transport aircraft, either manned or unmanned. Halo is expected to compete favorably with and exceed the performance of other VTOL aircraft in terms of speed, acoustics, maneuverability, efficiency, duration and safety.