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Stockholm, [March 3, 2026] - Xer Technologies AG, a wholly owned subsidiary of Xer Tech Holding AB (the "Company"), today provides an update on its financial performance in 2025 and market outlook.
Growing defence share and strengthened partner ecosystem
The Company reports revenue of SEK 14,0 million for the financial year 2025 through the sale of 6 drone systems including drones, payload and software, compared with SEK 7,3 million in 2024. 2025 revenue was generated from commercial customers, including oil and gas companies as well as powerline inspection and service providers. Approximately 30% of total revenue was generated from strategically relevant government defence customers and defence system integrators, reflecting the Company's growing presence in the defence and security segment.
The Company operates in the market for long-endurance drone solutions. According to independent market analyses, this segment is expected to continue its structural growth in the coming years, driven by increasing demand from both commercial and defence applications.
In line with these market trends, the Company expects continued growth in the financial year 2026. Growth is expected to be supported by existing commercial customers as well as an increasing focus on fewer but larger European defence contracts, particularly in the areas of mine detection and electronic intelligence drone solutions.
CEO comment
"2025 confirms the commercial relevance of our long-endurance drone system," says Erik Herlyn, CEO of Xer Technologies. "In the first year of defence sales, already around 30% of our revenue comes from strategically relevant government defence customers and integrators, underlining the fast adoption of our technology. We are focusing on larger, strategically important contracts-while working closely with integrators who act as multipliers for market access. In this context, we will further strengthen our collaboration with Plath GmbH, primarily in the area of multi-sensor solutions for electronic warfare. This structured partner approach positions us well for the next phase of sustainable growth."
Due to the project-based nature of the business, predictability remains limited. The timing of contract signings, contractual terms, and payment conditions may vary, and revenues from larger contracts may be recognized in different financial periods.