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Xeriant, Inc. focuses on the discovery, development, acquisition, and commercialization of advanced materials and technology solutions related to construction, and air and spacecraft sectors in the United States. The company is developing NexBoard, an eco-friendly and patent-pending composite building panel made from plastic and cellulose waste, designed to replace products such as drywall, plywood, OSB, MDF, MgO board, and other materials used in construction for interior ceilings, exterior sheathing, and interior walls. It is also involved in the development of TriFan 600, a hybrid electric vertical takeoff and landing fixed-wing aircraft; and Halo a patented VTOL drone/aircraft concept. The company was formerly known as Banjo & Matilda, Inc. and changed its name to Xeriant, Inc. in June 2020. Xeriant, Inc. was incorporated in 2009 and is headquartered in Boca Raton, Florida.