Xer Tech (XER) Stockholm Corporate Finance Defence Day 2026 summary

Market opportunity and positioning

• Endurance multicopters are expected to capture a significant share of a SEK 74 billion and growing market, offering a cost-effective alternative to manned and unmanned helicopters.

• The platform achieves helicopter-like endurance at about 10% of the cost, targeting a sweet spot of 2.5 hours flight time with up to 10 kg payload.

• The company is recognized as a technological leader in long-endurance multicopter drones, with minimal direct competition in this segment.

• Strategic collaborations with major defense integrators like Saab, Thales, and Rheinmetall accelerate entry into large NATO procurement programs.

• The business model leverages both direct sales and integrator partnerships, with integrators typically adding 20–30% margin.

Technology and product development

• The X8 hybrid electric drone platform is designed and manufactured in-house, supporting over 20 payload types and rapid reconfiguration for multi-mission use.

• The system offers up to 2.5 hours of flight with a 3 kg payload and can lift up to 7 kg, with ongoing development for greater autonomy and payload capacity.

• The technology enables missions in GPS-denied environments and supports ISR, mine detection, maritime operations, and electronic warfare.

• All delivered drones remain operational, with no losses reported, demonstrating high reliability.

• The company does not develop payloads in-house, instead partnering with leading sensor and payload providers for flexibility and rapid tech adoption.

Commercial and defense applications

• Defense use cases include electronic warfare, mine and missile detection, anti-submarine warfare, and counter-drone operations, with sensors capable of detecting threats up to 100 km.

• Commercial applications focus on power line inspection and methane gas detection, offering significant efficiency gains over traditional drones.

• Example sales include a $478,000 system to Copperbelt Energy and large-scale methane monitoring for ConocoPhillips, with clients able to purchase multiple systems.

• Participation in NATO exercises like REPMUS demonstrates operational capability and supports sales to navies replacing vessels with multiple drone installations.

• The company is scaling production and expects continued strong revenue growth, having doubled revenue from 2024 to 2025.