Renewable Ventures Nordic AB’s planned acquisition target Xer Tech AB receives order from DelMar Aerospace Corporation following successful three-month field trial

Renewable Ventures Nordic (RVN) is progressing with a binding reverse-acquisition of Xer Tech, which today reported a confirmed sale of an X8 hybrid-electric UAV to DelMar Aerospace after a three-month operational lease and field trials with Canadian partner Perspectum; the purchase includes the aircraft, a spare engine and a long-range antenna. The X8 had been integrated with Sierra Olympia’s Optical Gas Imaging sensor and was deployed on methane-detection missions across Western Canada, and Xer Tech and DelMar are now exploring multi-sensor configurations to broaden inspection capabilities. With recent Canadian regulatory changes allowing certified pilots to operate the BVLOS-ready X8, the order provides commercial validation, lowers adoption barriers and strengthens Xer Tech’s entry points into North American energy, infrastructure and defense markets ahead of RVN’s planned listing strategy.

Analysis

Renewable Ventures Nordic AB on November 11, 2025 entered a binding reverse-acquisition agreement to acquire Xer Tech AB, a Swiss manufacturer of heavy-duty hybrid-electric UAS, while Xer Tech has confirmed a sale of a single X8 system to DelMar Aerospace following a three-month operational lease and field trials run with Canadian partner Perspectum. The purchase included the aircraft, a spare engine and a long-range antenna; the X8 had been integrated with Sierra Olympia's Optical Gas Imaging (OGI) sensor and was deployed across methane-detection missions for pipelines and oil-production sites in Western Canada.

The X8’s modular payload architecture, BVLOS-ready design and long-endurance hybrid-electric powertrain align with recent Canadian regulatory changes that now allow virtually any certified pilot to operate the platform, materially lowering adoption barriers cited in the article. Xer Tech and DelMar are exploring multi-sensor configurations, which would broaden mission sets and strengthen the product’s value proposition for infrastructure, energy and defense inspection customers.

The transaction and trial provide early commercial validation and a potential channel into North American defense and industrial markets via DelMar’s FAA-approved Pendleton UAS Test Range and defense-client relationships, but the immediate revenue impact is limited to a single aircraft sale. Scaling risk remains: broader revenue realization depends on follow-on orders, successful multi-sensor integrations, regulatory rollouts and completion of RVN’s reverse-acquisition and listing strategy.

Key Decisions for Investors

• Monitor Xer Tech order flow and public confirmations closely; treat this single X8 sale as commercial validation but not proof of scalable revenue
• Delay material exposure to RVN until the reverse-acquisition completes and until evidence of repeatable contracts or larger fleet orders emerges
• Track regulatory milestones in Canada and U.S. operational acceptance (including uses at FAA-approved Pendleton UAS Test Range) as key adoption catalysts
• Watch progress on multi-sensor integrations (beyond the Sierra Olympia OGI) and partnership traction with DelMar and Perspectum as leading indicators of market fit and recurring service revenue
• If taking an early position, size it conservatively or hedge exposure given limited current revenue visibility and execution risks tied to commercialization and listing timelines