We are very pleased to have signed a deal with NEX to be our official global team title sponsor.
NEX is a financial technology company based in London, with clients such as asset managers, banks, hedge funds and professional trading firms. They run two world-class trading platforms for the fixed income and foreign exchange markets, and offer a suite of complementary technical solutions that help their clients mitigate risk and reduce operational costs. They have a division that invests in up-and-coming financial technology companies and they run a stock exchange where entrepreneurs can raise capital, develop ideas and grow. NEX employs more than 1,900 people in 18 offices around the world.
As part of the arrangement, XBlades will be renamed ‘NEXXBlades’ during the two year title sponsorship. NEX was keen to partner with XBlades as they see the team as a natural fit for their own focus on technology and the similar values they share with us such as innovation, speed, agility and a determination to continually improve performance.
Michael Spencer, CEO of NEX, said: “Technology and innovation are at the heart of everything we do at NEX and so we are excited to be sponsoring the pioneering sport of drone racing. To be a successful drone racing team you need speed, agility and a focus on performance, traits which NEX values immensely. We wish the team the best of luck for Paris and beyond in the forthcoming season.”
Richard De Aragues, Team Principal of XBlades Racing Team, said: “In order to stay ahead of our competition, XBlades must deliver perpetual technological innovation and performance improvement. With NEX we have found a partner who shares these same values and has committed to supporting our goal”.
For more information on NEX please see www.nex.com