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Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.WT | EXROF

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Post by ugggon May 12, 2023 2:24pm
358 Views
Post# 35445955

Still waiting for some meaningful sales here

Still waiting for some meaningful sales hereCome June the first interest payment on the debentures is due. Expenses are about $8-9M a quarter which is down a bit from previous quarter but cash was only at $12M on March 31 leaving only a few million by the end of June. Unless we see warrants exercised cash will be needed soon. 
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