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Exro Technologies Inc T.EXRO

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

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

Comment by ESGinvestor21on Jun 26, 2021 2:26pm
97 Views
Post# 33456391

RE:RE:New around here....

RE:RE:New around here....Welcome Aarman 4!

I can't do better that Coca827. He is our DD superstar as you can see and presents very factual and balanced opinions . Him and a group of other posters here are not only believers in this company and the tech, but base that optimism on actual facts and analysis.

my two cents:

Q1
     1. The tech. If proven scalable, the sheer number of applications is mindblowing. From a scooter to heavy duty industrial vehicles, wind turbines, etc. Game changing potential
      2. The management. I'm sure you've checked out Sue, Mark, Josh, Julie. Impresssive resumes. The R&D department is evergrowing. There are currently 8 job positions for engineers both in Calgary and Arizona
      3. Meeting and exceeding goals. The goal was to establish 8 partnerships which was done, plus a new one with Linamar
      4. With any early stage company, cash burn is alway a worry. The market cap is 572 mil and cash burn is 8.2 mil (1.4% of it's market value). Nothing to cause dilution concerns for now
       5. This one is personal: I like investing in  clean, local and women led (I am a woman)

Q2
      This got me worried back in January. Sue sold around 500 000 shares. According to some, it was a paycheck she deserves and she was buying a home in Calgary. Currently, the insiders own 0.9%

Have a great weekend, 

esg



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