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Exro Technologies Inc T.EXRO

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

Industrials
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

Exro Technologies Inc > Next thing you know - a financing
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Comment by jboom70on Jan 21, 2022 9:48pm
208 Views
Post# 34345908

RE:RE:RE:RE:Next thing you know - a financing

RE:RE:RE:RE:Next thing you know - a financingHey 45 take a look HERE

@ the 45min mark they have a burn rate of 2mil a month and around 20 mil in the bank and a little cap ex to come off. So just under 10 months but they will move before that. My guess this market correction is making things harder and more expensive.

Have to give it to Sue... she is the most transparent CEO I've come across.


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