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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 beaner53on Oct 13, 2022 10:49pm
229 Views
Post# 35024006

RE:RE:The Bread Crumbs are Becoming More Obvious and Larger Now...

RE:RE:The Bread Crumbs are Becoming More Obvious and Larger Now...

There is no question that a capital raise will have be in place before the end of the year.

I went back to the Q&A to refresh on the discussions around this and a few of the key exchanges between John and Darrell were as follows:

John - "a number of financings will be coming through in the Fall in conjunction with key milestone announcements"

John - "we are looking at how we can do that in a non-dilutive way"

Darrell - "tech has been de-risked and we have a lot of options. We are looking at non dilutive strategies"

I'm para-phrasing a bit here but you get the jist. Based on what i'm hearing, I expect to see a lump sum licensing agreement or maybe a combo type agreement in place before the end of the year. 

Linimar would be the logical licencee I would think.

Thoughts?

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