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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 SIMPLICITI1on Jan 25, 2023 12:48pm
196 Views
Post# 35245532

RE:RE:What's Next..... A Thought to Promote Some Discussion

RE:RE:What's Next..... A Thought to Promote Some DiscussionIn this scenario, (one of many) the key is achieving the milestones all of which get the company closer to delivering product to/for the tier 1 investor.

Milestones one and two fuel the notion that the products are indeed worthy of investment and carry the SP back to a level commensurate with the opportunity. This will be supplemented by other announcements.

Milestone 3 completion leads to a significant order from the tier 1 which ultimately validates the company and its ability to commercialize  products for all markets.

The 40% represents the market's response to the financial impact of the order(s) as well as projected upside.

The float is TINY. Some iteration of this WILL happen assuming milestone success.

This or a similar process is necessary prior to any serious buyout overtures will come fwd IMHO.

Best.....
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