Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by JohnnyUtah44on May 26, 2023 6:32pm
302 Views
Post# 35466690

A Little Background on Why Exro was Founded and by Who

A Little Background on Why Exro was Founded and by Who... The Man Redefining Electric Energy Production 

Before Ritchey founded the Company looking to disrupt global energy markets, he was a food scientist.

Although he always had a passion for applied physics and inventing, it was almost by accident Ritchey came up with the novel idea behind EXRO Technologies. 

The story began one night when Ritchey and his family were staying at a cabin. The cabin was off-grid and powered by a generator. 

Ritchey noticed that the generator was making a lot of noise throughout the night while the rest of his family slept, so he went outside to see if there was some way to turn it down. 

He thought if the generator was producing less power, it would make less noise as well.

But Ritchey was surprised to find that there was no way to turn it down. The generator ran on one setting, no matter what.

He found that odd.

Why couldn’t the speed of the generator be adjusted?

Ritchey began researching and quickly discovered that all generators must run on one precise speed to produce electricity efficiently. This is just as true for a small domestic backup generator as it is for a power plant’s industrial turbines.

This is how generators had been produced for nearly 200 years. No one questioned it or tried anything different. 

Until Jonathan Ritchey did. 

His first Dynamic Power Management (DPM) prototype was simple.

He began designing a small generator that, unlike the generators up until that point, did not use a simple copper coil.

Ritchey created many individual coils—and constructed a mechanism that could shift their placement. This was his first take on a generator with multiple configurations, each designed to maximize efficiency for a particular speed range of the turbine.

Once Ritchey had a functioning model, he took his designs to a local clean technology institutional fund called Chrysalix. The people at Chrysalix liked his prototype and gave him some money to build a better version and provide proof of concept.

Ritchey used the cash to build a company that would eventually become EXRO.

<< Previous
Bullboard Posts
Next >>