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.

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Exro Technologies Inc > Viking

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Comment by Viking2233on Oct 23, 2023 8:51pm

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Post# 35697417

RE:Viking

There is no point in answering because there is no logical response. This is an early stage start up in the final stages of various certifications and proof of concept and is not Tesla. Doing share buybacks are what mature companies do with surplus cash when they dont have better opportunities for the surplus cash. Exro is not even at financially at a stage where they cash flow positive.

How on earth do you feel share buybacks make sense at this stage for Exro is beyond logical.