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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 Viking2233on Nov 11, 2023 9:23pm
142 Views
Post# 35730579

RE:Remember folks

RE:Remember folks I am not sure a raise will be necessary. I believe that we will have a series of news between now and year end which will move the share price up. If the news is material we should get to the $3+ range which will cause warrants to be exercised which will generate cash for the company.

If Exro announces firm contracts with guarateed revenue they will be able obtain financing from traditional banks plus revenue dtreams that come online.

Dont forget we anticipate UL certification and most likely our various partners probably have backlog of orders waiting for UL Certification.The fact we are in the EV/Green Energy sector we may qualify for government loans/grants in both Canada and US.

I believe the company will have multiple options available to them versus dilution


TeamEddie wrote: we want to be aware of both sides of the coin, and with the timeline a raise will be needed so DCA 


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