Exro Technologies Inc. EXROF Archives - Page 2 of 7

WednesdayFeb 03, 2021 12:46 pm

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Provides Update on Coil Driver Collaboration with Potencia

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and batteries, has released an update on its Coil Driver for electric cars with Potencia Industrial, S.A. DE C.V. The update noted that testing is complete on the integration of the Potencia electric motor with Exro’s 100 volt Coil Driver, and the Coil Driver will be shipped to Potencia this week. Exro had been targeting a late 2020 shipping date. Exro’s team will now work with the Potencia to conduct rigorous testing to ensure operational validation in an electric car…

WednesdayJan 27, 2021 3:24 pm

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Names Audi Retired VP Terence Johnsson to Board

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and batteries, has announced that Terence Johnsson has joined its Board of Directors. An automotive executive with global experience, Johnsson is a retired vice president from Audi AG, General Motors and Volkswagen AG and has racked up more than three decades of professional sales experience at top levels of these large automotive manufacturers. After retiring, Johnsson turned his hand to supporting start-ups focused on implementing new technologies and reinventing sales channels for the emerging electric vehicle industry. Johnsson plans…

MondayDec 21, 2020 11:47 am

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Announces Validation of Intelligent Battery Technology for Second Life Applications

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, today announced its completion of the technology validation on its Battery Control System ("BCS") – formerly known as the intelligent battery management system. According to the update, the BCS can expand the capabilities of batteries by enabling a greater depth of control on the cells, with cells remaining in a battery at the end of first life able to be optimized to rejuvenate the same battery into a new second life. Because the same principles…

TuesdayDec 01, 2020 11:56 am

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Announces Q3 2020 Results

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, on Monday released its third quarter 2020 financial results for the nine months ended Sept. 30, 2020. “The third quarter was an eventful period as we achieved several key milestones. First and foremost, we successfully closed in July the short form prospectus offering of C$8,000,000 at a price of $0.70 per unit, pursuant to which the company issued 11,428,571 units,” said Exro CFO John Meekison. “The net proceeds from this offering will enable us to do…

WednesdayNov 25, 2020 1:15 pm

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) CEO Featured in TMX Group Video Interview Series

Canadian-based Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a company commercializing patented technology designed to advance existing rotating electric machines, on Tuesday announced that its chief executive officer Sue Ozdemir was featured in a newly released interview with TMX Group. During the interview, Ozdemir talks about the company’s history and current focus and commitment. The interview is part of TMX’s “The C-Suite at The Open” video interview series, which provides insight into how company executives think in the current business environment. To view the full interview, visit https://ibn.fm/tr7nw To view the full press release, visit https://ibn.fm/zM8io About Exro Technologies Inc. Exro is a clean-tech…

FridayNov 20, 2020 10:05 am

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Completes Engineering Validation of 100V Coil Driver Technology

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, today announced its completion of the engineering validation on the 100 Volt Coil Driver for electric cars. According to the update, validation of the 100V Coil Driver engineering technology is a key milestone for Exro to deliver commercial products in the rapidly growing electric car markets. “We are excited about moving forward in delivering our technology into operating applications,” said Sue Ozdemir, chief executive officer of Exro. “This validation represents all the hard work our engineering…

FridayOct 23, 2020 10:54 am

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Opens the Market in Virtual Broadcast

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, on Thursday joined TMX Group’s Head of Company Services Berk Sumen for a virtual broadcast. Exro CEO Sue Ozdemir and her team joined Sumen to celebrate the company's new listing on TSX Venture Exchange and to open the market for the day’s trading. The celebration comes on the heels of Exro’s launch of its new Calgary Innovation Center — a distinctive facility dedicated to the delivery of commercial products based on expert in-house design, testing and…

TuesdayOct 20, 2020 11:04 am

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Marks Milestone with Opening of New Innovation Center

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, has launched its new Calgary Innovation Center. The distinctive facility is focused on delivering commercial products based on expert in-house design, testing and assembly. The center has test equipment designed to facilitate small and large prototypes for operating applications in relevant environments to enhance electric motors. The state-of-the-art equipment includes test bays to accelerate prototypes in operating applications. In addition, the Calgary center, which will also become the company’s headquarters, is designed to support R&D projects…

ThursdayOct 15, 2020 10:19 am

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: XRO) (OTCQB: EXROF), Partner Working to Modernize EV Vehicles

Exro Technologies (TSX.V: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, has partnered with a leading manufacturer of electromechanical drives to enhance electric commercial vehicles. Traktionssysteme Austria (“TSA”) plans to integrate its traction motor systems with Exro's exclusive coil deriver technology to produce powertrain systems for the fast-growing segment of heavy-duty EV vehicles, including delivery vans, buses and trucks. Traktionssysteme Austria has 60 years of experience manufacturing traction motors and is a global leader in electromechanical drives. The partnership is designed to deliver a broader product range…

WednesdayOct 14, 2020 10:12 am

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: XRO) (OTCQB: EXROF) Announces Granting of Incentive Stock Options

Exro Technologies (TSX.V: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, has granted incentive stock options. The options are available to specific directors, officers, employees and consultants. Qualifying individuals can purchase a total of 2,618,000 shares in the capital of the company. The shares are available at $3.15 per share, with an expiration date of five years from the date of grant. All shares sold will be pursuant to the terms of the provided stock option plan. In addition, all options will be subject to vesting provisions,…

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