InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Completes Merger with SEA Electric
April 8, 2024
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company has developed new-generation, power-control electronics that expand the capabilities of electric motors and batteries, has completed a previously announced merger with SEA Electric Inc. As a result of the merger, Exro acquired all issued and outstanding shares of common stock and preferred stock of SEA […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Shareholders Approve Proposed Merger at Special Meeting
April 5, 2024
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company which has developed new-generation, power-control electronics that expand the capabilities of electric motors and batteries, has announced that all necessary shareholders and stockholders approved the proposed merger with SEA Electric Inc. According to the announcement, the company held a special meeting of shareholders on April […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Releases Q4, FY 2023 Financial Report, Corporate Update
April 2, 2024
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company which has developed new-generation, power-control electronics that expand the capabilities of electric motors and batteries, is reporting financial results and corporate updates for the quarter ended Dec. 31, 2023. Highlights of the report include 2023 revenue of $5,736,140; lifting a nondisclosure agreement with Giaffone and announcing […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Reports Two Leading Proxy Advisory Firms Support SEA Electric Merger Resolution
March 27, 2024
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company focused on developing new-generation, power-control electronics that expand the capabilities of electric motors and batteries, is reporting that Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. LLC are both recommending that Exro shareholders vote in favor of the Share Issuance Resolution at the […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Marks Next ‘Milestone’ in Merger Process with Filing of Circular
March 14, 2024
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company focused on developing new-generation, power-control electronics that expand the capabilities of electric motors and batteries, has filed a management information circular regarding its proposed merger with SEA Electric Inc. According to the announcement, filing the circular, which provides comprehensive information about the previously announced proposed […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Executives to Participate in This Month’s 36th Annual Roth Conference
March 13, 2024
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company focused on developing new generation power-control electronics that expand the capabilities of electric motors and batteries, will be participating at this month’s 36th Annual Roth Conference. The conference is slated for March 17–19, 2024, in Dana Point, California. According to the announcement, Exro CEO Sue […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF), SEA Electric Announce Concurrent C$42M Capital Raise Transactions, Planned Merger
January 30, 2024
Exro Technologies (TSX: EXRO) (OTCQB: EXROF) and SEA Electric Inc. today announced concurrent equity and debt financings for aggregate gross proceeds of C$42 million, comprised of an equity financing through the issuance of subscription receipts of Exro and a debt financing through arrangements by SEA from a Canadian pension fund manager. Exro expects to use […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Releases First-Quarter 2024 Shareholder Letter
January 16, 2024
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that develops new-generation, power-control electronics that expand the capabilities of electric motors and batteries, has released a Q1 2024 letter to its shareholders. The letter notes Exro’s exceptional operational performance in 2023 and outlines key focus areas and milestones for this year. In the letter, […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Releases Shareholder Letter Outlining Operational Update
December 21, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that develops new-generation power-control electronics that expand the capabilities of electric motors and batteries, has released an operational update in a 2023 year-end letter to shareholders. The letter came from CEO Sue Ozdemir and chief investment officer Darrell Bishop. The letter provided “a succinct year-end operational […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces First of Several Pilot Projects for Cell Driver(TM)
November 20, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF) is a leading clean technology company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries. The company today announced a significant milestone in its first in-field pilot location for its Cell Driver(TM) Energy Storage System in partnership with post-secondary institution Red Deer Polytechnic, […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces Q3 2023 Results
November 10, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF) is a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries. The company announced its financial results for the quarter ended Sept. 30, 2023. Among the highlights, Exro reported that it generated revenue of $2,032,669 for the […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Issues Operations Update
October 26, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries, today provided a Q4 2023 letter to shareholders. In the update, Exro’s Chief Investment Officer Darrell Bishop and Chief Executive Officer Sue Ozdemir describe the transition to an electrified world […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces SOP of Next-Gen Coil Driver(TM) Technology
September 6, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF) is a leading clean-technology company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries. The company today announced the official start of production (“SOP”) of the company’s patented Coil Driver(TM) technology, with the significant milestone backed by purchase orders from Italian OEM supplier […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Progresses Cell Driver(TM) to Final Stage of UL Certification
August 22, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries, today announced another milestone achievement with certification of its Cell Driver(TM) battery modules to the Underwriters Laboratories’ (“UL”) 1973 standard. “We are thrilled to progress our Cell Driver to near […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Reports on Q2 2023 Financial Results, Corporate Update
August 11, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed new-generation power control electronics that expand the capabilities of electric motors and batteries, has released its financial results for the three months and six months ending June 30, 2023. Highlights of the report included revenue of $2,443,292 for the three-month period and $2,768,061 for the […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Enters Power Electronics Tech Innovation Agreement with Leading Automotive OEM
July 13, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that develops new-generation power-control electronics that expand the capabilities of electric motors and batteries, has entered an innovation agreement with a major automaker. The agreement outlines plans for the two companies to collaborate in the exploration of powertrain innovations using Exro’s advanced Coil Driver(TM) technology […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Reports 2023 Annual General and Special Meeting Voting Results
July 3, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that develops new-generation power-control electronics that expand the capabilities of electric motors and batteries, recently held its annual general and special meeting of shareholders. The meeting was held on June 30, 2023, in Vancouver, British Columbia. According to the company, all individuals listed in the […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Issues Corporate Update
June 23, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries, provided a corporate update. Among the highlights, the company provided details on the filing of two new U.S. provisional patent applications, upcoming interest payments per the terms of the C$15 […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces New Board Candidates as It Accelerates into Key Growth Stage
June 8, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries, today announced three new candidates slated for election to its board of directors at the company’s annual general meeting (“AGM”), scheduled for June 30, 2023 . The proposed board members […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Closes Financing Deal, Including Overallotment Option
May 23, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that develops new-generation power-control electronics that expand the capabilities of electric motors and batteries, has completed its previously announced bought deal financing; the financing includes the exercise in full of the underwriters’ overallotment option. The deal comprised a total of 15,525,000 common shares sold at […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Enters Definitive Commercialization Agreement, Announces C$30M Financing
May 16, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that develops new-generation power-control electronics that expand the capabilities of electric motors and batteries, has signed a definitive commercialization agreement with Linamar Corporation (TSX: LNR), a global tier-1 automotive supplier. The agreement outlines the two companies’ plans to serially produce and commercialize an integrated electric […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces Q1 2023 Financial Results
May 11, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean technology company developing new generation power control electronics that expand the capabilities of electric motors and batteries, today announced its financial results for the quarter ended March 31, 2023. “Through the first quarter of 2023, we continued to make steady progress towards commercialization of our Coil […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Names Exclusive Cell Driver(TM) Manufacturing Partner
May 8, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF) is a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries. The company today announced that U.S.-based Re:Build Manufacturing is its exclusive manufacturing partner for Cell Driver(TM) Energy Storage, thereby outsourcing product assembly to an industry expert. […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Enters Strategic Partnership with Tier-1 Global Motor Manufacturer
April 17, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries, today announced its entry into a strategic partnership with Wolong Electric Group Ltd. A renowned automation solution supplier, Wolong is one of world’s top three motor manufactures […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Names Interim Chair as Executive Chair Steps Down
April 6, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed new-generation power control electronics which expand the capabilities of electric motors and batteries, has appointed Rod Copes, a current director, as interim chair. The move comes as executive chairman Mark Godsy announced he would be leaving the position, effective March 31, 2023. According to the […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Releases Report on Q4 Financial Results
March 31, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed new-generation power control electronics which expand the capabilities of electric motors and batteries, is reporting on its financial results for period ending Dec. 31, 2022. Highlights of the report include revenue of $2.2 million for the year, the successful completion of phase one of EXROF’s […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Inks Strategic Partnership with Global Automotive Industry Supplier
February 27, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed new-generation power control electronics which expand the capabilities of electric motors and batteries, signed a Memorandum of Understanding (“MoU”) for strategic partnership (“the partnership”) with a European-Based automotive industry supplier. According to the announcement, the MOU outlines the opportunity to strengthen Exro’s […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces Agreement with First US Partner to Offer Energy-Storage Systems
February 7, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed new-generation power control electronics which expand the capabilities of electric motors and batteries, has entered an agreement with Greentech Renewables. The two companies will partner to bring energy-storage systems to commercial building owners. As outlined in the agreement, Greentech, which is one […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Reports on Company Status in Q1 2023 Shareholder Letter
January 17, 2023
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed new-generation power electronics that expand the capabilities of motors in electric vehicles and batteries in stationary energy storage, has released a letter to shareholders regarding the first quarter 2023. The letter notes that since its last shareholder update in November 2022, Exro […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces Major Project and Corporate Milestone
November 30, 2022
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean technology company that has developed new generation power control electronics, today provided an operational update highlighted by completion of phase one of its electric axle (“e-axle”) development project with strategic partner Linamar Corporation (TSX: LNR). According to the update, the project now transitions to the second […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces ISO 9001 Certification at Alberta Manufacturing, Innovation Centers
November 21, 2022
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed new-generation power electronics that change how the world optimizes energy by expanding the capabilities of electric motors and batteries, has achieved ISO 9001:2015 certification at its world-class manufacturing center and innovation center; both facilities are located in Calgary, Alberta. An internationally recognized standard […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Recognized by NEMA for Innovation, Application of Advanced Tech
November 18, 2022
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean energy technology company that has developed new generation power control electronics, is the recipient of the 2022 “Illuminations Award for Business Innovation” from the National Electrical Manufacturers Association (“NEMA”). The nominations committee selected Exro based on its technical innovation and application of advanced technology. “It gives […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Resolves Patent Dispute with ePropelled, Remains Focused on Key Deliverables in Coming Months
November 15, 2022
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean energy technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries, today announced that it has resolved its dispute with ePropelled Inc. relating to the patent infringement lawsuit that ePropelled filed against Exro in the U.S. District […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Reports Q3 Financial Numbers, Operational Update
November 11, 2022
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed new-generation power electronics that change how the world optimizes energy by expanding the capabilities of electric motors and batteries, has released an operational update in conjunction with the filing its financial results for the nine months ended Sept. 30, 2022. Highlights of the […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Named Engine Tech Innovation of Year Winner by AutoTech Breakthrough Awards
October 13, 2022
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and batteries, announced that its Coil Driver(TM) technology has received a second industry award; Exro was named the winner of the 2022 Engine Tech Innovation of the Year by AutoTech’s 2022 Breakthrough Awards. […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Innovating Solutions That Bridge Performance-Cost Gap to Electrification
October 5, 2022
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries, today announced its entry into a new product development agreement with a major global equipment supplier. The agreement includes development and delivery of an engineered-to-order system incorporating […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces Strategic Agreement with Inferno Solar
September 28, 2022
Exro Technologies (TSX: EXRO) (OTCQB: EXROF) is a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries. The company today announced its entry into a development and distribution agreement with Inferno Solar Ltd., an Alberta-based supplier of solar and electric vehicle (“EV”) charging […]
InvestorNewsBreaks – Exro Technologies Inc.’s (TSX: EXRO) (OTCQB: EXROF) Cell Driver(TM) ESS Completes 1st Major Phase Toward UL Product Certification
September 27, 2022
Exro Technologies (TSX: EXRO) (OTCQB: EXROF) is a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries. The company today announced that its Cell Driver(TM) Energy Storage System (“ESS”) has successfully completed large-scale module fire testing and the first major phase towards product […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces New Milestone in Partnership with SEA Electric
August 16, 2022
Exro Technologies (TSX: EXRO) (OTCQB: EXROF) is a leading clean technology company that has developed a new class of power electronics for electric motors and batteries. The company today announced its entry into an initial purchase order and multiyear master sales and service agreement to supply 1,500 Coil Drive System units to industry leading commercial […]
InvestorNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Releases Corporate Update, Financial Numbers
August 12, 2022
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, is reporting on its financial results for the six months ended June 30, 2022. According to the report, Exro continued to move forward on the completion of its world-class manufacturing facility, including […]