Equities

Exro Technologies Inc

Exro Technologies Inc

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  • Price (EUR)0.373
  • Today's Change0.003 / 0.81%
  • Shares traded3.00k
  • 1 Year change-73.88%
  • Beta--
Data delayed at least 15 minutes, as of Jul 05 2024.
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About the company

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.

  • Revenue in CAD (TTM)6.67m
  • Net income in CAD-55.33m
  • Incorporated2014
  • Employees151.00
  • Location
    Exro Technologies Inc12-21 Highfield Circle SECALGARY T2G 5N6CanadaCAN
  • Phone+1 (587) 619-1517
  • Fax+1 (604) 608-1118
  • Websitehttps://www.exro.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
EXRO:TOR since
announced
Transaction
value
Sea Electric LLCAnnounced30 Jan 202430 Jan 2024Announced-49.55%342.29m
Data delayed at least 15 minutes, as of Jul 05 2024 20:59 BST.
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