Exro Technologies Inc.

Recent News

  • Exro Develops and Validates First Electric Gearbox

    Vancouver, British Columbia--(Newsfile Corp. - February 14, 2019) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) is pleased to announce that it has developed its "Electric Gearbox" technology, which is derived from Exro's Dynamic Power Management (DPM) System. The Electric Gearbox brings material value to many applications, and was recently reviewed and validated by an independent qualified company ELEN-MECH Consulting Inc.ELEN-MECH was founded by Constantin Pitis (the reviewer), who was previously employed by Powertech and BC Hydro and has performed...

    2019-02-14 1:28 PM EST
  • Exro Technologies and Potencia Industrial Advance Collaborative Work

    Vancouver, British Columbia--(Newsfile Corp. - December 3, 2018) -  Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) and Potencia Industrial S.A., a global manufacturing company based in Mexico City ("the Companies"), have initiated phase one of their collaboration on taxi motor conversions pursuant to the news release issued May 7, 2018.The Companies have identified that the intelligent control systems that Exro is bringing to the collaboration can be integrated into the battery pack that powers Potencia's electric motors immediately, with the...

    2018-12-03 9:00 AM EST
  • Exro Technologies Inc. Provides Corporate Update

    Vancouver, British Columbia--(Newsfile Corp. - November 14, 2018) -  Exro Technology Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro") CEO Mark Godsy provides Corporate Update.Dear Fellow Shareholders,The past few months have brought many exciting developments for our company, and we continue to progress previously-announced collaborations to expand Exro's value proposition and integrate our technology in motor, battery and generator systems. With several significant projects and initiatives underway, we feel it is important to share this update with our valued shareholders and supporters,...

    2018-11-14 8:30 AM EST
  • Exro Completes Acquisition of Adaptive and Advances Technology

    Vancouver, British Columbia--(Newsfile Corp. - September 25, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro") announced today that further to the Company's news release issued August 29, 2018, it has completed the acquisition of Adaptive Generators AS ("Adaptive"). Combining the resources, knowledge and technologies of both companies expands our value proposition as Exro nears commercialization of its unique approach to energy conversion. Further, the intellectual property portfolio is also strengthened with this acquisition and we will continue...

    2018-09-25 8:30 AM EDT
  • Exro Technologies Inc. Acquires Adaptive Generators AS

    Vancouver, British Columbia--(Newsfile Corp. - August 29, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro") announced today the acquisition of Adaptive Generators AS, ("Adaptive") a privately-owned Norwegian company that has developed a patented technology for use in programmable, fault-tolerant generators, motors and battery systems. This technology is bi-directional for use in standalone or combined motor-generator-battery-grid applications and has the potential to enhance the performance of Exro's existing technology by enabling power systems to operate more efficiently at variable...

    2018-08-29 5:14 PM EDT
  • Exro Announces 2018 AGM Results

    Vancouver, British Columbia--(Newsfile Corp. - August 17, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro" or the "Company") is pleased to report that shareholders voted in favour of all resolutions brought forth at the Company's annual general meeting of shareholders (the "Meeting") held on Thursday, August 16, 2018 in Vancouver, British Columbia.At the Meeting 27.27% of shares on record were voted. Resolutions proposed and approved at the Meeting included:Mark Godsy, Jonathan Ritchey, Jill Bodkin, Frank Borowicz, Daniel McGahn...

    2018-08-17 4:30 PM EDT
  • Exro Closes Second Tranche of Oversubscribed Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - July 30, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro" or the "Company"), is pleased to announce the closing of a second and final tranche of a non-brokered private placement (the "Private Placement") of 1,040,000 common shares at a price of $0.25 per share, representing proceeds raised in the second tranche of the Private Placement of $260,000. The aggregate gross proceeds raised in both tranches of the Private Placement amount to $2,102,500.The Company...

    2018-07-30 6:44 PM EDT
  • Exro Closes Oversubscribed Private Placement for $1.8 Million

    Vancouver, British Columbia--(Newsfile Corp. - July 26, 2018) - Exro Technologies Inc. (CSE: XRO) ("Exro" or the "Company"), is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds of $1,842,500 (the "Offering"). Under the Offering, the Company issued 7,370,000 common shares at a price of $0.25 per share, representing an oversubscription of 1,370,000 common shares. Due to high demand, the Company expects to close an additional tranche of previously allocated subscriptions for the Offering...

    2018-07-26 5:41 PM EDT