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 corporate. 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 million bought deal convertible debenture financing, and operational updates pertaining to both the evolution of its Traktionssysteme Austria (“TSA”) partnership and its on-track Coil Driver(TM) and Cell Driver(TM) series production scheduling. “Exro is thrilled to add two new U.S. provisional applications to its comprehensive intellectual property protection program, which includes over 40 patents published and pending and IP wholly owned in 14 patent families providing or seeking global protection in strategic countries,” said Exro CEO Sue Ozdemir. “These new technologies are not only examples of Exro’s commitment to research and innovation, but also promises of the multifold applications our technology and IP present in powertrains across the e-mobility and energy sectors.”
To view the full press release, visit https://ibn.fm/f9jqu
About Exro Technologies Inc.
Exro Technologies is a leading clean technology company that has developed new generation power control electronics that change how the world optimizes energy by expanding the capabilities of electric motors and batteries. The company’s innovative technologies serve to bridge the performance-cost gap in e-mobility (Coil Driver(TM)) and stationary energy storage (Cell Driver(TM)), and act to accelerate adoption towards a circular electrified economy by delivering more with less – minimum energy for maximum results. For more information visit the company’s website at www.Exro.com.
NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
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