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CSE:XRO

Exro Technologies

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Market:
CSE
Market Cap:
$18 m
Price
0.29 CAD
Change
-5.00%
52 weeks high
0.68
52 weeks low
0.18

Exro is a Vancouver, BC-based technology company that is dedicated to creating an intelligent energy management system that converts energy in new ways to improve the performance, efficiency, and longevity of batteries, electric motors and generators. Exro’s foundational Dynamic Power Management System (DPM) improves the performance and efficiency of electric motors by separating individual coils to thereby enable coil switching according to power needs. Exro also applies its novel approach to generators, by isolating the individual coils and applying DPM to the system, thereby allowing for a greater range of energy creation.

Exro technology also applies the principle of managing “energy” as it converts at the individual level to lithium ion batteries. By managing the charge and discharge of energy at the individual cell level of a lithium ion battery, Exro’s aims to improve the battery performance and efficiencies, which should result in longer usage and possibly a second life of a battery. 

Exro’s Dynamic Power Management system has evolved into an intelligent energy management system with broader applications. Exro is putting the intelligence into energy management and seeks to accelerate the global transition to clean energy.

Technology

Innovation is at the heart of what Exro does. Exro’s technology aims to pioneer the way energy is stored, transferred and used by keeping energy flowing at an optimal rate as the world transitions to electrification with electric motors and lithium ion batteries.

Exro is designing and commercializing an intelligent energy management system which aims to utilize artificial intelligence and big data analytics to change the way energy is transferred, used, and stored in lithium ion batteries, electric motors, and generators. By creating a dialogue between motor coil switching, motor controls, and battery management systems, Exro aims to create a system that brings together and integrates several disciplines, to improve efficiency, reliability, safety and maintenance.

Exro has designed and patented its Dynamic Power Management (DPM) system, proprietary software that controls electric motor coils through individual coil switching. Exro’s DPM expands speed/torque capability and improves machine efficiency across a wider operating range.

The introduction of intelligence into energy conversion at the level of individual coils and cells opens up a new realm of benefits and opportunities.

The principles that govern management of individual coils in electric motors and generators also apply to managing individual cells in a lithium ion battery.

For more information, please click here

 

Batteries

Exro’s intelligence energy management is designed to improve current battery technology. The system will be comprised of circuit boards hard-wired to multiple sensors and leads and software for control systems, to manage the charge and discharge levels of every cell within a battery pack. The electromagnetic current will continuously adjust for a more efficient, longer life span and greater range.

For more information, please click here

 

Motors

Exro’s patented Dynamic Power Management (DPM) proprietary software system controls electric motor coils through individual coil switching for optimal settings for each specific power need. Exro’s DPM results in expanded speed/torque capability and improved machine efficiency across a wider operating range.

Exro’s ability to manage coils has evolved into development of an even more robust energy management system being designed to use artificial intelligence to control individual coils for even more efficient performance. Pre-configuration of the motor separates leads and enables management of coils and leads.

For more information, please click here 

 

Generators

The technology for generators is the same as for motors. The markets are different. Wind turbines are a key market for generating power with Exro’s DPM energy optimization technology. By reconfiguring coils, Exro intends to keep energy output from generators at its lower, near-optimal level.

For more information, please click here

Canada

Sue Ozdemir

CEO

One of the world’s proven leaders in the innovation and manufacturing of electric motors, Sue has nine years of accomplishments at General Electric, acting as CCO and the CEO of GE’s Small Industrial Motors Division, overseeing the division’s North American and International markets – ultimately building the division into a 160 million enterprise.

Mark Godsy

Executive Chairman

Serial technology entrepreneur involved in many successful ventures including two of Canada’s most successful biotech companies.

Jonathan Ritchey

Founder & Chief Scientist / Director

Founder, inventor and chief designer for Exro’s technology.

Torsten Broeer

VP Engineering

With over 25 years of industry and project experience in the conventional and renewable energy engineering field, Mr Broeer holds a Ph.D. in Mechanical Engineering, a M.Sc. in Renewable Energy, and B.Sc. in Electrical Engineering.

John Meekison

CFO

With over 12 years of public and private experience, Mr Meekison is a career CFO. As an investment banker, he has over 15 years experience raising equity capital. He is a CPA, Certified Management Accountant, Certified Investment Manager, and Professional Logistician, and holds a BA from University of British Columbia.

Ari Berger

Chief Technology Officer

Mr. Berger is an expert in motor control with distinguished system engineering capabilities. He is the owner of NIG Systems Ltd in Israel, servicing the highest demanding customers and has worked for Bental Industries, a leading motor manufacturer in Israel.

Kent Thoresen

Business Development

Mr, Thoresen is the founder of Adaptive Generators AS a privately-owned Norwegian company that has developed a patented technology for use in programmable, fault-tolerant generators, motors and battery systems which was acquired by Exro Techologies in 2018. Mr Thoresen leads Exro's Business Development and European research efforts from Oslo.

Exro Technologies Inc.

2300 – 1177 West Hastings Street

Vancouver, BC

Email: [email protected]

Tel: 604.674.7746