Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, has launched its new Calgary Innovation Center. The distinctive facility is focused on delivering commercial products based on expert in-house design, testing and assembly. The center has test equipment designed to facilitate small and large prototypes for operating applications in relevant environments to enhance electric motors. The state-of-the-art equipment includes test bays to accelerate prototypes in operating applications. In addition, the Calgary center, which will also become the company’s headquarters, is designed to support R&D projects with global impact. The company expects the new center to expand its potential for additional strategic partnerships with the Coil Driver technology and create a powerful platform for proof of concepts. Exro will continue to concentrate on its mission to deliver intelligent innovations in electrification with minimum energy and maximum results. “We are looking forward to delivering on the vision of the new Calgary headquarters,” said Exro CEO Sue Ozdemir in the press release. “Calgary has welcomed us with open arms, and we couldn’t be more excited to be here during this transformative time. We have had explosive growth since arriving in Calgary , and we look forward to continuing that growth with our business and technology.”
To view the full press release, visit https://nnw.fm/mkG6J
About Exro Technologies Inc.
Exro is a clean tech company that has developed a new class of control technology for electric powertrains. Exro’s advanced motor-control technology, Coil Driver, expands the capabilities of electric motors and powertrains. The Coil Driver enables two separate torque profiles within a given motor. The first is calibrated for low speed and high torque while the second provides expanded operation at high speed. The ability to change configuration allows efficiency optimization for each operating mode, resulting in overall reductions in energy consumption. The controller automatically and seamlessly selects the appropriate configuration in real time so that torque demand and efficiency are optimized.
The limitations of traditional electric machines and power technology are becoming more evident. In increasingly prominent applications, traditional methods cannot meet the required performance. This means either oversizing the equipment, adding additional motors or implementing heavy mechanical-geared solutions. Exro offers a new solution for system optimization through implementation of technology that can yield the following results: increased drive cycle efficiency, reduced system volume, reduced weight, and expanded torque and speed capabilities. Exro allows the application to achieve more with less energy consumed. 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://nnw.fm/EXROF
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork