Exro Technologies Inc (EXROF)

[shermann7]

Going through some of the news - A couple of items popped out ...

1. A Third Party validated the Proof of Concept
2. They are ready to take the DPM Production

EXROF is further along than I thought. The Name Change is kewl also!!!

Shermann

Exro’s DPM Technology Advances into Product Lines

https://www.exro.com/news/exros-dpm-technology-advances-into-product-lines/

VANCOUVER, B.C. – Exro Technologies Inc. (CSE:XRO; OTCQB: EXROF) (the “Company”) is pleased to report on recent business activities involving its Dynamic Power Management Technology (DPM). On February 14, 2019 Exro announced (News Release) the third-party validation of its first Electric Gearbox. Subsequently, further work has now been completed moving the technology from “proof of concept” to definitive product offerings. Exro has developed two distinct product lines for DPM applications - one addressing motor integration and the other generator integration.

The “electric gearbox” or “coil switching” concept will now be named Electronic Transmission Replacement Technology (ETR) as it will allow the power train transmission (gearbox) to be eliminated in many applications. ETR’s unique approach of enabled electronic circuit boards and software can replace mechanical solutions to improve both torque and speed. This innovative technology provides a system solution for any variable speed motor applications in which torque or speed constrain the desired performance. The practical deployment of this technology, along with Exro’s proprietary intelligent control systems, will enable electric motors to increase their operating capabilities, with minor modifications to the motor. The technology also improves the electrical efficiency of the motor at various operating states.