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Stocks In Play: Exro Technologies Inc

Published 2024-06-13, 06:56 a/m
Stocks In Play: Exro Technologies Inc

Provided an operational update on propulsion system deliveries, progress with partners, and the signing of Exro's first-ever outbound intellectual property licensing agreement. Exro report that May marked material progress in execution. The Company continues efforts to increase production and enhance operational efficiency, producing 46 propulsion systems for customers in April and May. As Exro accelerates its output, the Company is focused on meeting its goal of delivering more than 250 propulsion systems to customers through Q2 and Q3 of 2024 -- the first six months post-closing the SEA acquisition.

This content was originally published on Baystreet.ca

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