News
Exro announces Cell Driver™ pilot strategic agreement and purchase order

CALGARY — Exro Technologies Inc., a clean-technology company that provides proprietary propulsion system technology for e-mobility and proprietary battery control technology for stationary energy storage, announced a strategic agreement between the Company’s new division Cellex Energy Inc. and a premier North American “Energy as a Service” (EaaS) partner for commercial businesses with repeatable footprints. The Agreement includes a binding purchase order for 10 of Exro’s Cell Driver pilot units, with plans to deploy the units in strategic US regions including California and New England.

Cellex’s new EaaS Partner is in the market of providing comprehensive energy management solutions to a portfolio of commercial customer clients across the USA: leveraging tools, vendor relationships, and skills to support clients in reducing energy use, increasing sustainability, and driving businesses toward net-zero emissions. The Eaas Partner will own and operate the Cell Driver energy storage systems, with installers already identified and currently being trained on the technology. These units will be deployed in key energy markets, with a focus on customers in California and New England. Host sites have been qualified and equipment is being specified for these locations, ensuring a seamless integration process.

“This Agreement represents an exciting launch for Cellex, coming directly after achieving ETL certification to UL standard 9540,” said Cellex’s General Manager, John Meekison. “We are eager to see our Cell Driver units in action and the resulting benefits for both our clients and shareholder value. This partnership presents the first of many opportunities for future customer growth and further solidifies our commitment to advancing sustainable energy solutions.”

In addition to the key geographical coverage, these projects will showcase Cell Driver operating in several modes such as stand-alone backup power, solar-assisted backup power, plus grid-tied features including demand charge management, solar self-consumption, and net-zero export. The systems will participate in various local demand response programs, functioning as part of a virtual power plant (VPP). It is planned for several sites to feature multiple Cell Driver energy storage systems (units stacked together), highlighting the scalability and effectiveness of the technology.

As part of this Agreement, 10 Cell Driver units are being purchased for deployment during a 12-month pilot phase. Units will be slotted for manufacturing as project sites are selected and timelines are confirmed. Payment terms include six invoicing milestones starting from the time of site selection up to two years from delivery. Exro will maintain a security interest against the Cell Driver units sold until all payments are fulfilled. Following the pilot phase, the Parties will evaluate together plans for future Cell Driver rollouts.

The 90kW / 192kWh Cell Driver is Cellex Energy’s first product offering for the Commercial and Industrial energy storage market.