04:46 PM EDT, 06/27/2024 (MT Newswires) -- Exro Technologies Inc. ( EXROF ) , a clean-technology company that saw its shares jump 18% today, said after trade Thursday its Cell Driver stationary energy storage system reached UL certification status.

It has also launched Cellex Energy, a new subsidiary dedicated to Cell Driver commercialization.

According to a statement, UL certification evolves the Cell Driver technology to a full de-risked and commercial-ready product.

"We extend our sincere gratitude to our shareholders for their support throughout the UL certification process. The process presented many challenges for both Exro ( EXROF ) and the UL certifier team as we worked to certify an innovative technology with capabilities that exceeded existing UL testing standards, chief executive Sue Ozdemir said in a release

EXRO ( EXROF ) rose $0.09 today to $0.59 on the Toronto Stock Exchange.