The company, which specializes in ruggedized tablets designed to withstand extreme weather conditions and abuse, had an underwritten public offering of of 2,000,000 shares of common stock at an offer price of $5.00 per share and is trading under the symbol XPLOR.
Xplore tablets are used by a wide range of clients from ambulances and mining concerns to security and military personnel.
The company claims its tablets, like the iX104C5 DMSR, are the most rugged, powerful and long-lasting in the world, and their specs certainly bear that out. For example, Xplore says its iX104C5 DMSR model can withstand an operational drop of up to four feet onto concrete (or seven feet onto plywood) which it says is the highest in the industry.
It’s fully submersible in water for up to 30 minutes, “impenetrable to dust, debris, salt fog, and sandstorms” and “operates in explosion-prone areas without causing sparks.”