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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is a Canada-based company that develops clean-tech decarbonization technologies. The Company has two business units: Radio Frequency Heating Technology and Seismic Imaging Software. Its segments include High-Performance Computing (HPC) and RF Heating. Its HPC segment sells proprietary high-performance computing software and related consulting services and training programs primarily to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to the Company’s proprietary enhanced heavy oil and oil sands production technology. It is focused on developing RF XL, a patented low-carbon production technology for heavy oil and oil sands. Its RF XL technology eliminates greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. Its seismic imaging software solutions are for high fidelity imaging, providing the advanced imaging available for oil exploration in complex geologies.


TSXV:AXE - Post by User

Comment by Lurker11on Jul 15, 2022 1:56pm
123 Views
Post# 34827549

RE:Question re AXE

RE:Question re AXENot sure what news release they could make. 
We are all invested in this company based on their IP/patents in an area that could have positive environmental impacts on insitu oil production (and potentially other areas of heating).  If the commercial scale test sufficiently proves it out then the SP will move up based on one thing..... a major company or companies announcing that they are satisfied and moving ahead with their own testing or better yet a broader usage of the technology in some way (green or brownfield usage).  Any data from the testing will be held confidentially for now to be evaluated by the contributing partners.  So we patently wait...........  September is 6 months from heating start but I expect it could take a few more months after that to get some word about project status and next steps.....
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