Acceleware Ltd V.AXE

Alternate Symbol(s): ACWRF

Technology Software - Application

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

Acceleware Ltd > New spin off company?

<< Previous

Bullboard Posts

Next >>

Comment by mctraderon Sep 09, 2022 10:33am

312 Views

Post# 34952020

RE:New spin off company?

My take on AXE is that they are not exclusively an oil production company; they are an industrial heating company. Acceleware has, for a couple of years now, promoted the many capabilities of their Clean Tech Invertor. By teaming up with Aurora, they are on the road to demonstrating this. And, by doing so, will build a stronger, larger and more stable business. In the end, isn't that what we investors want?

<< Previous

Bullboard Posts

Next >>

Rock Tech notches official permit for German lithium refinery