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.

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Acceleware Ltd > The flood gates are leisurely opening in the US H2 $pree

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Comment by JeffreySon Oct 15, 2023 12:25pm

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Post# 35684338

RE:The flood gates are leisurely opening in the US H2 $pree

Axe had to start somewhere within this Hydrogren field and this joint project was at least paid for by a 3rd party. I am not aware that once the technology is proven that Axe is limited in supplying CTI technology only to Aurora. Incidentally it looks like there are many factors coming together that will cause the international price of oil to go over $150 per barrel. Maybe even up to $250 per barrel for a while. This would help with the valuation of Axe once it gets closer to getting revenue producing contracts.

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