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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 endinsighton Dec 15, 2023 11:36am
69 Views
Post# 35786772

RE:RE:RE:RE:Aurora Hydrogen

RE:RE:RE:RE:Aurora HydrogenI beg to differ LA.  Can you tell this board when this relationship changed as announced in the news release below?  When was it announced that they are no longer working together.  Please share link to about your statement.

https://aurorahydrogen.com/news/aurora-is-awarded-20m-from-alberta-innovates

In collaboration with Acceleware Ltd., a fellow Alberta company and a leading developer of radio-frequency heating technology, Aurora will use the funds to expand its current field of electromagnetic heating methods. Aurora's Chief Executive Officer, Andrew Gillis, said, "While we believe our current microwave heating method produces the world's lowest cost, emission-free hydrogen, we're continually striving to improve energy efficiency and drive down costs. This collaboration with Acceleware has the potential to make yet another step change in low-cost hydrogen production."

We are excited to begin working with Aurora on this application – we believe that our RF innovation could play a key role in a low cost, distributed, and scalable zero emissions hydrogen production process,” said Geoff Clark, Chief Executive Officer of Acceleware. 

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