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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 > So, this is interesting and encouraging for next year.
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Post by blitzer2on Dec 17, 2023 7:30pm
167 Views
Post# 35789057

So, this is interesting and encouraging for next year.

So, this is interesting and encouraging for next year.Recent article in the Calgary Herald:
Varcoe: As COP28 agrees to transition off fossil fuels, oilsands majors unveil $10B spending plans
https://calgaryherald.com/opinion/columnists/varcoe-cop28-transition-fossil-fuels-oilsands-10b-spending

Excerpt from start of article
One day after countries at the COP28 climate summit agreed to transition away from fossil fuels, two of Canada’s largest oil producers unveiled capital plans to spend more than $10 billion next year.
 
It would seem that a coupleof Axe's existing partners in their Marwayne pilot, have big
plans with capital expenditures in the oilsands going forward in 2024. Would'nt it be great if Axe's RF XL tech could wind up getting a piece of some of this !?
 
https://calgaryherald.com/opinion/columnists/varcoe-cop28-transition-fossil-fuels-oilsands-10b-spending
 
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