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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

Post by ztransforms173on Feb 19, 2024 1:13pm
160 Views
Post# 35887696

CEO: CTI Power Electronics COST is LESS THAN $1 / WATT !

CEO: CTI Power Electronics COST is LESS THAN $1 / WATT !- Marwayne RF XL PILOT ELECTRIC POWER INJECTION is 2 MW

So:

2000000 * 1 = 2000000

- CTI PACKAGE COST is LESS THAN $ 2 million at Marwayne

- they are INCREASING CTI POWER OUTPUT in the PROJECTED UPGRADE

- CEO did NOT SPECIFY ANY PRECISE FIGURE

- CTI POWER OUTPUT at ANY FUTURE BITIMEN RF XL RECOVERY PROJECT will REQUIRE a LARGE INCREASE from the present pilot of 2MW.

* EXPLAINS CURRENT SAGD OPERATORS LACK of INTEREST in RF XL

z173


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