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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

Industrials
EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 23 different countries on five continents. It also operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60 kW continuous vacuum-microwave line to accelerate the commercialization of products made with the Company’s patented technology. The Company has two primary commercial scale technologies, nutraREV, a drum-based system, and quantaREV, a tray-based system.


TSXV:ENW - Post by User

Enwave Corp
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Post by WallaceWilliamon Nov 10, 2014 9:36am
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Post# 23112840

Very nice EnWave Subsidiary, Hans Binder Maschinenbau GmbH

Very nice EnWave Subsidiary, Hans Binder Maschinenbau GmbH
EnWave Subsidiary, Hans Binder Maschinenbau GmbH, Secures New Multi-Million Dollar Machine Order:

EnWave Corporation (TSX VENTURE: ENW)(FRANKFURT:E4U) ("EnWave", or the "Company") is pleased to announce that its German subsidiary, Hans Binder Maschinenbau GmbH ("Binder"), has secured a purchase order valued at approximately CAD$3,150,000 for a large scale convective air dehydrator. The purchase order was submitted by a repeat customer based in South Korea.

Based on the Company's percentage of completion accounting method, this order will be recognized as revenue throughout 2015 fiscal year. Binder has significantly improved its machine order book since EnWave's acquisition in 2012 and is currently targeting several additional large projects for the upcoming fiscal year.

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Dealroom for high-potential pre-IPO opportunities