During the past few weeks,EnWave started up three commercial REV machines that will soon generate royalties. The first unit was installed at Umland LLC, which sells high kosher cheese snacks, the second at Gay Lea, the second largest dairy co-operative in Canada and the third one at Natural Nutrition, a Chilean fruit processor.
At Bonduelle, a global leader in the production of vegetables, a 120kW quantaREV commercial unit is scheduled to come online very shortly. This will generate an attractive production-based royalty for EnWave. If successful, several more units could be ordered by Bonduelle.
A 100kW commercial nutraREV unit is being installed at Hormel Foods Corporation, a multinational manufacturer and marketer of high-quality, brand-name food and meat products. Once operational, royalties should vary between $200,000 and $400,000 per year at full utilization.
Moreover, the long awaited launch of Cheddar and Gouda Moon Cheese snacks, as part of a sixteen week long trial program at 3,500 locations of a major coffee chain in the United States is set to begin later this month.
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