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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

EnWave Corporation is a dehydration technology company. It has developed Radiant Energy Vacuum (REV) technology, which is a rapid, low temperature drying method. REV technology allows for drying that preserves flavor, color, and nutrients for premium snacks, meals and ingredients. REV technology enables food processors to produce products that retain nutritive value, concentrated natural flavor, bright colors, texture, and physical attributes, such as puffing. Its vacuum-microwave technology enables uniform drying with flexible moisture content unattainable with Freeze Drying or Air Drying. Its REVworx is a toll processing facility that offers vacuum-microwave contract manufacturing services. It has two commercial REV platforms: nutraREV, which is a drumbased system that dehydrates organic materials and quantaREV, a tray-based system. The Company has various applications across industries, which include food & ingredients, pharmaceuticals and cannabis & hemp.


TSXV:ENW - Post by User

Bullboard Posts
Comment by WallaceWilliamon May 17, 2017 9:17am
120 Views
Post# 26253897

RE:News

RE:NewsEnWave today reports that it has received a purchase order (the "Purchase Order") from Agricola Industrial La Lydia SA ("La Lydia") for a second small-scale commercial Radiant Energy Vacuum ("REV™") machine to double their production capacity in the near term for tropical fruit and cheese snack products in Costa Rica. This second REV™ machine is expected to be commissioned at La Lydia's facility in July 2017

Nov 24th 15 : in order to retain the geographic and product exclusivity granted in the License, La Lydia is also required to submit a purchase order within one year of the start-up of the small commercial REV™ unit for one 100kW or higher REV™ machine. A second purchase order is required for a 100kW or higher REV™ machine within eighteen months of the start-up.


Bullboard Posts