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Bullboard - Stock Discussion Forum
Acceleware Ltd
V.AXE
Alternate Symbol(s):
ACWRF
Technology
Software - Application
Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in...
research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.
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Bullboard (TSXV:AXE)
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Malton1
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Comment by
Malton1
on Aug 18, 2024 7:57pm
RE:RE:After CAREFUL RE-READING, I Have MADE these CORRECTIONS !
With the exception of the 1 partner leaving the pack this all sounds incredibly positive. Two partners decided to stay the course. We have money from completion of certain milestones and more to
...more
(8)
•••
frebeach1
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Comment by
frebeach1
on Aug 18, 2024 7:40pm
RE:After CAREFUL RE-READING, I Have MADE these CORRECTIONS !
Does anyone else have comments about the Fins?
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(861)
•••
ztransforms173
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Post by
ztransforms173
on Aug 17, 2024 11:34am
After CAREFUL RE-READING, I Have MADE these CORRECTIONS !
- SPECIFIC to this post: See: https://stockhouse.com/companies/bullboard?symbol=v.axe&postid=36183642 CORRECTED MyTake: - SUCCESSFUL RF XL DEPLOYMENT is NOT a MILESTONE in the Project
...more
(0)
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PressRelease
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PressRelease
on Aug 17, 2024 9:46am
New Press Release - Acceleware Ltd. Reports Second Quarter 2024 Financial and Operating Results
CALGARY, Alberta, Aug. 17, 2024 (GLOBE NEWSWIRE) -- Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial process heat, today announced its financial and operating results for the six months...
read article.
(861)
•••
ztransforms173
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Comment by
ztransforms173
on Aug 16, 2024 7:16pm
RE:RE:WOW ! 1 ONE Of The 3 MAJOR Oil Sands Firms WALKED OUT !
L.A. - (8/16/2024 6:20:42 PM) RE:WOW ! 1 ONE Of The 3 MAJOR Oil Sands Firms WALKED OUT ! Just a hunch but I suspect it was Suncor that backed out. Ever since they
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(861)
•••
ztransforms173
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Comment by
ztransforms173
on Aug 16, 2024 7:02pm
RE:QUITTER Oil Sands Major TERMINATED TDPA & SAVED $ 1 Million
CORRECTION: - major oil sands company #2 (Y) SAW a WAY to SAVE $ 1 million and TERMINATED the TDPA * $ 1 million in CASH & SERVICES including $ 50,000 in DATA REVENUES
...more
(861)
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ztransforms173
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Post by
ztransforms173
on Aug 16, 2024 6:53pm
QUITTER Oil Sands Major TERMINATED TDPA & SAVED $ 1 Million
TDPA: Test Data Purchase Agreement - so AXE RECEIVED $ 5 million {in CASH and SERVICES} from the THREE (3) major oil sands companies and NOT the $ 6 million ORIGINALLY PROJECTED - Y (?) oil
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(43)
•••
L.A.
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Comment by
L.A.
on Aug 16, 2024 6:20pm
RE:WOW ! 1 ONE Of The 3 MAJOR Oil Sands Firms WALKED OUT !
Just a hunch but I suspect it was Suncor that backed out. Ever since they hired Rich Kruger he has been cutting cost and R&D expenses. He also took some heat when he announced they were scaling
...more
(861)
•••
ztransforms173
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Post by
ztransforms173
on Aug 16, 2024 6:04pm
AXE OBTAINS PARTIAL SUCCESS In $ 5M RF XL REDEPLOYMENT
- HOWEVER, this is CONDITIONAL on Acceleware RECEIVING the REST of the $ 5 million FINANCING from OTHER SOURCES In the six months ended June 30, 2024 , the Company continued to work closely
...more
(861)
•••
ztransforms173
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Post by
ztransforms173
on Aug 16, 2024 5:44pm
NICE: AXE BUILT & PRESENTED 100 Kgs./H Potash DRYER In JULY
from Q2/2024 MD&A on SEDAR (2024/08/16): EM Powered Heat - Drying of Mineral Ores In 2023, Acceleware began working with the International Minerals Innovation Institute (“IMII”) to validate
...more
(861)
•••
ztransforms173
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Post by
ztransforms173
on Aug 16, 2024 5:24pm
AXE RECEIVED Alberta IEG GRANT of $ 305,467.00 In Q3/2024
10. Research and development b) The Government of Alberta’s Innovation Employment Grant (“IEG”) to support research and development was effective January 1, 2021 and provides a grant of up to 20
...more
(861)
•••
ztransforms173
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Post by
ztransforms173
on Aug 16, 2024 5:19pm
AXE RECEIVED CRIN CASH REBATE Of $ 577,763.00 In Q2/2024
10. Research and development a) A grant funding agreement was entered into with Clean Resource Innovation Network (“CRIN”) as of July 13, 2023 which provides non-dilutive and non-repayable
...more
(861)
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ztransforms173
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Post by
ztransforms173
on Aug 16, 2024 5:05pm
WOW ! 1 ONE Of The 3 MAJOR Oil Sands Firms WALKED OUT !
from Q2/2024 IFS on SEDAR (2024/8/16): (a) Data revenue Since 2018, the Company entered into Project Funding Agreements and Test Data Purchase Agreements (the “Agreements”) with three
...more
(59)
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blitzer2
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Comment by
blitzer2
on Aug 05, 2024 6:14pm
RE:Another Canada grant for distruptive Industrial Heating tech
Great find Whampoa. I hope GC&MO are both aware of this and they will be preparing and submitting a Phase 2 proposal to NRC and NRCan. As you already know, Acceleware's CTI is currently
...more
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