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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

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.


TSXV:AXE - Post by User

Bullboard Posts
Post by Kazzkidon Jun 02, 2015 6:33pm
80 Views
Post# 23791135

FWI Platforms to CREWES

FWI Platforms to CREWES
Acceleware Announces Agreement to Provide FWI Platforms to CREWES Tuesday, June 02, 2015 Acceleware Announces Agreement to Provide FWI Platforms to CREWES 18:06 EDT Tuesday, June 02, 2015 CALGARY, ALBERTA--(Marketwired - June 2, 2015) - Acceleware Ltd. (TSX VENTURE:AXE) announced today that it has agreed to provide the University of Calgary via its CREWES research project, AxFWI™ for use in their research. "We are excited to continue our support of CREWES by providing them with access to this state-of-the-art modular application," said Eric Trouillot, Director of Business Development and Technology, Seismic Software at Acceleware. "The AxFWI™ platform offers great flexibility and is built on Acceleware's proven fast RTM libraries. This combination provides researchers with best of both worlds: speed and accuracy in computations along with the ability to easily test various algorithms and techniques, therefore accelerating research efforts." CREWES will be addressing major roadblocks of full-waveform-inversion (FWI) in their 5 year plan and with the use of AxFWI™ which will further the development of FWI techniques. The strength of AxFWI™ is a result of Acceleware's proven fast and accurate finite-difference engines that power Acceleware's robust reverse time migration (AxRTM™) and seismic forward modelling (AxWave™) solutions. "Having access to a high-performance FWI product such as AxFWI™ will be a great benefit to the CREWES team as we work to develop new ways to more efficiently capture the benefits of leading edge approaches to seismic imaging techniques," said Gary Margrave, Director of CREWES.
Bullboard Posts