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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
Comment by youngkidon Mar 23, 2017 1:28pm
130 Views
Post# 26021251

RE:RE:market is asleep today..

RE:RE:market is asleep today..I agree, these results give some validity to the technology and prove it’s not just a pipe dream. I think the fact that a producer bought the data could indicate there is real interest in the technology. I’m not sure why it was bought - To be able to use his tech first once proven, they are debating about providing a deposit for the pilot program, buyout down the road as this company would be pocket change any major, etc?
Bullboard Posts