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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 23 different countries on five continents. It also operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60 kW continuous vacuum-microwave line to accelerate the commercialization of products made with the Company’s patented technology. The Company has two primary commercial scale technologies, nutraREV, a drum-based system, and quantaREV, a tray-based system.


TSXV:ENW - Post by User

Bullboard Posts
Post by WallaceWilliamon Jan 30, 2019 9:03am
109 Views
Post# 29294972

Sublicense for Your Wasabi Farms

Sublicense for Your Wasabi FarmsThe Agreement represents a new alternative for the deployment of EnWaves REV technology as Your Wasabi Farms will act as a toll processor, providing smaller licensed independent industrial hemp growers and large industrial hemp growers with capacity limitations with the ability to access EnWaves, proprietary drying technology. YWF will utilize its installed REV equipment to initiate commercial toll-processing under the Agreement. The Agreement enables YWF to expand its use of the EnWave equipment to dry industrial hemp, and marks EnWaves second sub-license agreement for the commercial use of its proprietary REV technology within this rapidly growing global market. EnWaves strategy is to commercialize its proprietary REVTM technology globally under its licensing and royalty business model.
Bullboard Posts