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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 kidl2on Jul 30, 2019 9:10am
73 Views
Post# 29974137

Update - Consulting Fresh Peru

Update - Consulting Fresh PeruEnWave Receives Deposit from Consulting Fresh Business S.L. for Large-Scale Radiant Energy Vacuum Equipment

VANCOUVER, British Columbia, July 30, 2019 (GLOBE NEWSWIRE) --

EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) reports today that the Company has received a non-refundable USD$100,000 deposit from Consulting Fresh Business S.L. (“Fresh Business”) towards the purchase of Radiant Energy Vacuum (“REV™”) machinery with a minimum of 100kW in rated power. In April 2019, Fresh Business purchased a small-scale commercial REV™ machine and signed an exclusive license to use EnWave’s REV™ technology in the country of Peru for the dehydration of numerous food materials. Fresh Business has begun selling REV™-dried products commercially.
Fresh Business continues to put forth significant product and market development efforts to identify which REV™-dried applications will support the strongest long-term business case. EnWave offers two primary REV™ machine designs – nutraREV® and quantaREV® equipment. Each machine design offers similar processing efficiencies, however the handling of the food material as it passes through each respective vacuum-microwave chamber differs. In specific cases, one platform may be more appropriate than the other. Fresh Business intends to procure either a 100kW nutraREV®, 120kW quantaREV® or a combination of two 60kW machines (one nutraREV® and one quantaREV®) within the 2019 calendar year to expand production capacity.
About Consulting Fresh Business S.L.
Fresh Business employs a business model where professionals with an advanced vision in the integration of creativity, marketing and innovation apply their know-how to improve their clients’ business strategy. Fresh Business is committed to uniquely generating new business ideas that are competitive in today’s marketplace.
Fresh Business’ positive and proactive attitude, their desire to excel and the constant search for new challenges, led them to expand their business, developing a new division, Fresh Business Food & Nutrition Innovation, focused on the agri-food industry. Fresh Business Food & Nutrition Innovation, has its own approach to connect creativity, knowledge, technology and marketing to create, incubate and develop innovative food businesses with an international vocation.
For more information about Fresh Business Consulting S.L. please visit www.freshgroup.es and www.freshbusiness.es.

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