Enwave Corp V.ENW

Alternate Symbol(s): NWVCF

Industrials

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.

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Enwave Corp > EnWave Sells Third REV™ Machine to U.S. Army for Production

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Comment by up2005on Feb 10, 2021 9:01pm

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RE:RE:EnWave Sells Third REV™ Machine to U.S. Army for Production

This project has been so LONG in the making. Have discuss the military food rations and all the advantages. Good to see they are getting closer to the selection process. However the successful company is to get this contract will be very happy. The machine purchases will help us, but the royalty stream will move us much higher. Been since the middle of 2019 since we were $ 2.70 we are worth much higher then that, I expected us to be $ 3.00-3.50 by 2021 but Covid19 screwed up that timeline.

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