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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

Post by smitty2781on Jul 08, 2021 10:19am
240 Views
Post# 33511583

Such a waste of money...

Such a waste of money...

While I realize that RF XL won't solve all of the oil patch's carbon issues, I can't understand the single-focus for carbon reduction in the industry now. It's almost as if "if it doesn't cost a whole tonne of money then it can't be a real solution" is the current thinking. It smacks of opportunists trying to make a bunch of cash off of governments, rather than sincerely work towards solutions that stop the production of carbon. I am disappointed by the lack of inginuity in the industry (outside of AXE). I wonder what the tone of this article would sound like if they had included dertails about AXE's technology.

https://www.bnnbloomberg.ca/oil-sands-carbon-cuts-come-with-60-billion-bill-loose-ends-1.1626645


glta
smitty
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