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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Technology Software - Application
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

Acceleware Ltd
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Post by hiccup2019on Aug 18, 2021 7:58pm
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Post# 33728130

Pilot test

Pilot testI live in Lloydminster near the test site. The technology will work otherwise they wouldn't have $15.5 million from the Sustainable Development Technology Centre, $5 million from Emiissions Reduction Alberta, $5 million from Alberta Innovates and a total of $2 million each from Cenovus and two other oils sands companies in Fort Mac.
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