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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Post by retiredcfon Sep 06, 2021 12:57pm

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Post# 33816718

Another Assessment

Q: Do you think their deal with Dole is material to their prospects?

A: The deal looks promising and this appears to be the fourth purchase from Dole with this deal having potential to expand. Regardless, it would be net positive news in our view and management sounds optimistic per below from the quarterly call:
"I have to keep it very high level given the confidentiality requirements between our two companies. But I will be forthright in saying that I think that this relationship be evolved into something significantly material for EnWave within the next 12 months."

So said the team at b5iResearch. GLTA