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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.


TSXV:ENW - Post by User

Enwave Corp > Dole News
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Post by kidl2on Feb 22, 2022 9:04am
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Post# 34449580

Dole News

Dole News

Dole Worldwide Food & Beverages Group Acquires Second REV(TM) Machine from EnWave to Develop Innovative Nutrition Solutions

VANCOUVER, British Columbia, Feb. 22, 2022 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) ("EnWave", or the "Company"), announces that Dole Worldwide Food & Beverages Group, a division of Dole Asia Holdings Pte. Ltd. ("Dole"), has acquired a second 10kW Radiant Energy Vacuum ("REV(TM)") dehydration machine from EnWave. EnWave and Dole previously announced plans for a Global Strategic Partnership in August 2021, and the addition of a second REV(TM) machine marks a material advancement of this strategic initiative.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/742b0747-e8e8-4f6f-8346-06cbb36bd0e2


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