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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

Comment by ARRHWSKon Mar 07, 2022 11:49am
154 Views
Post# 34490823

RE:RE:RE:No News Releases perhaps until after April 5th

RE:RE:RE:No News Releases perhaps until after April 5thMy point is that this system does not produce steam above ground and it is not injected into the reservoir. And steam is not being created in the payzone.

But RFXL technology does heat the pay zone to the equivalent of "steam saturation temperature" of what it would be at, if it was heated with steam being injected into it.

They are heating the water molecules already in the payzone.

This is the whole foundation of the AXE's technology.


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