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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 > Got Pilot Update News, not what people here expecting
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Comment by L.A.on Jul 27, 2022 8:22pm
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Post# 34855543

RE:RE:Got Pilot Update News, not what people here expecting

RE:RE:Got Pilot Update News, not what people here expectingI also think this is a very good news release. They confirmed the RFXL heating system is working as per design. The Fibre optic DTS system was damaged which is for data collection only.
Also I liked that they mentioned even though they are shutting it down for the repairs it will continue to produce oil.
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