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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

Post by mctraderon Nov 03, 2022 11:23am
233 Views
Post# 35069789

Recent Tweet from AXE

Recent Tweet from AXEThe most recent tweet from AXE states that their CleanTech Inverter is at "TRL 8". I had to look this up and found that TRL or Technology Readiness Level and found that it means that at Level 8 the tech has been proven in the field to work under real life conditions. 

This is good news heading into 2023. I am also expecting news and a quarterly report this month.


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