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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 Caveston Mar 26, 2023 8:46am
129 Views
Post# 35361092

RE:W/O Upgrades

RE:W/O UpgradesThe heat deployed by the CTI appears to be greater than the steam in a SAGD system. In my opinion, this is good news but the equipment in place does not seem to be able to support 100% energy. I think the rest of the test will be 50% complete to collect the missing data and the system will be tested 100% to validate if the parts hold the heat (mostly the non-removal parts). Did anyone question AXE for the 1.4 M not paid by one of the partners? 

Still a little patience is required but the project still seems to be promoting... 
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