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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 Whampoaon Jun 03, 2023 12:57pm
231 Views
Post# 35478521

Sensors detecting

Sensors detecting Spidy sensors detecting expansion of Revenue from RF Heating into new verticals?

Compare Past:

Q3 2021 wording for $55,000 RF Heat Service revenues:

sales of RF simulation services, a relatively new revenue stream attributable to customers’ interest in applying RF XL to specific reservoirs and operations.


Q4 2022  wording for $23,000 RF Heat Service revenues:

sales of simulation services to producers interested in applying the RF XL technology to their own reservoirs


Against Now 
Q1 2023   wording for $47500 RF Heat Service revenues:

higher services revenue for RF simulation and experimental studies paid by customers interested in applying CTI for their industrial heating needs.


I detect new customers??  
Looking for many more. 
Canary for future CTI sales.
What do you guys think?
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