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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 L.A.on Aug 25, 2023 1:31pm
98 Views
Post# 35605671

RE:RE:RE:RE:Axe now 3 approaches to contract(s)

RE:RE:RE:RE:Axe now 3 approaches to contract(s)I do recall reading in the MD&A I think, that AXE wanted to concentrate and therefor commit their funding to completing the Marwayne test. Which make sense because it is basically proven. They are just upgrading some of the components and tweaking the power levels to improve efficiency.

Lots of irons in the fire, seem to be getting close to a major breakout as the technology is generating interest from multiple industries.

One thing that doesn't get mentioned (for good reason) and I always have in the back of my mind is, would some major conglomerate like GE buy us? I know it is still early in the process but it seems to me that this could be a game changer even for a large conglomerate.
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