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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 L.A.on Nov 04, 2023 5:55pm
205 Views
Post# 35717706

New funding

New fundingAxe secures 3 million in funding from the CRIN (Clean Resource Inovation Network)


The following projects have been identified for funding, highlighting the diverse range of innovations and their potential to drive progress within the energy sector:

Lead Applicant Project Title Funding from CRIN
3P Technology Corp. 3P Technology's Stationary Seismic Monitoring $100,000
Acceleware Ltd. Electromagnetic Heating Technology (using radio waves) to Heat and Mobilize Heavy Oil and Bitumen $3,000,000
AIRMarket Inc. Energy UTM Trials Extension $1,700,000
Arolytics Inc. Development and Demonstration of an Integrated Emissions Management Platform $400,000
Calscan Energy Ltd. Tank Methane Emissions Mitigation with Calscan Hydrocyclone $45,000
Cnergreen Corp. Testing Nanoparficle-Based Foam Technology to Improve the Efficiency of CO2 Enhanced Oil Recovery and CO2 Storage $900,000
COPSYS Technologies Inc. Intelligent Digital Skin Tech Qualification & Pilot $800,000
Enaimco Management Ltd. Terra Nova Pilot Project $550,000
G4 Insights Inc. G4 PCH Reactor Scale Up Validation $300,000
General Energy Recovery Inc. Co-Injecting Steam & Combustion Gases $1,574,000
GRU Organics CSV Midstream Waste Heat Vertical Farm $248,000
Hydron Energy Inc. Waste to Fuel: Accelerating Commercialization of the Lowest Cost & Smallest Scale Novel Biogas-to-RNG Upgrading System $602,000
Ionada Incorporated Modular Membrane Decarbonization $2,000,000
Kinitics Automation Limited Kinitics Valve Actuator for Gas Producers $185,000
St. Francis Xavier University Flare Tip Combustion Efficiency Monitoring Using Drones for Methane Detection $225,000
Standing Wave Reformers Inc. A New Wave In Hydrogen Production $600,000
Tourmaline Oil Corp. Easy Storage and Smart Engine Management System $1,000,000
University of British Columbia Deployment of Low-Cost, Low Emission Hydrogen Plant from Natural Gas Pyrolysis $1,250,000
University of Regina Development Of an Integrated Mobile System (MMS) for Methane Utilization and Produced-Water Treatment $596,000

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