Acceleware Ltd V.AXE

Alternate Symbol(s): ACWRF

Technology Software - Application

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

Acceleware Ltd > Huge market if AXE can commercialize

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Comment by Saskisnowon Nov 22, 2023 11:19am

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Post# 35748465

RE:RE:RE:Huge market if AXE can commercialize

L.A.
I was going to mention the obvious issue of money, of course that's holding back so much potential. That's why they need to look for strategic partnerships with manufacturers and miners like BHP. I believe they are working on some of these opportunities concurrently to the Marwayne project, I just don't know how much resources (money & talent) they have to spread around to commercialize them.

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