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 > Aurora Hydrogen

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Comment by L.A.on Dec 15, 2023 10:45am

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Post# 35786629

RE:RE:RE:Aurora Hydrogen

Scarlet,

Aurora is NOT working with AXE. Microwave tech and CTI tech are two different technologies. They do not work in conjunction with each other.

Aurora decided to NOT use AXE CTI tech and wanted to try microwave tech. If the microwave tech fails they will double back to us and test our CTI technology.

At this time forget about Aurora they are NOT working with us and they are NOT using our technology

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