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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 Dec 15, 2023 12:18pm
88 Views
Post# 35786912

RE:Aurora H2 is obligated to finish its Series 1

RE:Aurora H2 is obligated to finish its Series 1Thanks Whampoa,

Endinsight, I know it is hard to follow the bouncing ball as these companies are not very transparent when it comes to releasing info about sharing technology, but Aurora decided to go on their own using microwave technology as a heat source. From what I understand they wanted to test microwave tech first to see if they could make it work. Following the completion of the test and results they may double back to AXE and try our CTI tech.
I cannot give you definitive timelines, but became suspicious when I kept reading this past year how Aurora was advertising for microwave tech experts and all their updates talked about microwave technology testing and AXE was never in their NR or no mention of AXE and our CTI technology.

I think what confuses people, is in some presentations AXe talks about microwave technolgy as a comparative technology because everyone is familiar with it. No one is familiar or understands the tech that AXe has developed because it is still in the testing stage.
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