RE:RE:RE:RE:RE:RE:It has been reported that one of AXE's shareholder is worth wealth2015 you posted to Scarlet:
'Nvidia was involved decade or so ago with axe s/w wihich used Nvidia
graphic card, nothing to do with current shenanigans.' I can't let you getaway with your simple throw away line as if Axe wasnt involved much with
Nvidia and just using Nvidia's graphic card. Do you have any clue wealth2015 as to why AXE
probably (IMO) called themselves Acceleware ?. Its main segments when they got started, included providing High-Performance Computing (HPC) from the very early days and they
worked with Nvidia's GPU's (Graphic Processing Units) because the HPC service they were
offering was also being used.
They were working with Nvidia for quite a few years before Nvidia decided to invest $2.5M
in 2007 with Axe and in fact, in the news release they said: We've been collaborating with
NVIDIA for over two years on the deployment of GPUs to accelerate non-graphics software applications such as cell-phone design, seismic data processing, printed circuit board design,
drug discovery, nanophotonic communications device design, reservoir simulation, lithography mask design and others, said Sean Krakiwsky, CEO of Acceleware. NVIDIA's investment in Acceleware is an endorsement of these efforts and provides us with significant additional
funding to execute our business plan and to capitalize on the rapidly growing demand for
GPU-based computing products.'
So moving along, all of that eventually helped Acceleware to specialize in the development and marketing of special purpose software/hardware acceleration products used to reduce design simulation and data processing run-times of high-performance computing (HPC) applications.
As you know (I hope) the company now has two business units: Radio Frequency Heating Technology and Seismic Imaging Software. Its segments include High-Performance Computing (HPC) and RF Heating. Its HPC segment sells proprietary high-performance computing software and related consulting services and training programs primarily to the oil and gas industry.
So now of course, all of that shenanigans.(your word) has lead us to a full commercial pilot
at Marwayne and even more shenanigans huh? However, if proven successful, the Pilot will
mark a world first for electrification of low-to-zero GHG heavy oil and oil sands production.
With a successful Pilot and subsequent commercialization, numerous potential environmental benefits could be realized by oil sands producers deploying RF XL
But hang on let's see, OK after the heating was turned on in 2022 the RF XL pilot has
proved already that it was capable of successfully heating the bitumen enough to extract oil,
stored it and even sold some. At the time Michal Okoniewski, CSO said , “To have an in-situ
RF heating system running for four consecutive months is a major milestone and is something
that’s never been done before. Frankly, we’ve already made significant progress; we have demonstrated initial heat driven by RF XL in the formation as we expected, and are looking
forward to the coming weeks and months to further develop and assess the technology.
And while we stll wait patiently in the meantime, out of all that, something else was developed
in the form of another of Acceleware's field-proven, proprietary industrial heating technology
thatcan decarbonization multiple industrial heating processes via highly efficient delivery of
radio frequency (RF) energy.....their patent-pending CTI heating ‘engine’. It can provide
reliable, scalable, on-demand, decarbonized heat via RF energy. CTI is extremely efficient,
can be adapted to multiple industrial clean heating applications, and could displace fossil
fuel reliant heating systems that are both carbon intensive and costly.
I guess I will leave it there for the moment wealth2015. I just wanted to highlight that your view
of 'shenanigans' is my view of progress and Acceleware has come a long way since 2007.
GLTA