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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Technology Software - Application
Acceleware Ltd. is a Canada-based company that develops clean-tech decarbonization technologies. The Company 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. The RF Heating segment is engaged in research, development, and commercialization activities related to the Company’s proprietary enhanced heavy oil and oil sands production technology. It is focused on developing RF XL, a patented low-carbon production technology for heavy oil and oil sands. Its RF XL technology eliminates greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. Its seismic imaging software solutions are for high fidelity imaging, providing the advanced imaging available for oil exploration in complex geologies.


TSXV:AXE - Post by User

Acceleware Ltd > What’s up ?
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Comment by blitzer2on May 14, 2024 12:33pm
104 Views
Post# 36039050

RE:RE:RE:RE:RE:What’s up ?

RE:RE:RE:RE:RE:What’s up ?Yes LA, you may remember Scarlet posting here a few weeks ago about Capital Power
pulling the plug on a proposed $2.4B CCS project.

https://edmontonjournal.com/news/local-news/edmonton-based-capital-power-pulls-plug-carbon-capture-project

This could be the beginning of really upsetting Pathways Alliance group's goal of still
hoping to develop their wildly expensive CCS future. Maybe Axe's big oil partners involved
just might begin to pivot back to the reality of seeing that the RF XL technology is the most
economical and faster way of playing their part in reducing emissions and advancing their
ambitious decarbonization plans.

I am just joining in on your wishful but certainly way more economically feasible thinking.
 
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