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Acceleware Ltd ACWRF


Primary Symbol: V.AXE

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 ARRHWSKon Oct 28, 2024 3:23pm
65 Views
Post# 36285566

RE:RE:Video (3m43s) With AXE VP Mike Tourigny From Santiago CHILE

RE:RE:Video (3m43s) With AXE VP Mike Tourigny From Santiago CHILEMy understanding is that the push to mining is driven by heating a commodity above ground, not underground as heavy oil is.

Above ground heating is technically easier to deliver then dowhole with all the pressures and complications that came with the first test at Marwayne. While they are in the early stages of developping the commodity/mining heating market place, it should more easily devliver revenue once adopted. And i understand that the market for this is larger than heavy oil.

That Marwayne project isn't going anywhere until the $5 MIllon is raised within the energy sector from producers.

ARRHWSK
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