Bullboard - Stock Discussion Forum Enwave Corp NWVCF

Primary Symbol: V.ENW

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EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold... see more

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Enwave Corp > EnWave Signs Technology Evaluation/License Option Agreement

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Post by Betteryear2 on Feb 02, 2024 11:01am

EnWave Signs Technology Evaluation/License Option Agreement

VANCOUVER, British Columbia, Feb. 02, 2024 (GLOBE NEWSWIRE) --

EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today that it has signed a Technology Evaluation and License Option Agreement (the “Agreement”) with a North American multi-state cannabis company (the “Cannabis Cultivator”), to lease a 10kW Radiant Energy Vacuum (“REV™”) dehydration machine to evaluate the value proposition of REV™ technology over incumbent drying methods. The Cannabis Cultivator’s evaluation is expected to complete before the end of June 2024. If the evaluation is deemed successful, EnWave expects to grant a commercial license and sell REV™ equipment to the Cannabis Cultivator.

EnWave Signs Technology Evaluation and License Option (globenewswire.com)

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