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Bullboard - Stock Discussion Forum 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... see more

TSXV:AXE - Post Discussion

Acceleware Ltd > Technology Readiness Level
View:
Post by Whampoa on Oct 21, 2023 3:27pm

Technology Readiness Level

Various organiations from biotech ... food ... Nasa ,,, have TRL scales to measure technology maturiry and compare between like technologies.

Here's one from canada.ca :

https://ised-isde.canada.ca/site/innovation-canada/en/technology-readiness-levels

Alberta Innovates should also have a similar.

I shudder some times when I read AXE was tweaking  Marwayne project.  They are proving TRL 8, definitely not experimental.  RFXL attempting to hurdle into commercial.

Technology readiness levels

Many programs fund or otherwise support projects at different stages of development. These are the 9 technology readiness levels, with 1 being the least ready and 9 being already used in real-life conditions.

Level 1: Basic principles of concept are observed and reported

Scientific research begins to be translated into applied research and development. Activities might include paper studies of a technology's basic properties.

Level 2: Technology concept and/or application formulated

Invention begins. Once basic principles are observed, practical applications can be invented. Activities are limited to analytic studies.

Level 3: Analytical and experimental critical function and/or proof of concept

Active research and development is initiated. This includes analytical studies and/or laboratory studies. Activities might include components that are not yet integrated or representative.

Level 4: Component and/or validation in a laboratory environment

Basic technological components are integrated to establish that they will work together. Activities include integration of "ad hoc" hardware in the laboratory.

Level 5: Component and/or validation in a simulated environment

The basic technological components are integrated for testing in a simulated environment. Activities include laboratory integration of components.

Level 6: System/subsystem model or prototype demonstration in a simulated environment

A model or prototype that represents a near desired configuration. Activities include testing in a simulated operational environment or laboratory.

Levels 7 through 9 represent the pre-commercialization gap for innovations. These are the three levels where innovations are eligible for the Build in Canada Innovation Program.

Level 7: Prototype ready for demonstration in an appropriate operational environment

Prototype at planned operational level and is ready for demonstration in an operational environment. Activities include prototype field testing.

Level 8: Actual technology completed and qualified through tests and demonstrations

Technology has been proven to work in its final form and under expected conditions. Activities include developmental testing and evaluation of whether it will meet operational requirements.

Level 9: Actual technology proven through successful deployment in an operational setting

Actual application of the technology in its final form and under real-life conditions, such as those encountered in operational tests and evaluations. Activities include using the innovation under operational conditions.

Comment by ztransforms173 on Oct 22, 2023 4:12pm
- right now, AXE is at LEVEL 7 for the Marwayne RF XL Project ! - IN order to GET the ALBERTA INNOVATES FINANCING, their technology HAD to BE AT LEAST LEVEL 7 ! - LEVEL 8 will OCCUR when the Marwayne RF XL Project is PROVEN SUCCESSFUL (?) - ONLY the CLEAN TECH INVERTER (CTI) is PROVEN, the RF XL APPLICATION has STILL TO MEET IT'S OBJECTIVES ! z173
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