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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 > Aurora H2 is obligated to finish its Series 1
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Post by Whampoa on Dec 15, 2023 11:39am

Aurora H2 is obligated to finish its Series 1

I see two things happening here. Hope you guys can see it too.  

I don't have time right now to write with exact details.

Here's the timeline:

Prior to Jun 23, 2022 Aurora pitches for $ funding its noval idea

Jun 23, 2022  Aurora H2 raised/closed US$10mm in Series 1 raise (or +C$13mm) and is closely following through defined deliverables declared within the parameters that it pitched to raise the Series 1.

Currently (according to what I can find out, so this is IMO my opinion only) Series 1 appears to be late in its schedule, now  reaching 200kg H2 per day using microwaves 75kW @915MHz, or Phase "demo plant v2.1). I see they  pegged v2.1 to be online Q3 2023 or late.

Plant is being built in a building in Sherrit's indusctrial campus in Fort Sask nearby NE Edmonton.
This is adjacent to other giant H2 providers campuses : DOW, Liquid Aire,etc.

IMO my expectation is This plant needs to also meet capital and opex set in their Series 1 pitch.


Afterwards 

The Aurora H2 and AXE collaboration appears to have started well before they both receive the C2mm 

* AXE has 2 patent pending in publication stage for H2 and CTI RF.  This was submitted a while back. Probably around the time Laura and Dr O was talking H2 in the AXE h2 video. IMO

 
* Acceleware Announces CTI Collaboration with Aurora Hydrogen
September 07, 2022
* Acceleware and Aurora Hydrogen Announce $2 Million in Shared Funding from Alberta Innovates Hydrogen Centre of Excellence for Turquoise Hydrogen Collaboration
February 22, 2023
 
IMO AXE CTI potentially will be used in another project (major scale up) after the current Aurora H2 Series 1 project completes. 

In order for Aurora to reach 2000kg H2/d with microwave, (my guess is they build 10x 200kg/d plants, so now quite the solution)
Comment by L.A. on Dec 15, 2023 12:18pm
Thanks Whampoa, Endinsight, I know it is hard to follow the bouncing ball as these companies are not very transparent when it comes to releasing info about sharing technology, but Aurora decided to go on their own using microwave technology as a heat source. From what I understand they wanted to test microwave tech first to see if they could make it work. Following the completion of the test and ...more  
Comment by ztransforms173 on Dec 15, 2023 12:29pm
- CTI 'could' (?) DELIVER UP TO 10,000 KW of RADIATED RADIO FREQUENCY POWER to the METHANE PYROLYSIS REACTOR which is 133 1/3 TIMES MORE than the power INJECTED by the MICROWAVE RADIATION of the Aurora Hydrogen Demo Plant Version 2.1 - so 10,000 KW (AXE RADIO FREQUENCY CTI) versus 75 KW {Aurora Hydrogen IN-HOUSE MICROWAVE POWER UNIT}  - NOT to MENTION that the CTI is 97% ENERGY ...more  
Comment by L.A. on Dec 15, 2023 12:47pm
Thanks Ztransform 
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