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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

EnWave Corporation is an applied dehydration technology company. Its 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 developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV) technology. It has entered into 50 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 24 different countries on five continents. It operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60kW continuous vacuum-microwave line to accelerate the commercialization of products made with EnWave’s patented technology. Its technologies also include nutraREV, quantaREV, and freezeREV.


TSXV:ENW - Post by User

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Post by kidl2on Mar 03, 2022 9:37am
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Post# 34478591

Repeat Order

Repeat Order

EnWave Sells Second 10kW REV(TM) Machine to Nomad Nutrition to Double Production Capacity for Ready-to-Eat Meals

VANCOUVER, British Columbia, March 03, 2022 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) ("EnWave", or the "Company") announced today that it has received a second purchase order for a 10kW Radiant Energy Vacuum ("REV(TM)") machine from Nomad Nutrition Ltd. ("Nomad") to double Nomad's commercial production capacity for Ready-to-Eat adventure meals. Nomad previously signed a royalty-bearing commercial license agreement with EnWave in 2018, and this second purchase order is a result of Nomad's growth in sales and product distribution. Nomad's lineup of healthy Ready-to-Eat meals are distributed in select retailers in Canada and the US, including Atmosphere, IGA, MEC, REI and Sport Chek.

Nomad uses EnWave's proprietary drying technology to produce a variety of Ready-to-Eat meals for the avid adventurer. Nomad promotes a healthy, organic lifestyle with its meals targeting backpackers, hikers, climbers, hunters, and anyone on the go or venturing on overnight excursions. The meals are optimized with the right ratios of healthy fats, lean protein, and complex carbs. EnWave's patented REV technology allows for the rapid removal of water from the highly nutritious recipes, leaving more nutrients, flavour and a better texture in the product when it is rehydrated before consumption. Ready-to-Eat meals continue to gain in popularity due to changing on-the-go lifestyles.

About Nomad Nutrition
Born in the mountain ranges of British Columbia, Canada, Nomad Nutrition is the culmination of a lifelong pursuit of wild places and good food. Nomad Nutrition is a food manufacturer of healthy, organic, non-GMO, and ready-to-eat meals dedicated to athletes and modern wanderers. All Nomad Nutrition meals are made with REV technology to make delicious and energy-packed food without compromising on the food's nutritional value. Nomad Nutrition meals are manufactured locally in Burnaby, Canada in a gluten-free, meat-free, and nut-free facility. For more information about Nomad Nutrition, visit nomadnutrition.co/.


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