Summary
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EnWave licenses vacuum dehydration technology to Oregon food manufacturer
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) has signed a royalty-bearing commercial license with Ashland Dehydrated Foods. Ashland, an Oregon-based contract manufacturer serving the human food, snack and pet food markets, has bought two 10kW Radiant Energy Vacuum (REV) machines from the company.
EnWave eyes $3M in royalties for fiscal 2027 - ICYMI
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) earlier this week outlined expectations for accelerating royalty revenue, a reduced cost base and further large-scale machine sales as the company moves towards fiscal 2027. CEO Brent Charleton told Proactive that EnWave's third-quarter numbers were significantly stronger than those recorded in the first two quarters of the fiscal year, with royalty growth supported by commercial progress among several partners.
EnWave restructures manufacturing arm, eyes $1M in annual savings
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) said Thursday it is winding down its REVworx co-manufacturing operations, a move expected to cut annual operating costs by about $1 million and materially improve net income. The restructuring reflects the growing maturity of EnWave's Radiant Energy Vacuum drying technology, which the company said has reduced the need for internal co-manufacturing to support customer testing and validation.
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EnWave Corporation Profile
| Machinery Industry | Industrials Sector | Brent Charleton CEO | OTC PINK Exchange | 29410K108 CUSIP |
| CA Country | 27 Employees | - Last Dividend | - Last Split | 9 Aug 1999 IPO Date |
Overview
EnWave Corporation is a pioneering company that specializes in the design, construction, marketing, and sale of vacuum-microwave machinery targeted at the food, cannabis, and biomaterial dehydration industries primarily within Canada and the United States. The company's operations are segmented into EnWave and NutraDried, through which it offers innovative dehydration solutions. Headquartered in Delta, Canada, EnWave Corporation is at the forefront of dehydration technology, providing efficient and cost-effective methods for preserving and enhancing the quality of a wide range of products.
Products and Services
EnWave Corporation offers a diverse range of dehydration platforms and services to meet the needs of various industries:
- nutraREV: This radiant energy vacuum platform is tailored for the dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood. nutraREV technology ensures that the natural flavor, color, and nutrients of the food are preserved, resulting in high-quality dried products.
- quantaREV: Designed for the low-temperature dehydration of solid, liquid, granular, or encapsulated food or cannabis products. quantaREV is ideal for sensitive products that require gentle drying to maintain their quality and efficacy.
- freezeREV: A technology specifically developed for the dehydration of biomaterial and pharmaceutical products. freezeREV uses a unique process that combines freezing and vacuum-microwave dehydration, maintaining the integrity and activity of sensitive biomaterials.
- REVworx: This service offers toll manufacturing for various food products, providing clients with access to EnWave's cutting-edge dehydration technology without the need for significant upfront investment in machinery. REVworx allows businesses to scale and enhance their product offerings efficiently.
- Additionally, EnWave Corporation not only designs and sells machinery but also manufactures, markets, and sells certain dehydrated food products. This branch of the company leverages its own technologies to create high-quality, dehydrated food products available to consumers and businesses alike.
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