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 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 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.
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) announced on Tuesday that Loovies, a Mexico-based food technology company and previously unnamed commercial royalty-bearing licensee, has launched Loovies Styx, a snack product made from whole fruits and vegetables using EnWave's Radiant Energy Vacuum (REV) technology. Loovies entered into a commercial royalty-bearing license with EnWave on November 10, 2025, and purchased a 10kW REV machine from the company to begin initial commercial production.
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) delivered stronger quarterly results, with a large-scale equipment sale and rising royalties driving revenue growth and a sharply narrower loss. The Vancouver-based dehydration technology company reported third-quarter revenue of $3.3 million, up $569,000 from the same period last year, driven by the sale of a fully fabricated large-scale machine that had been held in inventory, along with higher royalties.
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) announced that it has signed a research and development license agreement with the University of Limerick in Ireland and sold the university a small-scale Radiant Energy Vacuum (REV) machine to support research, product development and academic studies. Under the agreement, the University of Limerick will establish REV capabilities that will allow researchers and industry participants to access the technology for product development, process optimization and applied research, EnWave said.
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) announced that it has signed a second equipment purchase agreement with Mexican food processing company Procescir S.A. de C.V.
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) earlier this week announced a new agreement involving Swiss Cannabis Selection and Schibano Pharma, marking another step in the company's renewed push into the cannabis processing sector. Speaking with Proactive, chief executive Brent Charleton said interest in EnWave's technology has been increasing following the collection of commercial-scale operating data from licensed cannabis producers in Canada.
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) has entered into a technology evaluation and license option agreement with Swiss Cannabis Selection AG, a Switzerland-based medical cannabis company, to evaluate its Radiant Energy Vacuum dehydration technology for potential use across cannabinoid and botanical products. Swiss Cannabis Selection, known as SCS, is collaborating with Swiss phytopharmaceutical company Schibano Pharma AG on the evaluation program, which is expected to begin in the coming months.
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) announced it has inked a technology evaluation and license option agreement with one of the world's largest multinational food companies. The agreement calls for the partner to evaluate REV technology at commercial scale across a range of food categories it serves globally.
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) earlier this week outlined a significant milestone in its global expansion strategy, announcing its first commercial license agreement in Africa through a new partnership in Egypt. In an interview with Proactive, chief executive Brent Charleton said the agreement represents the company's entry into a region with strong fundamentals for its dehydration technology, including access to high-quality, low-cost raw materials that can be converted into value-added products for export.
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) has announced a new commercial licensing agreement with The Dry Hub to deploy its proprietary drying technology in Egypt. The agreement grants The Dry Hub exclusive rights within Egypt to use EnWave's patented REV (Radiant Energy Vacuum) technology for drying selected fruits, vegetables, and herbs.