Vacuum microwave dehydration
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EnWave Announces Grant of Stock Options and RSRs
Globenewswire· 2025-12-16 14:00
Company Overview - EnWave Corporation is a global leader in vacuum microwave dehydration technology, headquartered in Delta, BC [3] - The company has developed a strong intellectual property portfolio and its Radiant Energy Vacuum (REV™) technology offers a scalable drying solution for the food, pharmaceutical, and cannabis industries, outperforming traditional methods in efficiency, capacity, product quality, and cost [3] Recent Developments - EnWave has granted a total of 1,410,000 incentive stock options to employees and officers, exercisable at $0.36 per share for five years, vesting in one-third increments over eighteen months [1] - Additionally, 135,000 restricted share rights were awarded to independent directors, which will vest three years from the date of the award as part of the annual compensation program [2] Strategic Partnerships - The company has over fifty partners across twenty-four countries and five continents, enabling them to create innovative snacks and ingredients while improving the quality and consistency of their products [4] - EnWave's strategy focuses on signing royalty-bearing commercial licenses with food producers to enhance drying processes, allowing for faster production and improved product attributes such as taste, texture, color, and nutritional value [5]
EnWave to Report Fourth Quarter and Annual 2025 Financial Results on December 15, 2025 and Host Investor Conference Call
Globenewswire· 2025-12-09 01:30
Core Viewpoint - EnWave Corporation will report its financial results for Q4 2025 and the fiscal year ending September 30, 2025, on December 15, 2025, before market opening [1] Group 1: Financial Results Announcement - The financial statements and Management Discussion and Analysis (MD&A) will be available on SEDAR and the company's website [1] - A conference call is scheduled for December 15, 2025, at 7:00 a.m. Pacific Time to discuss the results and business outlook [2][3] Group 2: Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a proven drying solution for food, pharmaceutical, and cannabis industries [4] - The company has over fifty partners across twenty-four countries, utilizing its technology to create innovative snacks and improve existing products [5] Group 3: Business Strategy - EnWave's strategy focuses on signing royalty-bearing commercial licenses with food producers to enhance drying efficiency compared to traditional methods [6]
EnWave to Report Fourth Quarter and Annual 2025 Financial Results on December 15, 2025 and Host Investor Conference Call
Globenewswire· 2025-12-09 01:30
Core Viewpoint - EnWave Corporation will report its financial results for Q4 2025 and the year ended September 30, 2025, on December 15, 2025, before market opens [1] Financial Results Announcement - The financial statements and Management Discussion and Analysis (MD&A) will be available on SEDAR and the company's website [1] - A conference call is scheduled for December 15, 2025, at 7:00 a.m. Pacific Time (10:00 a.m. Eastern Time) to discuss the results and business outlook [2][3] Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and patented Radiant Energy Vacuum (REV™) technology [4] - The company provides a scalable drying solution that outperforms traditional methods in efficiency, capacity, product quality, and cost [4] Partnerships and Market Reach - EnWave has over fifty partners across twenty-four countries and five continents, enabling the creation of innovative snacks and ingredients [5] - The company's technology helps partners improve product quality, consistency, and market speed [5] Strategic Focus - EnWave aims to sign royalty-bearing commercial licenses with food producers to enhance drying processes compared to freeze drying, rack drying, and air drying [6] - Benefits include faster moisture level achievement, improved product taste, texture, color, and nutritional value [6]
EnWave Signs Royalty-Bearing Commercial License with Shinyway International Limited of New Zealand
Globenewswire· 2025-11-12 14:00
Core Insights - EnWave Corporation has signed a royalty-bearing commercial license agreement with Shinyway International Limited for the use of its Radiant Energy Vacuum (REV™) technology in cannabis product production in New Zealand [1][2]. Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a focus on providing efficient drying solutions for the food, pharmaceutical, and cannabis industries [4]. - The company has over fifty partners across twenty-four countries, enabling them to create innovative snacks and ingredients while improving product quality and market efficiency [5]. Shinyway International Limited - Shinyway specializes in drying and trimming services for cannabis growers in New Zealand and plans to install a 10kW REV™ machine to enhance its competitive edge [3]. - The company aims to build collaborative relationships with local growers and is committed to supporting the growth of New Zealand's cannabis industry through responsible practices and innovation [3]. Technology and Benefits - EnWave's REV™ technology allows for faster and more economical drying compared to traditional methods, improving product taste, texture, color, and nutritional value [6]. - The technology enables producers to reach optimal moisture levels up to seven times faster than conventional drying methods [6].
EnWave Signs Royalty-Bearing Commercial License with Solve Solutions Ltda of Brazil and Sells 10kW REV Machinery
Globenewswire· 2025-09-29 13:00
Core Insights - EnWave Corporation has signed a royalty-bearing commercial license agreement with Solve Solutions, a Brazilian food company specializing in premium dried fruits, vegetables, and snacks [1][2] - Solve Solutions will utilize EnWave's patented Radiant Energy Vacuum (REV™) technology for drying select products in Brazil and is required to purchase a large-scale REV™ machine within six months [2] - The partnership aims to enhance product development and supply high-quality dried ingredients that conventional methods cannot achieve [4][5] Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a focus on efficiency, product quality, and cost-effectiveness [6][8] - The company has over fifty partners across twenty-four countries, enabling them to create innovative snacks and ingredients [7] - EnWave's strategy includes signing commercial licenses with food producers to improve drying processes and product quality [8] Solve Solutions Overview - Solve Solutions, operating under Troyes Participações SA, focuses on manufacturing premium dehydrated fruits, vegetables, and cheeses for both ingredient markets and consumer products [3] - The company collaborates with food manufacturers and CPG brands to fill supply gaps for high-quality dried ingredients [4] - Solve Solutions emphasizes innovation and product development, positioning itself as a trusted partner in the food market [5]
EnWave Corporation Announces Closing of Fully Subscribed $3 Million LIFE Offering
Globenewswire· 2025-08-21 13:22
Core Viewpoint - EnWave Corporation successfully closed a private placement offering, raising C$3,000,000 through the issuance of 7,500,000 common shares at C$0.40 per share [1][2]. Group 1: Offering Details - The offering included a brokered component of 6,125,000 shares and a non-brokered component of 1,375,000 shares [2]. - Clarus Securities Inc. acted as the lead agent and sole bookrunner for the brokered component of the offering [2]. - The offering was conducted under the Listed Issuer Financing Exemption, allowing for the issuance of shares without a hold period, except for a four-month hold on shares received by directors and officers [3]. Group 2: Financial Aspects - Clarus received a cash commission of C$134,750 and 336,875 non-transferrable compensation options, each allowing the acquisition of one share at the issue price for 24 months [4]. - The net proceeds from the offering will be used to build two large-scale Radiant Energy Vacuum (REV™) dehydration machines, with a manufacturing timeline of approximately six months [5]. Group 3: Related Party Transactions - The offering involved a related party transaction, with certain directors and senior officers subscribing for a total of 212,500 shares [6]. - The company relied on exemptions from formal valuation and minority shareholder approval requirements due to the transaction's value being below 25% of the company's market capitalization [6]. Group 4: Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a focus on food, pharmaceutical, and cannabis industries [8]. - The company has over fifty partners across twenty-four countries, utilizing its technology to create innovative products and improve existing offerings [9]. - EnWave's strategy includes signing royalty-bearing commercial licenses with food producers to enhance drying efficiency and product quality [10].
EnWave to Report Third Quarter Financial Results on August 21, 2025 and Host Investor Conference Call
GlobeNewswire News Room· 2025-08-15 00:30
Core Insights - EnWave Corporation will report its financial results for Q3 2025 on August 21, 2025, after market close [1] - A conference call to discuss the results and business outlook is scheduled for August 22, 2025, at 7:00 a.m. Pacific Time [2][3] Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a patented Radiant Energy Vacuum (REV™) technology [4] - The company serves various industries, including food, pharmaceuticals, and cannabis, offering a drying solution that outperforms traditional methods in efficiency, capacity, product quality, and cost [4] Business Strategy - EnWave aims to sign royalty-bearing commercial licenses with food producers to enhance their drying processes, achieving optimal moisture levels up to seven times faster than conventional methods [6] - The company has over fifty partners across twenty-four countries, enabling them to create innovative snacks and ingredients while improving existing product quality and market speed [5]
EnWave to Report Third Quarter Financial Results on August 21, 2025 and Host Investor Conference Call
Globenewswire· 2025-08-15 00:30
Core Insights - EnWave Corporation will report its financial results for Q3 2025 on August 21, 2025, after market close [1] - A conference call to discuss the results and business outlook is scheduled for August 22, 2025, at 7:00 a.m. Pacific Time [2][3] Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a patented Radiant Energy Vacuum (REV™) technology [4] - The company serves various industries, including food, pharmaceuticals, and cannabis, offering a drying solution that outperforms traditional methods in efficiency, capacity, product quality, and cost [4] Business Strategy - EnWave aims to sign royalty-bearing commercial licenses with food producers to enhance drying processes, enabling faster production and improved product quality [6] - The company has over fifty partners across twenty-four countries, helping them create innovative snacks and ingredients while improving existing product offerings [5]
EnWave Corporation Announces LIFE Offering Private Placement of up to $3 Million
Globenewswire· 2025-08-07 11:00
Core Viewpoint - EnWave Corporation has announced a private placement agreement to sell up to 7,500,000 common shares at C$0.40 per share, aiming for gross proceeds of up to C$3,000,000, with a minimum of C$2,000,000 required to proceed with the offering [1][4] Group 1: Offering Details - The offering will be conducted under the Listed Issuer Financing Exemption, allowing shares to be sold without a hold period under Canadian securities laws [2] - The expected closing date for the offering is around August 21, 2025, pending necessary approvals [4] - Clarus Securities Inc. will receive a cash commission of 5.5% of the gross proceeds and non-transferable compensation options equal to 5.5% of the shares sold [5] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to the construction of two large-scale Radiant Energy Vacuum (REV™) dehydration machines, which will take approximately six months to manufacture [3] Group 3: Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a focus on food, pharmaceutical, and cannabis industries [7] - The company has over fifty partners across twenty-four countries, utilizing its technology to create innovative products and improve existing offerings [8] - EnWave's strategy includes signing royalty-bearing commercial licenses with food producers to enhance drying efficiency compared to traditional methods [9]
EnWave Sells Two Additional 10kW Radiant Energy Vacuum Machines to Dairy Concepts Irl for Expanded Dairy Snack Production in Europe
Globenewswire· 2025-07-30 13:00
Company Overview - EnWave Corporation has sold two additional 10kW Radiant Energy Vacuum (REV™) dehydration machines to Dairy Concepts Irl (DCI), marking the fifth and sixth units acquired by DCI [1] - DCI holds an exclusive license to utilize EnWave's proprietary drying technology for producing specific dairy snacks in the UK [1] Product Innovation - DCI specializes in creating high-protein, high-calcium crunchy snacks from Irish cheese, including their CheeseOs™ and Moorepark™ ranges, which feature various flavors and premium cheese options [2][3] - The CheeseOs™ range is made from mild cheddar and includes flavors like salt and vinegar, while the Moorepark™ range uses specialty cheeses such as chilli cheddar and black pepper cheddar [2] Market Performance - DCI has successfully established a market for its innovative snacks, with notable success in Marks and Spencer, leading to further distribution opportunities [3][4] - The company has positioned itself as a leading innovator in the global dairy snacks market by leveraging Ireland's quality dairy ingredients and scientific talent [4] EnWave's Technology and Strategy - EnWave is recognized as a global leader in vacuum microwave dehydration, with a robust intellectual property portfolio and a focus on efficient, scalable drying solutions for various industries [5][6] - The company aims to sign royalty-bearing commercial licenses with food producers, offering benefits such as faster drying times and improved product quality compared to traditional methods [7]