Dehydration Technology
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EnWave CEO on new commercial licenses and 2026 outlook โ ICYMI
Proactiveinvestors NAยท 2025-11-15 15:18
Core Insights - EnWave Corp has announced two new commercial agreements for its dehydration technology platform, including a deal with Shinyway International Limited for a 10-kilowatt unit aimed at cannabis processing [1][3] Group 1: Commercial Agreements - Shinyway International Limited has acquired a 10-kilowatt unit from the insolvency of Medical Kiwi and plans to use it as a tolling facility for cannabis processing in the Australasian region [1][3] - The company is committed to expanding the use of EnWave's technology and may consider purchasing larger units in the future [2][3] Group 2: Technology Applications - EnWave's dehydration technology is versatile, allowing for efficient moisture removal from organic materials, which can lead to various innovative applications [5] - The technology has been optimized for both smokable cannabis and plant material intended for extraction, enhancing efficiency and potentially increasing profit margins for users [4] Group 3: Future Developments - EnWave has signed a royalty-bearing commercial license with a significant US-based snack company, which will launch products in Q2 2024 [6] - The company is optimistic about numerous projects in the pipeline and aims for improved financial performance in fiscal 2026 [7]