Company Snapshot: EnWave Corporation (ENW)

Although 2017 has only just begun, EnWave Corp (TSXV:ENW – $1.18 CAD & OTC:NWVCF – $0.88 USD) already sent out a strong message that it aims to build on last year’s growth momentum. During the past week, it received repeat machine purchase orders from Ereğli Agrosan (100kW machine) and Natural Nutrition (10kW machine). For Ereğli this is the fourth dryer, […]

EnWave Corporation (TSXV:ENW – $1.18 CAD & OTC:NWVCF – $0.88 USD) offers industrial-scale dehydration technology for commercial applications in the food and pharmaceutical spaces. The Company’s Radiant Energy Vacuum (“REV”) platforms are becoming the new global dehydration standard, as they are faster and cheaper than freeze drying, and have better end product quality than both air drying and spray drying. […]

EnWave Corp’s (TSXV:ENW – $1.13 CAD & OTC:NWVCF – $0.85 USD) fiscal year 2016, which ended September 30, 2016, was extraordinary on all fronts. The Company reported revenues of $14.9 million for the year, compared to $5.9 million in the prior year, up more than 150%. And net loss from continued operations was reduced from $5.0 million last year to […]

EnWave Corp’s (TSXV:ENW – $1.19 CAD & OTC:NWVCF – $0.87 USD) efforts to expand in Europe are starting to pay off significantly. Earlier this week, it signed a Technology Evaluation and License Option Agreement (TELOA) with a major dairy processor and a major meat processor, both located in Europe. Although few details were announced, we understand that the dairy company […]

Dominant Slice Lda, a Portuguese snack company, has launched its very own dried cheese product, coined Bit Cheese, for the European market. The snacks come in three flavors, cheddar (cheese with origin in England), Flamengo (cheese with origin in Holland), and spicy (also cheese from Holland, but more spicy). All three are produced with EnWave Corp’s (TSXV:ENW – $1.09 CAD […]

Most frozen vegetables are already used and appreciated by the food industry and consumers alike; however some are still lagging behind. This is particularly the case for vegetables that are high in water content, such as mushrooms, onions and peppers. During the traditional freezing process, the free water content in a vegetable transforms into ice crystals, which break up the […]

2016 turns out to be an inflection point for EnWave Corp. (TSXV:ENW – $1.27 CAD & OTC:NWVCF – $0.94 USD). In the Company’s second quarter, which ended March 31st, it reported a positive net income for the first time in its history. And in the third quarter, revenues and earnings were even higher. So it was high time to speak […]

EnWave Corporation (TSXV:ENW – $1.27 CAD & OTC:NWVCF – $0.94 USD) offers industrial-scale dehydration technology for commercial applications in the food and pharmaceutical spaces. The Company’s Radiant Energy Vacuum (“REV”) platforms are becoming the new global dehydration standard, as they are faster and cheaper than freeze drying, and have better end product quality than both air drying and spray drying. […]

EnWave Corporation (TSXV:ENW – $1.30 CAD & OTC:NWVCF – $1.05 USD) achieved a positive net income in its third quarter ended June 30, 2016. The second consecutive quarter of positive earnings for the Company. EnWave it generated net income from continuing operations of $113,000 compared with a loss of $1,562,000 in the second quarter of last year. The third quarter […]

EnWave Corporation (TSXV:ENW – $1.27 CAD & OTC:NWVCF – $1.02 USD), which offers industrial-scale dehydration technology for applications in the food and pharmaceutical spaces, has signed a Technology Evaluation and License Option Agreement (TELOA) with a major European food processor. The latter will develop a number of dried meat and dairy snack products using EnWave’s Radiant Energy Vacuum (REV) dehydration […]