Company Snapshot: EnWave Corporation (ENW)

While EnWave’s (TSXV:ENW – $1.16 CAD & OTC:NWVCF – $0.91 USD) dehydration technology has proven to be very successful in a number of sectors such as fruits, vegetables, and meats, especially the dairy market is outpacing all others. The success of Moon Cheese, which is being produced by EnWave’s 51% owned subsidiary NutraDried LLC and distributed in over 20,000 retail […]

After announcing a machine purchase order, a Technology Evaluation and License Option Agreement (TELOA), and a commercial royalty-bearing agreement, EnWave Corp (TSXV:ENW – $1.15 CAD & OTC:NWVCF – $0.89 USD) extended its TELOA with Ultima Foods Inc. All in one month! In May last year, the Company signed a technology evaluation agreement with Ultima Foods, a major Canadian yogurt and […]

In less than a month, EnWave Corp (TSXV:ENW – $1.15 CAD & OTC:NWVCF – $0.89 USD) closed two additional commercial royalty-bearing agreements. In June, it signed a deal with Merom Farms to produce wasabi-based products. And this week EnWave granted Perdue Foods LLC the exclusive right to use the Company’s Radiant Energy Vacuum (REV) dehydration technology to process pet food […]

After signing a technology evaluation agreement with a major Australasian dairy company a couple of months ago, EnWave Corp (TSXV:ENW – $1.01 CAD & OTC:NWVCF – $0.77 USD) has now closed a similar deal in the same region with a leading manufacturer of fresh and processed meat products. The Australasian company will rent a 10kW Radiant Energy Vacuum (REV) dehydration […]

Milne Fruit Products, Inc, a processor and global supplier for the industrial food ingredient, beverage, and health & wellness markets, has ordered a 120kW Radiant Energy Vacuum (REV) dryer from EnWave (TSXV:ENW – $0.93 CAD & OTC:NWVCF – $0.74 USD) to double its processing capacity of MicroDried fruit and vegetable products. Milne entered the dried fruits and vegetables market a […]

Merom Farms, an agricultural and food production company located in British Columbia, Canada, will soon start selling wasabi-based products under a private label to food processors in Canada and the United States. The very unique and nutrient-rich wasabi product is processed using EnWave Corp’s (TSXV:ENW – $0.82 CAD & OTC:NWVCF – $0.66 USD) Radiant Energy Vacuum (REV) dehydration technology. EnWave […]

EnWave Corporation (TSXV:ENW – $0.85 CAD & OTC:NWVCF – $0.65 USD), which offers industrial-scale dehydration technology for commercial applications in the food and pharmaceutical spaces more than doubled its revenues in its second quarter of 2016 and achieved positive net income for the first time in its history. Several companies, such as Natural Nutrition and Ereğli Agrosan, have recently purchased […]

EnWave Corporation (TSXV:ENW – $0.95 CAD & OTC:NWVCF – $0.73 USD), which offers industrial-scale dehydration technologies for food and pharmaceutical companies, reported a positive net income for the first time in its history. During the second quarter, ended March 31, 2016, it generated net income from continuing operations of $95,000 compared with a loss of $910,000 in the second quarter […]

While several companies are hesitating to enter into a commercial license and machine purchase order agreement with EnWave Corp (TSXV:ENW – $0.85 CAD & OTC:NWVCF – $0.61 USD), others go full speed ahead by ordering a second Radiant Energy Vacuum (REV) dryer. Last week, Natural Nutrition purchased its second nutraREV machine, and now Ereğli Agrosan, a Turkish company that produces […]

Less than a year after the successful start-up of a 10kW Radiant Energy Vacuum (REV) machine at the facilities of Natural Nutrition in Chile, the fruit processor has ordered a second 10kW dryer from EnWave Corp (TSXV:ENW – $0.80 CAD & OTC:NWVCF – $0.60 USD). In just one year, Natural Nutrition has positioned itself as a leading provider of one-hundred-percent […]