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EnWave (TSXV:ENW) enters Indian market

Technology
TSXV:ENW
13 October 2021 13:00 (EDT)
EnWave - CEO, Brent Charleton.

Source: Business in Vancouver.

EnWave (ENW) has entered the Indian market through a technology and evaluation license option agreement with Lalsai Dehy Food.

LD Food is a Gujarat-based food manufacturer that specializes in dehydrated vegetable and spice products for domestic and export markets. 

It will evaluate the potential commercial use of EnWave’s Radiant Energy Vacuum dehydration technology on a variety of vegetables, herbs, spices and dairy-based products.

To this end, it will rent a 10 kW REV machine for intensive product development at its processing facility in Mahuva, Gujarat. If commercially viable ingredient and snack products are developed, it will look to purchase REV machinery to commence commercial-scale production.

REV technology is currently licensed to over 45 companies in 21 countries worldwide.

EnWave Corporation is a Vancouver-based technology company that commercializes its REV technology for the precise dehydration of organic materials.

EnWave (ENW) is unchanged trading at $1.06 per share as of 12:50 pm ET.

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