- EnWave Corporation (ENW) has received a signed purchase agreement from Fungaria Snack
- The agreement is for a 10kW Radiant Energy Vacuum dehydration machine to be located at Fungaria Snack’s production facility in Budapest, Hungary
- The 10kW machine was commissioned in February 2021 as part of a technology evaluation, and will be utilized for the development and commercialization of premium fruit and vegetable snacks for the Hungarian market
- EnWave is a leader in the innovation and application of vacuum microwave dehydration
- EnWave Corporation was up 3.226 per cent, trading at $0.64 at 1:28 PM ET
EnWave Corporation (ENW) has received a signed purchase agreement from Fungaria Snack for a 10kW Radiant Energy Vacuum dehydration machine.
The machine is to be located at Fungaria Snack’s production facility in Budapest, Hungary.
The 10kW machine was commissioned in February 2021 as part of a technology evaluation, and will be utilized for the development and commercialization of premium fruit and vegetable snacks for the Hungarian market.
Fungaria is looking to capitalize on the steadily growing snack sector in Hungary by introducing single ingredient, better-for-you, nutritious snack options, including local flavours and ingredients.
EnWave is a leader in the innovation and application of vacuum microwave dehydration.
The Vancouver-based company is has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost.
EnWave Corporation was up 3.226 per cent, trading at $0.64 at 1:28 PM ET.