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EnWave (TSXV:ENW) signs equipment purchase agreement

Consumer, Technology
TSXV:ENW
12 July 2022 10:15 (EDT)

Source: EnWave Corp.

EnWave Corporation (ENW) has signed a 120kw radiant energy vacuum equipment purchase agreement with Dole Worldwide Food & Beverage Group.

The 120kW Radiant Energy Vacuum dehydration processing line is expected to increase Dole’s vacuum-microwave processing capabilities. EnWave’s Radiant Energy Vacuum technology is a rapid drying solution that facilitates the production of food applications ideal to help Dole achieve its purpose.

Dole Food & Beverages Group, a division of Dole Asia Holdings, is a world leader in growing, sourcing, distributing, and marketing fruit and healthy snacks.

EnWave licenses its Radiant Energy Vacuum technology, a proprietary method for dehydrating organic materials.

EnWave (ENW) is up by 3.28 per cent and is trading at $0.63 per share as of 11:20 am ET.

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