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EnWave (TSXV:ENW) signs R&D license agreement with Danish Technological Institute

Consumer, Industrial, Market News
TSXV:ENW
16 March 2023 09:00 (EDT)

Source: Enwave Corp.

EnWave (ENW) has signed a research and development license with the Danish Technological Institute.

The institute is a research and technology company who will acquire a 10kW Radiant Energy Vacuum (REV) machine for product and process development work with several of their customers.

The license will allow the Danish Technological Institute to produce limited quantities of commercial products for market testing and analysis. EnWave believes that institute has the network and capabilities to highlight the value proposition of REV technology in several industries and looks forward to fruitful collaborative work.

The Danish Technological Institute is an independent and non-profit research and development firm that applies technological advances for the benefit of both business and society.

The institute delivers 40,000 advanced technological solutions annually in response to concrete needs and challenges of our more than 12,000 customers.

This work is carried out by 1,000 specialists, who – in close cooperation with 800 research and development partners, assist both small and large enterprises.

EnWave is a leader in the innovation and application of vacuum microwave dehydration.

EnWave Corp. (ENW) opened trading at C$0.27 per share.

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