Enwave Corp (TSE:ENW) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
EnWave Corporation has secured a new deal with a prominent South American food manufacturer, granting them a royalty-bearing commercial license and leasing two of their innovative 10kW REV dehydration machines for immediate production. This partnership is set to potentially expand with the manufacturer’s planned acquisition of a larger 120kW REV unit, subject to financing within the next six months. EnWave’s patented vacuum microwave dehydration technology is revolutionizing drying processes across the food, pharmaceutical, and cannabis industries, offering partners improved product quality and efficiency.
For further insights into TSE:ENW stock, check out TipRanks’ Stock Analysis page.