01:45:27 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



EnWave Corp
Symbol ENW
Shares Issued 110,780,055
Close 2024-02-05 C$ 0.28
Market Cap C$ 31,018,415
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EnWave signs toll manufacturing deal with BranchOut

2024-02-06 13:22 ET - News Release

Mr. Brent Charleton reports

ENWAVE SIGNS TOLL MANUFACTURING AGREEMENT WITH BRANCHOUT FOOD INC. TO LEVERAGE REVWORX MANUFACTURING CAPACITY

EnWave Corp. has signed a toll manufacturing agreement with current royalty partner BranchOut Foods to produce vegetable snack products on an interim basis. The agreement secures two months of single-shift manufacturing, beginning early March, 2024, and also provides for optional additional toll manufacturing as needed.

About EnWave Corp.

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, B.C., EnWave 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.

With more than 50 royalty-generating partners spanning 26 countries and five continents, EnWave's licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company's patented technology, licensed machinery and expert guidance.

EnWave's strategy is to sign royalty-bearing commercial licences with food producers who want to dry better, faster and more economically than freeze drying and air drying; enjoy the following benefits of producing exciting new products; reach optimal moisture levels up to seven times faster; and improve product taste, texture, colour and nutritional value.

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