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EnWave advances Mexican expansion with second payment from Procescir for 120kW REV™ machine
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Manage episode 479844675 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
EnWave Corporation CEO Brent Charleton joined Steve Darling from Proactive to announce the company has received a second progress payment from Procescir, a vertically integrated Mexican agriculture firm, for the purchase of a 120kW Radiant Energy Vacuum (REV™) machine. The machine will be used for commercial production of fruit and vegetable products in Mexico. Charleton revealed that Procescir plans to produce both private-label and branded snacks, as well as provide toll drying services to established and emerging brands. A significant boost to EnWave’s royalty stream is expected, as Procescir has signed a two-year toll drying agreement with a leading American healthy snack company, which will likely utilize the majority of the 120kW unit’s capacity. To stay ahead of demand, EnWave began manufacturing the 120kW REV™ machine in late 2024, ensuring timely delivery to Procescir by July 2025. In addition, EnWave will immediately begin building another large-scale REV™ system to meet anticipated future orders from its growing sales pipeline. #proactiveinvestors #enwavecorporation #tsxv #enw #DehydrationTech #VacuumMicrowave #RoyaltyBusinessModel #BluechipClients #FoodTech #BusinessNews #Investing #RadiantEnergyVacuum #Agritech #Procescir #DehydrationTechnology #FoodInnovation #SupplyAgreement #InvestmentNews #ProactiveInvestors
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605 episodes
MP3•Episode home
Manage episode 479844675 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
EnWave Corporation CEO Brent Charleton joined Steve Darling from Proactive to announce the company has received a second progress payment from Procescir, a vertically integrated Mexican agriculture firm, for the purchase of a 120kW Radiant Energy Vacuum (REV™) machine. The machine will be used for commercial production of fruit and vegetable products in Mexico. Charleton revealed that Procescir plans to produce both private-label and branded snacks, as well as provide toll drying services to established and emerging brands. A significant boost to EnWave’s royalty stream is expected, as Procescir has signed a two-year toll drying agreement with a leading American healthy snack company, which will likely utilize the majority of the 120kW unit’s capacity. To stay ahead of demand, EnWave began manufacturing the 120kW REV™ machine in late 2024, ensuring timely delivery to Procescir by July 2025. In addition, EnWave will immediately begin building another large-scale REV™ system to meet anticipated future orders from its growing sales pipeline. #proactiveinvestors #enwavecorporation #tsxv #enw #DehydrationTech #VacuumMicrowave #RoyaltyBusinessModel #BluechipClients #FoodTech #BusinessNews #Investing #RadiantEnergyVacuum #Agritech #Procescir #DehydrationTechnology #FoodInnovation #SupplyAgreement #InvestmentNews #ProactiveInvestors
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