EnWave Corporation

EnWave Corporation completed the sale of a 60kW Radiant Energy Vacuum machine to AvoLov, LLC d.b.a. BranchOut Food, and signed a royalty-bearing commercial license agreement for avocado snacks and ingredients.

EnWave signed a royalty-bearing commercial license with a leading Illinois-based cannabis company to use its REV dehydration technology, and received an order for a 120kW REV machine and a 10kW unit.

EnWave Corporation signed a third Equipment Purchase Agreement with Nanuva Ingredients for two additional 10kW REV dehydration machines for Nanuva's operations in Chile, with delivery expected in late Spring 2021.

EnWave Corporation has signed an Equipment Purchase Agreement with Patatas Fritas Torres S.L. for a 100kW Radiant Energy Vacuum (REV) machine. The machine will be used to produce REV-dried cheese snacks in Spain.

EnWave Corporation signed a commercial royalty-bearing license with GentleDry Technologies for the use of EnWave's REV dehydration technology in cannabis processing in the US. GentleDry also purchased a 10kW REV machine from AvoLov.

Scitek announced an exclusive partnership with EnWave to distribute EnWave's Radiant Energy Vacuum (REV) microwave vacuum drying technology in Australia.

EnWave Corporation signed an Equipment Purchase Agreement with Calbee, Inc. for two additional 10kW Radiant Energy Vacuum (REV) dehydration machines in Japan, tripling Calbee's royalty-bearing production capacity.

EnWave has signed a royalty-bearing commercial license agreement with Pacifico Snacks to produce REV dried fruit snacks, and Pacifico Snacks purchased a 10kW REV machine for commercial production in Colombia.

EnWave Corporation signed a royalty-bearing commercial license with Australian dairy company KL Ballantyne for use of its REV technology, and received a purchase order for a 10kW REV machine for commercial production.

EnWave Corporation signed an exclusive royalty-bearing commercial license with Helius Therapeutics Ltd. for use of its REV™ dehydration technology for drying cannabis in New Zealand. Helius purchased a 10kW REV™ machine and must purchase additional machinery by June 2021 to retain exclusivity.

EnWave Corporation approved a capital investment of up to CA$8 million to install a third 120kW REV machine at NutraDried's Ferndale, Washington facility, expanding Moon Cheese production capacity.

EnWave Corporation received a second purchase order from Ashgrove Cheese for a 10kW Radiant Energy Vacuum (REV) equipment to double production capacity for Amazeballs cheese snack in Australia.

NutraDried Food Company LLC, a subsidiary of EnWave, has signed an equipment purchase agreement to acquire a second 100kW REV machine and a 10kW REV machine to expand production capacity for Moon Cheese snacks.

EnWave signed a commercial royalty-bearing license with Howe Foods to use its REV dehydration technology for dried banana and blueberry products in Australia. Howe Foods also placed a purchase order for a small-scale commercial REV machine.

EnWave Corporation signed a commercial royalty-bearing license with Ashgrove Cheese Pty Ltd for use of REV technology to process dried cheese products in Tasmania. Ashgrove also placed a purchase order for a small-scale REV machine.

EnWave Corporation has been contracted by Bonduelle to increase the productivity of Bonduelle's 120kW REV Machinery by incorporating a continuous belt system, approximately doubling production capacity. Bonduelle will make a significant payment for the improvement.