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The Markets
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EnWave advances Mexican expansion with second payment from Procescir for 120kW REV™ machine

EnWave advances Mexican expansion with second payment from Procescir for 120kW REV™ machine

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

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