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EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) earlier this week outlined expectations for accelerating royalty revenue, a reduced cost base and further large-scale machine sales as the company moves towards fiscal 2027. CEO Brent Charleton told Proactive that EnWave's third-quarter numbers were significantly stronger than those recorded in the first two quarters of the fiscal year, with royalty growth supported by commercial progress among several partners.

EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) said Thursday it is winding down its REVworx co-manufacturing operations, a move expected to cut annual operating costs by about $1 million and materially improve net income. The restructuring reflects the growing maturity of EnWave's Radiant Energy Vacuum drying technology, which the company said has reduced the need for internal co-manufacturing to support customer testing and validation.

EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) announced on Tuesday that Loovies, a Mexico-based food technology company and previously unnamed commercial royalty-bearing licensee, has launched Loovies Styx, a snack product made from whole fruits and vegetables using EnWave's Radiant Energy Vacuum (REV) technology. Loovies entered into a commercial royalty-bearing license with EnWave on November 10, 2025, and purchased a 10kW REV machine from the company to begin initial commercial production.

EnWave Corporation (ENW:CA) Q3 2026 Earnings Call Transcript

EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) delivered stronger quarterly results, with a large-scale equipment sale and rising royalties driving revenue growth and a sharply narrower loss. The Vancouver-based dehydration technology company reported third-quarter revenue of $3.3 million, up $569,000 from the same period last year, driven by the sale of a fully fabricated large-scale machine that had been held in inventory, along with higher royalties.

EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) announced that it has signed a research and development license agreement with the University of Limerick in Ireland and sold the university a small-scale Radiant Energy Vacuum (REV) machine to support research, product development and academic studies. Under the agreement, the University of Limerick will establish REV capabilities that will allow researchers and industry participants to access the technology for product development, process optimization and applied research, EnWave said.