EnWave signs commercial license with Brazil’s Solve Solutions for exclusive use of REV tech

From Proactive - Interviews for investors Proactive

EnWave Corporation CEO Brent Charleton joined Steve Darling from Proactive to announce the signing of a new royalty-bearing, commercial license agreement with Solve Solutions, a Brazilian food company specializing in the production and sales of premium dried fruits, vegetables, and snack products. Solve Solutions serves both private label brands and consumer packaged goods manufacturers within Brazil and in international markets, making it a strong partner for EnWave’s global expansion strategy. As part of the agreement, Solve Solutions has also purchased one of EnWave’s 10kW Radiant Energy Vacuum (REV™) machines, which was previously leased under a Technology Evaluation and License Option Agreement. With this purchase, the company will now hold an exclusive license to use EnWave’s patented REV™ technology for drying select fruits, vegetables, and cheese products within Brazil. Under the terms of the deal, Solve Solutions will pay EnWave a royalty structure in line with other existing licensees. In addition, Solve Solutions is required to purchase a large-scale REV™ machine within six months of the commercial license’s effective date in order to maintain exclusivity, as well as remit minimum royalty payments on an ongoing basis. Charleton emphasized that EnWave intends to work closely with Solve Solutions to support product development and ensure the successful commercialization of premium dried food products in Brazil and beyond. By leveraging REV™ technology, Solve Solutions will be able to deliver shelf-stable, nutrient-rich products that appeal to health-conscious consumers while differentiating itself in a competitive global food marketplace. #proactiveinvestors #enwavecorporation #tsxv #enw #DehydrationTech #VacuumMicrowave #RoyaltyBusinessModel #BluechipClients #FoodTech #BusinessNews #Investing #RadiantEnergyVacuum #Agritech #Procescir #DehydrationTechnology #FoodInnovation #SupplyAgreement #InvestmentNews #ProactiveInvestors #microdried