EnWave signs technology evaluation and license option agreement with meat snack company
by CM Staff
The agreement provides the meat snack company, whose name they have yet to disclose, with the right to develop and market test several meat snack iterations in the U.S.
VANCOUVER — EnWave Corporation has signed a Technology Evaluation and License Option Agreement with a North American meat snack company.
The agreement provides the meat snack company, whose name they have yet to disclose, with the right to develop and market test several meat snack iterations in the United States.
During the term of the agreement, EnWave will lease a 10kW Radiant Energy Vacuum (“REV™”) machine for use. Prior to entering into the agreement, the meat snack company collaborated with EnWave to refine product concepts at the company’s innovation centre in Vancouver, Canada.
Planned market tests will take place in 2023. If successful, EnWave expects the meat snack company to need large-scale REV™ machinery to meet their forecasted production capacity.
