EnWave signs technology agreement with Brazilian food innovator Solve Solutions [Video]

Brent Charleton, President and CEO of Enwave Corporation joined Steve Darling from Proactive to announce the company’s latest partnership through a Technology Evaluation and License Option Agreement with Solve Solutions, a prominent Brazilian food company. Solve Solutions specializes in producing and marketing premium dried fruits, vegetables, and snack products for private label brands and consumer food manufacturers in Brazil and international export markets.

This agreement marks a significant milestone for EnWave, as it represents the company’s first collaboration with a Brazilian food manufacturer. Under the terms of the agreement, Solve Solutions will hold an exclusive option to license EnWave’s proprietary Radiant Energy Vacuum or REV drying technology for the production of select dried fruits, vegetables, and cheese snacks in Brazil.

To facilitate this partnership, Solve Solutions will rent a 10kW REV™ machine for installation at their facility in Santa Catarina, Brazil. This equipment will enable the rapid development and production of premium dried products tailored to the company’s target customers. The rental period will span a minimum of three months and could extend up to six months, providing ample time for testing and product development.

If the trial period proves successful, Solve Solutions has the option to acquire the 10kW REV™ machine permanently. This initiative underscores Solve Solutions’ commitment to innovation and aligns with EnWave’s strategy to expand its groundbreaking REV™ technology into new markets.

Charleton emphasized that the agreement holds significant potential for both companies, leveraging Solve Solutions’ expertise in the Brazilian market and EnWave’s advanced drying technology to create high-quality, premium snack products. This collaboration not only strengthens EnWave’s global footprint but also reinforces its position as a leader in innovative food drying solutions.

#proactiveinvestors #enwavecorporation #tsxv #enw #DehydrationTech #VacuumMicrowave #RoyaltyBusinessModel #BluechipClients #BrazilMarket #GlobalExpansion #SolveSolutions #EmergingMarkets #BrentCharleton #ProactiveNews #Innovation #FoodProcessing #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews