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EnWave Lands Second REV Machine Sale, CFO Change Ahead

EnWave scores another 120kW equipment deal with Procescir and signals a CFO transition is coming.

EnWave Corporation just closed a second equipment sale with Mexican food-tech firm Procescir S.A. de C.V., and the deal signals the company's Radiant Energy Vacuum technology is gaining real commercial traction south of the border. The new Equipment Purchase Agreement covers a 120kW REV dehydration machine — the same core technology EnWave has been licensing and selling globally to food and cannabis processors.

This isn't a one-off. The fact that Procescir is coming back for a second machine tells you the first unit delivered results worth doubling down on. Repeat hardware orders are a strong validator for any capital-equipment business, and EnWave investors should read this as a signal that its commercial pipeline is more than just signed royalty deals.

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The company also flagged a Chief Financial Officer transition, which adds a layer of uncertainty worth watching. Leadership changes in the finance seat can mean anything from a routine retirement to a strategic reset — and without more detail, you want to monitor how management addresses the timeline and succession plan.

EnWave trades on the TSX Venture Exchange under the ticker ENW and on the Frankfurt Stock Exchange as E4U. For a small-cap equipment play, back-to-back machine sales to the same customer is exactly the kind of catalytic news that moves the needle. Keep the CFO story on your radar as details emerge.

Continue reading at GlobalNewswire.

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Frequently Asked Questions

Q.What is the REV machine EnWave sold to Procescir?

The REV machine is a 120kW Radiant Energy Vacuum dehydration machine made by EnWave Corporation, used for processing and drying food and other products.

Q.Is this the first time Procescir has bought an EnWave machine?

No, this is the second Equipment Purchase Agreement between EnWave and Procescir, meaning the Mexican firm has purchased at least two REV machines from the company.

Q.Where does EnWave Corporation trade publicly?

EnWave trades on the TSX Venture Exchange under the ticker ENW and on the Frankfurt Stock Exchange under the symbol E4U.

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