EnWave Signs Royalty-Bearing Commercial License with Solve Solutions Ltda of Brazil and Sells 10kW REV Machinery

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[{"type":"text","content":"EnWave Signs Royalty-Bearing Commercial License with Solve Solutions Ltda of Brazil and Sells 10kW REV Machinery\n\n\n\n VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) --\n \n\n\n EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”)\n \n announced today that it has signed a royalty-bearing, commercial license agreement (the “Commercial License”) with Solve Solutions Ltda (“Solve Solutions”), a Brazilian food company. Solve Solutions specializes in the production and sales of premium dried fruits, vegetables, and snack products for private label brands and consumer packaged food manufacturers in Brazil, as well as international markets. Solve Solutions also purchased the 10kW Radiant Energy Vacuum (“REV™”) machine that was previously being leased under a Technology Evaluation and License Option Agreement (“TELOA”) with EnWave.\n \n\n Under the Commercial License terms, Solve Solutions will hold an exclusive license to use EnWave’s patented REV™ technology to dry select fruits, vegetables, and cheese products in the country of Brazil. Solve Solutions will pay a royalty commensurate with certain other existing licenses granted by EnWave, and the Company intends to continue working closely with Solve Solutions to ensure optimal product development success. Pursuant to the licensing agreement, Solve Solutions must purchase a large-scale REV™ machine within 6 months of the effective date of the Commercial License and remit minimum royalty requirements to keep their exclusive rights.\n \n\n\n About Solve Solutions\n \n\n Solve Solutions (dba Solve Foods) is a Brazilian food ingredient manufacturing business under parent company Troyes Participações SA, a company that manages various enterprises in the textile and building products industries. Solve Solutions specializes in the production of premium dehydrated fruits, vegetables, and cheeses, serving both ingredient markets and finished consumer products. The company’s growing product portfolio includes strawberries, pineapples, mangoes, bananas, beets, carrots, ginger, and cheese.\n \n\n From its base in the state of Santa Catarina, Solve Foods partners with food manufacturers and consumer packaged goods (CPG) brands throughout ...

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