EnWave Signs New Royalty-Bearing Commercial Licence with Hokkai Yamato and Sells 10kW REV Machinery
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EnWave Corporation has signed a new royalty-bearing commercial license agreement with Hokkai Yamato Foods Japan and sold a 10kW Radiant Energy Vacuum (REV™) machine. The license allows Hokkai Yamato to use EnWave's patented technology for producing various food products in Japan, with royalty payments aligned with existing licensing agreements.
March 26, 2025 | 1:15 pm
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The new commercial license with Hokkai Yamato represents continued expansion of EnWave's technology licensing strategy in the Japanese food processing market.
The new license and machinery sale directly impacts EnWave's revenue through royalty payments and equipment sales, potentially signaling positive market reception and growth prospects.
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IMPORTANCE 80
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