EnWave raises $3M to accelerate production as royalties and partner activity expand in Q3 2025

Proactive - Interviews for investors

EnWave Corporation CEO Brent Charleton joined Steve Darling from Proactive to announce that the company has successfully closed a fully subscribed private placement, raising $3 million in gross proceeds. The financing will be directed toward the fabrication of two large-scale Radiant Energy Vacuum (REV™) dehydration machines, with capacities ranging from 60kW to 120kW. Charleton explained that the manufacturing process for these machines takes approximately six months to complete, and the investment will allow EnWave to accelerate order fulfillment timelines while supporting anticipated growth in future demand. With its sales pipeline continuing to expand, management sees this strategic investment as a way to strengthen its ability to respond quickly to both existing and prospective customers. In addition to the financing update, EnWave reported interim financial results for the third quarter ended June 30, 2025. The company posted a modest increase in revenue, reflecting steady operational progress. Key achievements during the quarter included the completion of a 120kW REV™ machine for Procescir of Mexico and the start of fabrication for two 60kW machines sold to MicroDried, EnWave’s longest-standing royalty partner. Royalty revenues also rose during the quarter, supported by an expanding roster of royalty partners, increased product sales, and higher capacity utilization of existing REV™ machines. Charleton highlighted that the combination of stronger royalty performance, new partner activity, and the capital investment into large-scale REV™ machine capacity positions EnWave for continued long-term growth. By ensuring timely delivery of new equipment while expanding its global network of royalty partners, the company is reinforcing its competitive edge in the growing food and dehydration technology markets. #proactiveinvestors #enwavecorporation #tsxv #enw #DehydrationTech #VacuumMicrowave #RoyaltyBusinessModel #BluechipClients #FoodTech #BusinessNews #Investing #RadiantEnergyVacuum #Agritech #Procescir #DehydrationTechnology #FoodInnovation #SupplyAgreement #InvestmentNews #ProactiveInvestors #microdried