EnWave Corporation announced today that it has signed a Technology Evaluation and License Option Agreement (the “Agreement”) with Goldencrops Corporation (“Goldencrops”), a Southeast Asian ingredient manufacturer, to evaluate the commercial use of the Company’s Radiant Energy Vacuum (“REV™”) dehydration technology for the production of a variety of fruit, dairy and grain products.
Goldencrops will rent a 10kW REV™ machine for intensive product development at its manufacturing facility in Douliu City – an industrial hub for food production in the region. If commercially viable ingredients are developed under the Agreement, Goldencrops will then purchase REV™ machinery to commence commercial production at its Yunlin Science and Technology Plant.
Goldencrops is looking to leverage EnWave’s proprietary REV™ dehydration technology to expand its dehydrated ingredient product offerings for domestic and international markets. Goldencrops currently operates large-scale dehydration, milling and packaging facilities for its product portfolio that includes a wide range of plant-based food and ingredient products, and REV™ technology will enhance its commercial ingredient processing capabilities.
The expansion of EnWave’s global REV™ technology footprint into Southeast Asia further proves the significant value proposition for food producers seeking to launch new and innovative premium ingredient and snack food applications. EnWave has developed a comprehensive intellectual property portfolio with patents granted in numerous international markets and has licensed REV™ technology to more than fifty companies in twenty-one countries worldwide.
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