EnWave Signs Royalty-Bearing Commercial License with U.S. Snacking Company, Sells 10kW Radiant Energy Vacuum Machinery

Executive Summary

• EnWave Corporation entered into a royalty‑bearing commercial license agreement with a U.S. snack company to produce fruit and vegetable‑based snacks using EnWave’s REV™ dehydration technology.
• The Licensee purchased a 10 kW REV™ machine for initial production, to be installed at a third‑party manufacturing partner in Mexico before year‑end 2025.
• The licensed products are slated for launch in Mexico in Q1 2026, with U.S. expansion planned for 2027, providing EnWave with ongoing royalty revenue and broader market exposure for its technology.

Key Details

• Agreement Scope: Royalty‑bearing commercial license granting the Licensee global rights to produce proprietary fruit/vegetable snack products, subject to annual minimum royalty requirements.
• Machinery Sale: Licensee purchased one 10 kW Radiant Energy Vacuum (REV™) dehydration machine for initial commercial production.
• Installation Timeline: Equipment to be installed at a large third‑party manufacturing partner in Mexico before the end of 2025.
• Product Launch Schedule: First market launch in Mexico scheduled for Q1 2026; U.S. market entry planned for 2027.
• Royalty Structure: Minimum annual royalty obligations (specific amounts not disclosed) tied to production volumes under the license.
• Non‑Exclusive Rights: Licensee retains non‑exclusive rights to produce additional fruit and vegetable snack products under its own brand.
• Future Disclosure: Further details about the Licensee and product line will be released alongside the official 2026 product launch.

Notable Quotes

(No direct quotes were provided in the release.)