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M&A / Property

EnWave signs licence deal with Teagasc

By The Northwire Desk — AI Analysis Mar 10, 2026 · 23:29 ENW · 0.30 EnWave Corp
ENW · Price

Executive Summary

  • EnWave Corp. has entered into a license agreement and equipment purchase agreement with Teagasc, the Agriculture and Food Development Authority of Ireland.
  • The agreement grants Teagasc R&D rights to use EnWave's proprietary Radiant Energy Vacuum (REV) dehydration technology for collaboration with clients and research partners.
  • Teagasc has purchased a 10-kilowatt REV machine to support the AIMBIO project, with delivery expected before the summer of 2026.

Key Details

  • Agreement Type: License Agreement and Equipment Purchase Agreement.
  • Counterparty: Teagasc (The Agriculture and Food Development Authority of Ireland).
  • License Terms: Grants Teagasc R&D rights to use EnWave's proprietary REV dehydration technology in collaboration with current/future clients and industry/research partners.
  • Equipment Purchase:
    • Item: 10-kilowatt REV machine.
    • Purpose: To showcase state-of-the-art facility capabilities and support the AIMBIO project.
    • Delivery Timeline: Expected before the summer of 2026.
  • Strategic Context: The equipment will be used to support Teagasc's AIMBIO project (All Island Marine Bio-based Refineries for Circular Blue-Bioeconomy), which focuses on transforming marine and aquaculture side streams into high-value ingredients. REV technology will enable rapid, energy-efficient drying of these side streams for downstream extraction and product development.

Notable Quotes

  • No direct quotes from EnWave management were included in the provided text.
Read the original news release →

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## What the news says

M&A / Property Mar 10, 2026 · 09:00

EnWave Signs License Agreement, and Equipment Purchase Agreement with Teagasc, the Agricultural and Food Development Authority of Ireland

Other