AXE fundamentals

Acceleware Ltd.is a clean-tech company, which engages in the development of heavy oil and oil sands production technology based on radio frequency. Its product RF XL is a next generation, patented, low-cost, non-aqueous recovery solution which can yield near zero scope 1 and scope 2 GHGs for the production of heavy oil and oil sands. The firm also markets computing software including electromagnetic simulation, and state-of-the-art seismic imaging. The company was founded by Ryan M. Schneider and Michal Okoniewski on February 5, 2004 and is headquartered in Calgary, Canada.