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DBpedia 2015-10

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Matches in DBpedia 2015-10 for { ?s ?p "Founded in 1999, out of the University of British Columbia (UBC), EnWave is an industrial technology company that offers commercial-scale microwave vacuum dehydration machinery for applications in the food and pharmaceutical industries. The company is based in Vancouver, British Columbia.EnWave's proprietary Radiant Energy Vacuum (REV) dehydration technology was developed by Dr. Tim Durance. Dr. Durance, the current Chief Executive Officer of EnWave, was previously a professor in the Food, Nutrition and Health program at UBC, where he earned a Ph.D. EnWave's mission is to establish its REV technology as a better alternative than freeze drying, air drying and spray drying. Several studies with herbs, vegetables, meats, and fruits have demonstrated that flavor, color, nutrient, and other biologically active chemicals that are sensitive to thermal or oxidative degradation typically exhibit better retention after microwave vacuum drying compared to air drying.The combination of vacuum and microwave also allows solid food pieces to be dried more rapidly, and thus more cost-effectively, than with other drying methods. A study of three drying technologies, in which 3 mm thick carrot slices were dried, illustrated the rapid dehydration rate that can be achieved using microwave vacuum drying. Freeze drying took approximately 3 days to reach the end point of 9.9 percent moisture, air drying lasted 8 hours, while microwave vacuum drying only required 33 minutes.EnWave has raised close to $50 million since its inception to develop and commercialize its technology. It generates revenues by building a royalty stream through the licensing of its dehydration technology to companies in the food and pharmaceutical markets. The company closed its first commercial agreement in February 2008 with CAL-SAN Enterprises, a blueberry producer from British Columbia, Canada. The 75kw REV machine continues to produce modest production and royalties to this day.To date the company has signed thirteen royalty-bearing licenses, with companies that include Hormel Foods, Bonduelle, Gay Lea Foods, Sutro Biopharma, and Napa Mountain Spice Company. In addition, other companies such as Nestlé SA, Kellogg Co, and R.J. Reynolds have tested the technology. Next to machine sales and royalties, EnWave also generates income from its two subsidiaries Hans Binder Machinenbau and NutraDried LLP. In October 2012, the company acquired an 86.5% controlling share position in Hans Binder Maschinenbau GmbH, located in Marzling, Germany. Binder is an established German dehydration machine builder with conventional drying technology expertise.And in February 2013, EnWave's U.S. subsidiary EnWave USA Corporation, entered into a partnership agreement with Lucid Capital Management to establish NutraDried LLP. NutraDried develops, manufactures, markets and sells cheese snacks under the Moon Cheese brand.EnWave has not yet realized profitable operations. In fiscal year 2014, ended September 30, 2014, EnWave reached revenues of $4.5 million and reported a net loss of $6.7 million. The company’s shares trade on both the TSX Venture Exchange (trading symbol: ENW) and the Frankfurt Stock Exchange (trading symbol: E4U)."@en }

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