Description
Acceleware Ltd is a Canadian clean-tech company. Its developing an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating that is designed to reduce the environmental impact of oil production while also reducing cost. It has two operating segments, RF Heating, and High-performance computing. The HPC segment sells proprietary computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to the proprietary clean-tech enhanced heavy oil and oil sands production technology. The company generates revenue from maintenance, software, and services. Geographically it generates a majority of its revenue from the USA.
