EnWave Signs Royalty-Bearing Commercial License with Shinyway International Limited of New Zealand
VANCOUVER, British Columbia, Nov. 12, 2025 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today that it has signed a royalty-bearing, commercial license agreement (the “Commercial License”) with Shinyway International Limited (“Shinyway”), a service provider of cannabis processing, based in Christchurch, New Zealand.
Under the Commercial License terms, Shinyway has been licensed to use EnWave’s patented Radiant Energy Vacuum (“REV™”) technology to produce cannabis products in New Zealand. Shinyway will pay a royalty commensurate with certain other existing licenses granted by EnWave, and the Company intends to continue working closely with Shinyway to ensure optimal product development success.
About Shinyway International Limited
Shinyway International Limited provides drying and trimming services for cannabis growers in New Zealand. While initially installing a single 10kW REV™ machine, Shinyway expects to maximize its competitive edge in drying service with the use of EnWave’s REV™ technology. Shinyway’s team is a dedicated group who brings extensive expertise and knowledge in cannabis processing and a genuine passion for supporting the growth and sustainability of New Zealand’s burgeoning cannabis industry. Driven by innovation and a commitment to excellence, the company employs cutting-edge processing techniques to ensure the highest standards of quality and efficiency. Shinyway’s goal is to build strong, collaborative relationships with local growers, serving as a trusted partner that fosters mutual growth and success. With the robust support of EnWave, Shinyway is dedicated to advancing the industry, promoting responsible practices, and helping New Zealand establish itself as a leader in sustainable cannabis production.
About EnWave
EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV™) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost.
With more than fifty partners spanning twenty-four countries and five continents, EnWave’s licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company’s patented technology, licensed machinery, and expert guidance.
EnWave’s strategy is to sign royalty-bearing commercial licenses with food producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following benefits of producing exciting new products, reaching optimal moisture levels up to seven times faster, and improve product taste, texture, color and nutritional value.
Learn more at EnWave.net.
EnWave Corporation
Mr. Brent Charleton, CFA
President and CEO
For further information:
Brent Charleton, CFA, President and CEO at +1 (778) 378-9616
E-mail: bcharleton@enwave.net
Dylan Murray, CPA, CA, CFO at +1 (778) 870-0729
E-mail: dmurray@enwave.net
Safe Harbour for Forward-Looking Information Statements: This press release may contain forward-looking information based on management's expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the Company's strategy for growth, product development, market position, expected expenditures, and the expected synergies following the closing are forward-looking statements. All third-party claims referred to in this release are not guaranteed to be accurate. All third-party references to market information in this release are not guaranteed to be accurate as the Company did not conduct the original primary research. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
