EnWave (ENW.V) on Wednesday said it signed a research and development license agreement with the University of Limerick in Ireland, and sold a small-scale Radiant Energy Vacuum (REV) machine.
The company said Limerick will establish REV capabilities "to provide researchers and industry participants with direct access to REV technology" for product development, process optimization and applied research.
Shares of the company were last seen down 4.4% to C$0.22 on the TSX Venture Exchange.
Price: $0.22, Change: $-0.01, Percent Change: -4.35%