date:Jul 03, 2013
EnWave Corp., an industrial technology developer, has signed a commercial license with Hormel Foods Corp. for the production and sale of specific food products dehydrated using EnWave's Radian Energy Vacuum (REV) technology.
Under terms of the agreement, EnWave is leasing a large pilot-scale nutraREV production unit to Hormel. The agreement also entails long-term royalty rates, broader global market rights and the use of EnWave's nutraDRIED trademark on Hormel's retail food products. Other ter