Acceleware's Investor Centre is available for investors, prospective shareholders, and those who are interested in learning more about our company. Here you will find information about the company, our team, Acceleware’s accomplishments, and our upcoming plans.

Why Invest in Acceleware?

Opportunity to gain exposure to a clean-tech energy innovator developing low-cost, low-carbon extraction solutions for the oil industry

Committed and experienced team with a history of value creation.

Near-term catalysts that provide an attractive entry point for an investment in AXE.

Cash flow-positive software platform that supports the high-impact potential of the RF solution.

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About Acceleware

Acceleware is an innovator of clean-tech enhanced heavy oil recovery technology and a developer of software solutions for the oil industry. We are comprised of two business units: Radio Frequency (RF) Heating; and Seismic Imaging Software.

Acceleware was founded in 2004 and pioneered the use of the graphics processing unit (“GPU”) as a compute platform. The first product, AxFDTD™, continues to be sold to many Fortune 500 companies such as Blackberry, Samsung, LG, Nikon, Merck, Boeing and Lockheed Martin.

In 2008 Acceleware entered the seismic imaging market with a GPU accelerated Kirchhoff Time Migration solution, followed by a Reverse Time Migration (“RTM”) library, AxRTM™ in 2009.

In 2013, Acceleware introduced AxWAVE™, then AxFWI™, the current ‘state-of-the-art’ full waveform inversion solution in 2014.

Acceleware continues to expand the reach of these solutions by making them accessible via the cloud, starting with the AxWAVE seismic forward modelling application for survey design, and synthetic seismic modeling.

In the time spent working on the aforementioned technologies, Acceleware identified a growing need to dramatically reduce the cost of production and the environmental impact of heavy oil and oil sands production. In 2010, Acceleware began working to develop new ways to apply RF energy to mobilize heavy oil and oil. With very promising test results, the company has been aggressively developing this game-changing innovation, working with several heavy oil and oil sands operators around the world.

Having completed numerous tests and filed several patent applications for two different technology platforms between 2010 and 2015, Acceleware announced a partnership with GE Global Research in 2016 to further test and commercialize its patent-pending RF heating technology. We have now successfully completed an initial field test and are focused on completing a commercial-scale pilot test. Full-scale commercialization is slated for 2020.

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