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Acceleware reports $1.9M loss in 2025, advances RF XL 2.0 tech for heavy oil with $5-6M pilot plan

Company Fundamentals
30 Mar 2026
Newsfile Corp
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Neutral
pluang ai news

Acceleware Ltd. announced a comprehensive loss of $1.9 million for 2025, down from a $2.0 million income in 2024, reflecting reduced revenue and R&D spending as it winds down its RF XL Marwayne Pilot. The company is progressing with its next-generation RF XL 2.0 technology for heavy oil production, planning a $5-6 million pilot in Saskatchewan with conditional government support. Acceleware also advances projects in mineral processing and amine regeneration, aiming to commercialize its radio frequency heating solutions across multiple industrial sectors. The company is restructuring convertible debt to secure financing and expects to demonstrate commercial viability through pilot deployments in 2026.

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