EnWave Expands Latin American Footprint with Second Large-Scale REV Machine Sale
Event summary
- EnWave sold a second 120kW Radiant Energy Vacuum (REV™) machine to Procescir, a Mexican agricultural company, for expanded production capacity.
- The deal reflects growing demand for REV™-dried products in North America and strengthens EnWave's royalty portfolio.
- EnWave expects to deliver the machine by year-end 2026, supporting Procescir’s toll drying business for international food companies.
- Nav Dhami appointed as CFO effective July 24, 2026, replacing Dylan Murray who is pursuing another opportunity.
The big picture
EnWave's sale of a second large-scale REV machine to Procescir underscores the technology's growing adoption in Latin America. The deal aligns with broader industry trends toward high-quality, nutritious dried ingredients and snacks, positioning EnWave to capitalize on increasing demand. The CFO transition marks a strategic shift in financial leadership as the company aims for sustained profitability.
What we're watching
- Royalty Revenue Growth
- How the additional production capacity will translate into higher recurring royalty revenue for EnWave.
- Market Expansion
- Whether Procescir can sustain its growth in North America's high-quality dried ingredients market.
- Leadership Impact
- The pace at which Nav Dhami can drive financial operations and risk management to support EnWave’s profitability goals.
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