Acceleware Awarded $2 Million in Non-Dilutive Funding

Acceleware received up to $2 million in non-dilutive grant funding from CRIN to deploy RF XL 2.0 in a Saskatchewan heavy oil reservoir. The all-electric heating technology aims to unlock bypassed heavy oil resources and increase production relative to conventional methods. Funding covers eligible costs from January 2026 to September 2027.