Acceleware Ltd. has unveiled a transformative strategic plan aimed at establishing the company as a revenue-generating enterprise. The plan, developed by Acceleware's management and approved by its board of directors, focuses on securing funding for high-potential applications to support near-term revenue and long-term growth. The company intends to attract capital investment for surface applications, with an initial focus on amine regeneration and critical minerals heating/drying. The raised investment capital is expected to accelerate development and commercialization to achieve revenue generation from these applications swiftly. Acceleware has emphasized its commitment to strengthening revenue-generation, aiming to enhance economic performance and sustainable value for shareholders and customers. The strategic plan is expected to involve potential restructuring options to maximize investment opportunities. Further details regarding financing, restructuring, or material acquisitions will be disclosed in future announcements, subject to necessary approvals.
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