BEND,
Ore, Sept. 28, 2023 /CNW/ -- BranchOut Foods
Inc. (NASDAQ: BOF), the global trailblazer in GentleDried natural
snacks and superfood ingredients, is proud to announce a
significant expansion of its partnership with EnWave Corporation
(TSX-V: ENW | FSE: E4U). BranchOut has agreed to purchase a second
large-scale, continuous throughput dehydration machine from Enwave.
Under the terms of the new Equipment Purchase Agreement (the
"Agreement"), the 120kW REV™ machine is slated for delivery to
BranchOut in late calendar 2024 and will add an additional $15mm in
estimated topline capacity.
Eric Healy, CEO of BranchOut Food
Inc., emphasized, "We are confident that this increased capacity
will align perfectly with our growth trajectory, especially in
light of our recent commitments from major retailers and the
substantial sales pipeline we have established."
Enwave's Radiant Energy Vacuum (REV™) technology and associated
patent portfolio was previously licensed to BranchOut along with
exclusivity for its original core products. Under the new
Agreement, the product exclusives have been significantly expanded
to encompass the new and innovative products BranchOut has recently
developed and will be launching in the very near future.
About BranchOut Food Inc.: BranchOut is an international
food-tech company delivering truly great natural snacks and real
superfood ingredients enabled by their licensed dehydration
technology. BranchOut Food is a leading provider of high-quality
dehydrated fruit and vegetable-based products and its commitment to
quality and innovation sets it apart as a trusted brand and private
label supplier. For more information about BranchOut Food Inc. and
its products, please visit www.branchoutfood.com.
About EnWave: EnWave Corporation stands as a global leader in
vacuum microwave dehydration innovation and application. Operating
from its headquarters in Vancouver,
BC, EnWave boasts an impressive intellectual property
portfolio and has refined its Radiant Energy Vacuum (REV™)
technology into a proven, consistent, and scalable drying solution.
This revolutionary technology outperforms traditional drying
methods in terms of efficiency, capacity, product quality, and
cost.
Media Contact:
BranchOut Food Inc.
Email: info@branchoutfood.com
View original
content:https://www.prnewswire.com/news-releases/branchout-food-inc-expands-partnership-with-enwave-corporation-increasing-manufacturing-capacity-by-an-additional-15mm-annually--secures-additional-product-exclusivities-301941946.html
SOURCE BranchOut Food Inc.