Acceleware

Acceleware Ltd.
Company typePublic (TSX-VAXE)
IndustryOil Sands Technology
Founded2004
HeadquartersCalgary, Alberta, Canada
Key people
Michal Okoniewski, Founder & CSO
Geoff Clark, CEO
Mike Tourigny, COO
Tracy Grierson, CFO
ProductsRF XL, Seismic Imaging Software
RevenueCAD$740.09k (2021)
Number of employees
12 (Q4 2018)
Websitehttps://www.acceleware.com

Acceleware Ltd. (TSX-V: AXE) is a Canadian innovator of clean-tech oil and gas technologies composed of two business units: Radio Frequency (RF) Enhanced Oil Recovery and Seismic Imaging Software. The company is currently running a commercial-scale, RF XL pilot project at Marwayne, Alberta, Canada, to advance and validate its heavy oil and oil sands electrification technology. Acceleware's seismic imaging software solutions offer imaging for oil exploration in complex geologies.

Acceleware is part of a larger computing industry trend towards parallel processing via multi-core and massively-parallel GPU hardware and software architectures.[1]

Acceleware software can be used in the following industries: electromagnetics, oil and gas, medical imaging, security imaging, industrial product design, consumer product design, financial research, and academic research.

  1. ^ "Viewpoint: Mass GPUs, not CPUs for EDA simulations". 2009.