Acceleware participated in the 2019 Propel Energy Tech Forum this week as an alumni presenter. I originally presented at the 2017 Propel forum, and was proud to showcase the significant progress in financing, commercialization, and intellectual property development that we have made in the past two years including:
- Securing over $17 million in funding and financing;
- Completing our 1/20th scale test and launching our commercial scale pilot; and
- Having two patents granted, twelve filed, and another ten in progress.
The conference brings together energy related start-ups and innovators to give them exposure to venture capital funds as well as strategic investors, E&P operators, and the investment arms of the operators. It’s always interesting to see what new concepts and technologies are being developed and funded, while also having an opportunity to ensure all those investors and potential customers are aware of the progress we have made at Acceleware along with the significant benefits RF XL can deliver. To see the recap of our progress since February 2017, please take a look at the Propel 2019 presentation.
Mike Tourigny - VP Commercialization, RF Heating
Mike is an accomplished executive with over 25 years of experience in building high growth businesses based on disruptive innovation. Mike started his career in the oil and gas industry before moving to the technology sector, where he worked on the development and deployment of multiple ground breaking technologies in various business sectors. In 2013, Mike made the move to specialize in radio frequency (RF) heating systems for oil sands and heavy oil production with Acceleware Ltd.
Mike’s goal is to commercialize Acceleware’s RF heating, and to generate explosive but responsible growth within the oil sands and heavy oil sectors. Awareness of the need for thoughtful applied innovation, combined with his understanding of complexities inherent to deploying technological advancements in an established industry, results in Mike’s ability to successfully expedite change. Along with his respect for both the heavy oil industry and its’ political realities, this translates into the ability to navigate through barriers associated with business growth and development. Mike has worked in energy, utilities, telecommunications, and technology services sectors in Canada and internationally. Mike holds a Masters of Business Administration from the University of Calgary and a Bachelor of Commerce in Finance from the University of British Columbia.