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Acceleware ( develops high performance seismic imaging and modeling software products and provides innovative technology for radio frequency (RF) heating, an emerging thermal enhanced oil recovery method. As experts in programming for multi-core CPUs and massively parallel GPUs, Acceleware's professional services team specializes in accelerating computationally intense applications for clients to speed up product design, analyze data and help make better business decisions. Acceleware's products and services are used by some of the world's largest energy and engineering companies.

Acceleware is a public company on Canada's TSX Venture Exchange under the trading symbol AXE. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Acceleware Latest News

Acceleware, Prosper Petroleum to proceed with field test of oilsands RF heating
Field testing will 'commence immediately' on a new field test of RF heating for in situ oilsands extraction, partners Acceleware and Prosper Petroleum announced on 16th July.
09 Aug 2018

Alberta-based Acceleware awarded funding to test RF XL
Acceleware Ltd. is pleased to announce it has been awarded a $10 million non-repayable contribution to complete a commercial-scale field test of its ground-breaking clean energy technology for bitumen and heavy oil extraction.
21 Nov 2017

Acceleware wins emerging clean Technology Award at 2017 Global Petroleum Show
Acceleware Ltd. announced that it has won the 2017 Global Petroleum Show Award for Emerging Clean Technology.
07 Jul 2017

Acceleware successful in first phase field test and sells test results
Acceleware Ltd. announced that it has successfully completed the first phase of a multi-phase field test program for its RF XL enhanced oil recovery (EOR) technology.
07 Apr 2017

Seismic Imaging in the Cloud!
Working alongside high performance computing (HPC) cloud platform Nimbix, Acceleware has launched AxWAVE - a Seismic Forward Modelling application used in acquisition survey design, seismic processing, and QC - in the cloud.
28 Jun 2016

Looking for Better Velocity Models?
Acceleware has developed AxFWI - a revolutionary modular FWI application which provides the highest level of subsurface velocity model accuracy and leads the industry in compute speed.
05 Feb 2016

Full Waveform Inversion moving ahead and Acceleware
Seismic interpretation algoirthms and software company Acceleware says that there is a growing interest in full waveform seismic processing.
01 Oct 2015

Acceleware agreement for RTM Software with Repsol
Acceleware Ltd. announced that it and Repsol have signed an agreement covering the custom development, and maintenance of leading-edge production-ready Reverse Time Migration (RTM) seismic imaging software.
14 May 2015


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