other_material
confidence high
sentiment positive
materiality 0.70
BranchOut Food licenses EnWave tech exclusively for dragon fruit, buys $1.5M equipment
BranchOut Food Inc.
- Secured global exclusive license (excl. Pacifico Snacks and Dole) for dragon fruit using EnWave tech; minimum $25k annual royalties from 2027.
- Purchased refurbished 120kW REV vacuum microwave from EnWave for $1.5M via secured promissory note at 8% interest, 24 monthly payments beginning April 2026.
- Equipment to be delivered to Pisco, Peru facility by Dec 31, 2026; debt secured by the equipment.
- Also received prioritized co-manufacturing introductions and maintained sweet potato exclusivity in South America.
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