Sept 29 (Reuters) - EnWave Corp ENW.V :
* Subsidiary, Hans Binder Maschinenbau GmbH, files for insolvency
* Says Hans Binder Maschinenbau GmbH, an 86.5% owned subsidiary of the company,
has filed for insolvency under German law
* Says Enwave has chosen to not provide additional funding to binder for
several reasons
* Enwave to continue focus on development of higher margin royalty licensing
business
* Binder's insolvency will have a minimal impact on enwave's ability to deliver
commercial-scale Revâ machinery to its royalty-partners
* Says continued control over the Mivap â intellectual property will not change
due to Binder's insolvency
* Source text for Eikon ID:nNrm2pVT2x
* Further company coverage ENW.V