OriginClear Inc. announced a new division for Modular Water Systems, which offers a product line of prefabricated water treatment systems.
Riggs Eckelberry: "Water users are increasingly forced to treat their own wastewater on-site, at the point of use. This sets the stage for Modular Water."
As Paul Graham, the famous venture capitalist behind Y-Combinator and countless billion-dollar-plus startups wrote, every city you live in asks characteristically different things of you...
So, what does Los Angeles ask of me as an entrepreneur?
OriginClear’s investment in WTII also helps close a strategic acquisition
Los Angeles, CA – June 12, 2018 – OriginClear Inc. (OTC/QB: OCLN), a leading provider of water treatment solutions, recently entered into a licensing agreement with Water Technologies International, Inc. (OTC: WTII), of Port St. Lucie, FL, which commercializes the innovative SIMPOD portable waste water treatment plant, and has developed a line of atmospheric water generators.
Jean-Louis “JL” Kindler, President of OriginClear’s Technology Division said, “This agreement will give OriginClear a strategic presence in the Southeast. We also plan to connect Water Technology with our academic partner, Florida Atlantic University (FAU), for scientific testing and further innovation.”
The United Nations estimates that by 2030, water demand will exceed supply by 40 percent. By combining OriginClear’s Electro Water Separation (EWS) wastewater treatment technology with Water Technologies’ Atmospheric Water Generators, oil & gas operators facing water scarcity can regain control of their water resources and build water independence for their organization.
These test results, according to the companies, demonstrated that OriginClear’s line of Smart Algae Harvesters is highly efficient, effectively controls bacteria in the algal paste product to facilitate a long shelf life, and ensures the algae cells are alive after harvesting.
Depuporc intends to integrate OriginClear’s Electro Water Separation with Advanced Oxidation (EWS:AOx) technology in the systems it deploys. The contract outlines orders beginning with 12 machines in the first year, tripling to 36 units by the third year.
OriginClear’s system effectively removes levels of ammonia which are both high and variable, from a continuous flow of wastewater generated by a chrome-plating process.
Specifically, practices such as Advanced Oxidation, or even Electrochemical Advanced Oxidation (EAOP), offer highly-refined processes that are a result of decades of water treatment practice and technological development.
The contract outlines orders beginning with 12 machines in the first year, tripling to 36 units by the third year. Between component sales and royalties, OriginClear believes that this project will generate about half a million dollars in the first year, also tripling by year three.