Two significant business developments which will see its wastewater recovery technology being used in the US oil and gas sector and industrial wastewater applications in Europe.
Aquafortus’ US licensee has entered into a joint venture with Pilot Corporation, a Berkshire Hathaway backed company and the tenth largest private company in the US. In addition, Aquafortus has signed a second, Europe-based licensee.
Daryl Briggs, CEO and founder of Aquafortus Technologies comments,
“These developments represent significant milestones and reflect both the quality of and environmental potential for Aquafortus technology to improve how wastewater is processed on a global scale.”
“As a kiwi-start up founded only five years ago, and launched internationally last year, we are incredibly proud of this early stage momentum that has seen us partner with two well-capitalised licensees in the recognised and reputable markets of Europe and the U.S.”