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Current Water (TSXV:WATR) processes a third AmmEl-Aqua unit

Technology
TSXV:WATR
02 June 2022 12:00 (EDT)

Current Water Technologies (WATR) has received the third purchase order for its AmmEl-Aqua system.

This system allows for the safe transport of marine and freshwater animals to international markets for consumption.

When aquatic animals secrete waste, ammonia is the principal metabolic waste product, the innovative AmmEl-Aqua unit will aggressively treat the water during pre-transport conditioning and transportation to prevent the accumulation of ammonia to toxic levels, thereby ensuring the delivery of high value, healthy seafood product.

Dr. Shelp said, “This third AmmEl-Aqua unit is the first of many commercial units expected to be sold in 2022.” With the main hope to keep the marine life healthy and happy on the journey.

This innovative water treatment system is being marketed under the trade name, Blue Vita Technologies Inc.

It most recently received $1.7 million in funding from Canada’s Ocean Supercluster to introduce new technologies for the mobile storage and transport of aquatic animals.

Dr. Shelp added, “The value of the global seafood trade in 2021 was USD 164 billion, many times higher than the beef, pork or poultry trade, and prices for many seafood species are unprecedented due to rising freight and energy costs.”

The demand for healthy seafood may continue to rise and, “Is expected to drive trade volumes of high-value seafood species in the next few years,” concluded Dr. Shelp.

Current Water Technologies is a technology company applying its patented and proprietary Electrochemical Technologies to the treatment of wastewater, desalination water and drinking water contaminated by metals or nutrients.

Current Water Technologies Inc. (WATR) is trading at C$0.04 at 9:30 am ET.

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