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Water Ways Technologies (TSXV:WWT) announces C$322,000 in new orders

Agriculture, Technology
TSXV:WWT
28 July 2022 10:00 (EDT)

Source: Water Ways Technologies Inc.

Water Ways Technologies (WWT) has received three new purchase orders for water and irrigation projects in Africa.

The first project is planning, supply and installation of an advanced net house, trellising and smart irrigation system for cultivation of Sorghum in Ethiopia. The project is co funded by an Ethiopian Academic Center and the University of Queensland, Australia. The value of the project is C$117,000

The second project is a complete water system for intensive fish farming in Ghana with a total value of C$98,000.

The third project is a vegetable hydroponic smart irrigation system in South West Africa with a value of C$107,000.

Water Ways expects to recognize revenue from these projects by the end of 2022.

Ohad Haber, Water Way’s CEO, commented on the news.

“I am extremely happy that our Ethiopian business is growing and we are back to business in Ghana.”

WWT is a global provider of agriculture technology, providing water irrigation solutions to agricultural producers. WWT focuses on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market.

Water Ways Technologies Inc. (WWT) is up 2.56 per cent on the day, trading at $0.20 per share.


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