PriceSensitive

Water Ways (TSXV:WWT) lands $1.3 million in new orders

Agriculture, Technology
TSXV:WWT
13 September 2021 10:45 (EST)

Source: Water Ways Technologies.

Water Ways Technologies (WWT) has received two orders for smart irrigation components totalling C$1.3 million.

The orders include the following:

  1. A $375,000 order to deliver smart and drip irrigation components for plant nurseries in Ethiopia
  2. A $975,000 order to deliver smart irrigation components to a blueberry irrigation project in Peru

The company expects to recognize revenue from the orders in Q4 2021.

On September 14, 2021, at 11:00 am ET, Water Ways will host a live webinar featuring a corporate update, earnings discussion and the company’s outlook for 2021 and beyond.

Ohad Haber, Water Ways’ Chairman and CEO, stated,

“I am extremely pleased that we are gaining recognition worldwide for our expertise in blueberries irrigation. We received the order in Peru due to our experience in blueberries irrigation for Driscoll’s in China. Driscoll’s is the largest berry grower in the world and a valued customer of ours.”

Water Ways Technologies provides water irrigation solutions to agricultural producers across the globe.

Water Ways Technologies (WWT) is unchanged trading at $0.235 per share as of 10:23 am ET.

Related News