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Water Ways (TSXV:WWT) signs $850,000 contract

Agriculture, Market News, Technology
TSXV:WWT
22 March 2023 11:35 (EDT)

Source: Water Ways Technologies.

Water Ways (WWT) subsidiary Heartnut Grove WWT has signed an C$850,000 deal.

The subsidiary will design and supply a complete smart irrigation and fertigation system for a recurring customer in Southern Ontario.

The project will use the latest Israeli technologies for smart irrigation, fertigation and control systems, with installation to be completed by the end of Q1 2024.

The first stage of the project will focus on an apple orchard, with HGWWT recognizing revenues accordingly.

This agreement represents a significant milestone for HGWWT, as it continues to expand its business and provide innovative solutions to agricultural producers.

The use of smart irrigation and fertigation systems can help farmers to conserve water and fertilizers, leading to more efficient use of resources and higher crop yields.

Water Ways is an agriculture technology company that specializes in water irrigation solutions.

Water Ways Technologies (WWT) opened trading at $0.11 per share.


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