Saltworks Technologies seeking $10 million to commercialize thermo-ionic desalination technology

One to watch – desal opportunities currrently represent a global capital market of over 100 billion (according to Global Water Intelligence).


From Cleantech Group LLP,  Dec 17 2009  

British Columbia-based Saltworks Technologies is seeking $10 million in Series A funding to help commercialize its patent-pending thermo-ionic desalination technology. Saltworks outfitted 1,000 litre a-day seawater pilot plant will soon be fully operational at a harbour location in Vancouver, Canada. The company is now looking for initial small scale demonstration projects in key markets. The money is expected to be used to ramp marketing and sales, build partnerships, continue IP advancement and secure the supply chain.

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