H2O Innovation Inc. (TSXV:HEO)Technology
H2O Innovation Inc is a utility company that provides water management and treatment solutions.
The Quebec-based water regulator operates under three business segments:
• Operation & Maintenance
• Water Technologies & Services
• Specialty products
Water Technologies & Services
This segment provides an open-source model that enables the customers to utilize various membrane products in their water treatment systems. The extensive water technology products and solutions under the segment include:
• Nanofiltration (NF) and Reverse Osmosis (RO)
• Ultrafiltration (UF) and Microfiltration (MF)
• Membrane Bioreactor (MBR)
• Multimedia and Greensand filters
• Ion Exchange
• Ultraviolet Deisinfection
The Canadian firm segment offers membrane treatment chemicals, corrosion repellent equipment, consumable and replacement instruments under PWT and Genesys offerings.
It also provides various piedmont equipment.
Operation & Maintenance
The O&M segment facilitates water and wastewater treatment solutions, water utility management and the public water sector.
H2O Innovation claims that its membrane technology has multiple applications in various markets, including drinking water, wastewater, water reuse and recycling, irrigation management, desalination, biofuels, oil and gas industry, mining industry, power generation sector, food and beverage industry, developers and resorts business, First Nations, and demonstration pilots.
The Quebec-based water technology company operates through offices and plants located in Ham-Nord, Calgary; Minneapolis, San Diego; Cheshire, U.K.; Bilbao in Spain; Monterrey, Cancun and San Jose del Cabo.
The firm provides on-demand technical assistance related to operation or process technicalities, programming error and field support services across Canada and the United States.
On June 23, 2021, H2O Innovation Inc reportedly inked a C$5 million pact new operation and maintenance contract with the Town of Warren, Rhode Island.
Further, in a press release dated July 6, 2021, H2O Innovation Inc announced the merging of PWT and Genesys specialty product lines into H2O Innovation Speciality Chemical Group. In addition, the TSXV-listed company aims to expand the manufacturing and sales operations of its U.K. plant.
The water treatment solutions firm is listed on the Canadian junior trading platform, the TSX Venture Exchange, under ‘HEO’ stock quote.
330, rue Saint-Vallier Est, Suite 340 Québec, Québec G1K 9C5