Cavitation Technologies Receives International Purchase Orders for Low Pressure Nano Reactor System (LPN)
Cavitation Technologies, Inc. (CVAT) announced two purchase orders for its low-pressure Nano Reactor® System from Mexico for vegetable oil refining, with two additional orders anticipated from India this quarter.
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Rhea-AI Summary
Cavitation Technologies, Inc. (CVAT) announced two purchase orders for its low-pressure Nano Reactor® System from Mexico for vegetable oil refining, with two additional orders anticipated from India this quarter. Global Technology Manager Roman Gordon emphasized the technology's economic benefits and its potential to maximize shareholder returns. The Nano Reactor® System improves operational efficiency, reduces costs and environmental impact, and enhances oil quality, with applications beyond vegetable oils in food, water, pharmaceuticals, and fuels.
Positive
- Received two purchase orders from Mexico for Nano Reactor® System.
- Anticipates two additional orders from India in the current quarter.
- Technology enhances operational efficiency in vegetable oil refining.
- Reduces operating expenses and environmental impact significantly.
Negative
- None.
Details
News Market Reaction – CVAT
The recorded move for CVAT in the trading session of this news was +10.00%.
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CHATSWORTH, CA, June 01, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Cavitation Technologies, Inc. ("CVAT" or the “Company”) (OTCQB: CVAT) received two purchase orders for its low-pressure Nano Reactor® System (LPN) from Mexico for chemical refining of vegetable oils, and the Company anticipates it will receive two additional orders from India in the current quarter.
Mr. Roman Gordon, CVAT's Global Technology Manager, stated: “We are continuously expanding our technology in edible vegetable oil refining, which provides attractive economics that will enable us to maximize returns for our shareholders. We expect to have additional system installations completed in the US and internationally in the coming months.”
Technology Overview:
The LPN multistage Nano Reactor® is designed to achieve an improved performance over conventional technologies and covers a wide range of applications in processing large volumes of fluids. In vegetable oil refining, the LPN technology offers an enhanced performance, lowered operating expenses, reduced environmental impact, exceptional oil quality, improved shelf life, and reduction of up to
In addition to chemical refining of vegetable oils, CVAT’s technology is applicable to food and beverages, water, pharmaceutical and medical cannabis, coatings and fuels.
About Cavitation Technologies, Inc.
Founded in 2007, Cavitation Technologies designs and manufactures innovative flow-through devices and systems, as well as develops processing technologies for use in edible oil refining, renewable fuel production, water treatment, and alcoholic beverage enhancement. The Company's patented Nano Reactor® systems and various technologies have over 40 patents issued and filed both domestically and abroad. https://www.cvatinfo.com/
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Forward-Looking Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as ''may,'' ''should,'' ''potential,'' ''continue,'' ''expects,'' ''anticipates,'' ''intends,'' ''plans,'' ''believes,'' ''estimates,'' and similar expressions, and include statements such as, “We expect to have additional system installations completed in the US and internationally in the coming months.” These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a variety of factors including, among others, our ability to perform the installation as anticipated, the state of the economy, the competitive environment and other factors described in our most recent Form 10-K and our other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. In light of these risks and uncertainties there can be no assurances that the forward-looking statements contained in this press release will in fact transpire or prove to be accurate. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Cavitation Technologies, Inc.
818-718-0905
info@ctinanotech.com
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