Cavitation Technologies Inc Stock Price, News & Analysis

Cavitation Technologies, Inc. (CVAT) announces plans to expand its international operations after the acquisition of Desmet Ballestra by Alfa Laval, a leader in heat transfer and fluid handling. The merger, expected to complete in Q2 2022, enhances CTi's position by fostering opportunities for its Nano Reactor® technology in various industries, including vegetable oil refining and wastewater treatment. CTi, in partnership with Desmet since 2010, aims to leverage this acquisition for increased global sales and operational scaling, tapping into the substantial market presence of Alfa Laval.

Cavitation Technologies, Inc. (CVAT) has entered an agreement with Sustainable Development Partners, LLC to advance the commercialization of its water treatment technologies. This partnership aims to utilize CTi’s Low-Pressure Nano Reactors for industrial water treatment and remediation, particularly in sectors like agriculture and renewable water supply. The agreement also seeks strategic partnerships and financing opportunities. CTi's patented processes are positioned to address significant global water purification challenges while reducing environmental impacts.

Cavitation Technologies, Inc. (CVAT) has announced that their strategic partner, Desmet Ballestra Group, has secured orders for two additional CVAT Nano Reactor® systems at a major vegetable oil refinery in India. This marks CVAT’s seventh and eighth system sales in India, contributing to a total of 14 sales in Southeast Asia. The project involves a large refining complex, integrating CVAT's Nano Neutralization® Systems, and showcases the increasing adoption of this technology within the Indian vegetable oil market, aiming to enhance efficiency and reduce environmental impacts.

Cavitation Technologies, Inc. (CVAT) provided an update on its recent developments, highlighting growth across its business despite challenging conditions. The company is pursuing a $5 million non-dilutive financing to expand without affecting existing shareholder equity. Additionally, a partnership in the works for Barmuze aims to enhance its market presence, while collaborations with the South African government are focused on water treatment solutions. The company emphasizes its strong patent portfolio and commitment to innovation as it moves forward in 2022.

Cavitation Technologies, Inc. (OTCQB: CVAT) provided a shareholder update and year-end results for 2021. The company highlights significant advancements in its frack water treatment operations in the Permian Basin and the launch of their first mobile treatment system, improving processing capacity. A collaboration with Partnership International aims to enhance sustainable development. Key achievements include a $190,000 purchase order from a South American biodiesel refinery and a renewed global licensing agreement worth $500,000 annually. The company received four new patents, totaling over 40 worldwide.

Cavitation Technologies (CVAT) has renewed a 3-year Global License Agreement with Desmet Ballestra Group, its partner since 2010. The agreement grants Desmet exclusive rights to develop and supply Cavitation's NANO Neutralization® System globally, including a $500,000 annual licensing fee, effective until October 1, 2024. Desmet is a significant player in the oils and fats processing industry, collaborating with major refiners like Archer Daniels Midland, Cargill, and Bunge. The agreement aims to enhance the global distribution of Cavitation's environmentally friendly technology, potentially leading to improved financial performance.

Cavitation Technologies, Inc. (CVAT) announced a successful $1,500,000 equity financing at 6.5 cents per unit, selling approximately 23 million units. This capital enables increased production rates of its produced water treatment technology in the Permian Basin. Currently treating 8,000 barrels per day (bbl/d), the company expects to ramp up to 25,000 bbl/d soon. COO Neil Voloshin highlighted growing opportunities due to disposal constraints in the industry. The company is poised for recovery as the oil and gas sector rebounds in Texas and New Mexico, planning for nearly full production by Fiscal Q2 2022.

Cavitation Technologies, Inc. (CVAT) announces the addition of Dr. R. Gerald Bailey to its board of directors. With over 50 years in the petroleum industry, Dr. Bailey's past roles include President of Exxon - Arabian Gulf and significant positions in various oil and gas companies. His expertise in water treatment technology is expected to enhance the company's prospects in optimizing oil recovery while promoting environmental sustainability. The firm, established in 2007, is known for its innovative systems that focus on water treatment and energy efficiency.

Cavitation Technologies, Inc. (CVAT) reported significant corporate developments in its first fiscal quarter. The company shipped two Nano Reactor systems® valued at $460,000 to Desmet Ballestra Group for vegetable oil refineries in North America. Additionally, it completed a $1.5 million equity financing, enhancing its water treatment technology capabilities. The company also received forgiveness for a $104,000 Paycheck Protection Program loan, bolstering employee retention during COVID-19. Cavitation aims to strengthen its balance sheet and expects to recognize cash flow from fluid treatment technology.