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Cavitation Technologies, Inc. reports developments around its fluid-processing technology business and its expansion into water treatment and digital payment infrastructure. The company designs and manufactures flow-through nano-technology systems for fluid processing applications, including Nano Reactor® systems and Cavitation Non-Thermal Plasma™ technology for water treatment, remediation, PFAS removal, and other industrial uses.
Recurring updates include pilot and partnership activity for cavitation-based systems, subsidiary developments at XYRA Corp., license agreements and market expansion for remittances, fintech, and crypto-asset transactions, and governance changes. CVAT announcements also reference shareholder voting matters, capital-structure disclosures, material agreements, and board or advisory roles tied to its operating subsidiaries and technology commercialization efforts.
Cavitation Technologies (CVAT) reported an increase in water treatment operations in the Permian Basin, with a treatment rate exceeding 100,000 barrels in February. The deployment of its patented Low Pressure Nano Reactor® (LPN) mobile units is underway, with the first unit operational and a second expected by April. The technology promises effective treatment of produced water through innovative cavitation techniques. Industry forecasts suggest rising oil prices, which may enhance demand for CVAT's services.
Cavitation Technologies (OTCQB: CVAT) announced a significant sale of its Nano Reactor® system to a biodiesel refinery in South America, with an expected revenue of approximately $190,000. This marks the company's second biodiesel system sale in the region since partnering with Desmet Ballestra Group in 2010. The Nano Reactor® technology enhances biodiesel production by enabling the use of various feedstocks, leading to higher yields and improved productivity. This sale underscores the growing acceptance of CVAT's technology in South America.
Cavitation Technologies, Inc. (CVAT) has entered an agreement with Partnership International, Inc. to enhance its water treatment technologies. PI will assist CVAT in securing strategic partnerships and financing for its patented applications, focusing on sectors like desalination and agricultural water reclamation. This collaboration follows CVAT's success with Enviro-Watertek in treating produced water. Partnership International aims to file a $500,000 grant with the Department of Interior for a desalination project, highlighting CVAT's potential in sustainable water solutions.
Cavitation Technologies, Inc. (CVAT) has resumed operations in the Permian Basin, treating produced water from fracking. Following the pandemic and oil price declines, demand for its water treatment technology is increasing as production reopens. The company’s first customer is using stationary infrastructure for 7,500 barrels per day (BPD), with plans for a mobile unit capable of 12,000-15,000 BPD. Management estimates each 10,000 BPD will generate $150,000 in annual free cash flow. The company is also advancing its food processing technology, generating revenue from both sectors.
Cavitation Technologies, Inc. (CVAT) announced several new purchase orders from its partner, Desmet Ballestra Group. The orders involve the installation of the Nano Reactor® system in vegetable oil refineries in Brazil and Colombia. This brings the total to 11 system sales in South America. Preliminary revenue for Q1 2021 is estimated between $340,000 and $360,000, primarily from these sales. The company continues to see strong demand for Nano Reactor® systems across Asia, North America, and South America, which account for 85% of its sales.