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SHARC International Systems Inc. (OTCQB: INTWF), operating as SHARC Energy, regularly publishes news about its wastewater energy transfer (WET) technology, project deployments and corporate developments. The company describes itself as a world leader in recovering and transferring thermal energy from wastewater for use in heating, cooling and hot water production in buildings and district energy systems.
News updates often cover project milestones, such as the supply and commissioning of SHARC 880 systems for the False Creek Neighbourhood Energy Utility expansion, which the company notes is the largest operating WET project in North America, and shipments of SHARC WET systems to a U.S. government‑affiliated project. Releases also highlight SHARC systems being used or specified in district energy and thermal energy network projects in locations such as Ottawa and Vancouver.
Investors and observers can also find financial results announcements, where SHARC Energy reports quarterly revenue, margins, sales pipelines and order backlogs, along with commentary from management on how WET projects and thermal energy networks are influencing its business. These updates provide context on how the company’s technology and project pipeline relate to its reported performance.
Additional news items include intellectual property developments, such as the granting of patents for the SHARC wastewater heat exchange system in the United States, Europe and Canada, and corporate governance changes, including board appointments and leadership roles. SHARC Energy also reports on participation in climate and infrastructure events, such as Climate Week NYC and the New York Climate Exchange’s Sustainable Solutions Challenge, where its WET technology is discussed in the context of low‑carbon, resilient urban development.
For anyone tracking INTWF, this news flow offers insight into SHARC Energy’s project activity, technology positioning, capital markets updates and role in wastewater‑based thermal energy solutions.
SHARC Energy (OTCQB: INTWF) secured a purchase order for its newly launched Back-Flush Only (BFO) system to be deployed at a Calgary wastewater treatment plant on March 4, 2026.
The BFO is a passive thermal energy transfer product optimized for cleaner, low-solids effluent streams and expands SHARC Energy’s addressable market into data centers, hydronic HVAC and district heating applications. Sales order backlog increased to $7.8 million, reflecting commercial momentum and broader product adoption.
SHARC Energy (OTCQB: INTWF) secured approximately $3.7 million in equipment orders, increasing its Sales Order Backlog by 109% since the prior disclosure and bringing total backlog to $7.1 million. Orders span district energy, a West Coast U.S. airport, and a Staten Island senior housing retrofit. The company says backlog typically converts to revenue in about a year, subject to project mix, and positions SHARC Energy’s Wastewater Energy Transfer technology for wider adoption across new end markets.
SHARC Energy (OTCQB: INTWF) announced on January 13, 2026 the appointments of Kevin Hydes and Shane Dungey to its Board of Directors. Hydes brings over two decades of sustainable building and systems engineering experience, is a LEED Fellow, founder of Integral Group, and has chaired major green building organizations. Dungey brings more than 20 years of global capital markets experience and prior public board service. Management says the additions strengthen governance and support SHARC Energy’s mission to scale Wastewater Energy Transfer technology across buildings, communities, and district energy systems.
SHARC Energy (OTCQB: INTWF) announced it has cancelled 2,363,854 incentive stock options effective December 31, 2025.
The cancellation is broken down as: 607,808 options expiring May 30, 2027 at $0.335, 1,520,000 options expiring April 27, 2028 at $0.27, 136,046 options expiring June 28, 2029 at $0.28, and 100,000 options expiring October 17, 2023 at $0.245.
SHARC Energy (OTCQB: INTWF) reported results for Q3 and nine months ended Sept 30, 2025. YTD 2025 revenue was $2.69M, up 15% vs YTD 2024 and equal to 124% of full‑year 2024 revenue. Q3 2025 revenue was $0.83M, up 6% year‑over‑year. The Company reports a $16.6M sales pipeline and a $3.4M sales order backlog (estimated conversion ~12 months).
Q3 loss was $0.74M (Adjusted EBITDA loss $0.5M), with YTD loss $2.47M (Adjusted EBITDA loss $1.53M). Gross margin expanded to 39% in Q3. Subsequent events include granted US and EU patents and a $1.57M unsecured convertible debenture closing.
SHARC Energy (OTCQB: INTWF) completed supply and commissioning of five SHARC 880 systems for the False Creek Neighbourhood Energy Utility expansion, increasing capacity from 3.2 MW to 9.8 MW, now the largest operating Wastewater Energy Transfer (WET) project in North America.
The expansion serves 1,900,000 m² of development, delivers an annual average COP >300% for heat generation, and is estimated to cut 4,400 tonnes of CO2 per year. SHARC will service the systems for 5 years with a city option for an additional 5 years.
SHARC Energy (OTCQB: INTWF) co-hosted a standing-room-only Climate Week NYC panel on October 7, 2025, titled Reimagining Building Development: AI & Disruptive Technologies.
The session convened government, labor, and industry leaders to discuss scaling approaches—AI, prefabrication, and wastewater energy transfer—to create resilient, low-carbon, and more affordable buildings. Key speakers included New York State Assemblywoman Michaelle Solages, labor representatives, utilities, and SHARC Energy's Aaron Miller. Attendees featured NY state lawmakers, trade unions, DEP, NYSERDA, and community organizations.
SHARC Energy said it will continue engagement with policymakers and partners to accelerate deployment of wastewater energy transfer in New York.
SHARC Energy (OTCQB: INTWF), a pioneer in Wastewater Energy Transfer (WET) technology, has secured significant patents in the United States (Patent No. 12,415,149) and Europe (Patent No. 4 282 506) for its SHARC wastewater heat exchange system. The US patent provides protection until February 14, 2043, while the European patent extends until July 2, 2042.
The company has also filed patent applications in multiple countries including Canada, Australia, UK, Mexico, UAE, Saudi Arabia, India, and South Korea. SHARC Energy is currently validating protection across 18 EU member states. These patents build upon their existing Canadian patent (No. 2,926,576) from June 2020, strengthening their position in major WET markets.
SHARC Energy (OTCQB:INTWF) has been selected as a Cohort 2 Finalist in the New York Climate Exchange's inaugural Sustainable Solutions Challenge. The company, which specializes in wastewater energy transfer (WET) technology, will showcase its innovations at Climate Week NYC 2025 on September 25 at Governors Island.
The global competition, supported by AWS, Intel, VELUX, and others, attracted over 100 submissions from 11 countries. SHARC Energy will demonstrate a 3D model of their SHARC 660 WET system, currently operational at Brooklyn's Alafia campus, to 150 key stakeholders including urban planners, investors, and public officials.
Selected finalists have the potential to be integrated into The Climate Hub on Governors Island, a pioneering climate education and innovation center set to open in 2029.
SHARC Energy (OTCQB:INTWF) reported strong Q2 2025 financial results, with YTD revenue reaching $1.86M, representing 86% of full-year 2024 revenue and a 19% increase over YTD 2024. Q2 2025 revenue grew 9% to $0.85M compared to Q2 2024.
The company maintains a robust Sales Pipeline of $16.6M and a Sales Order Backlog of $3.7M, marking a 3% growth since May 2025. Gross margins were 44% in Q2 2025 and 37% YTD 2025. The company reported Q2 2025 loss of $0.82M and Adjusted EBITDA loss of $0.46M.
Notable developments include the implementation of SHARC Wastewater Energy Transfer systems in major projects like Lebreton Flats in Ottawa and Sen̓áḵw in Vancouver, plus a recent $1.57M convertible debenture closing.