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SHARC International Systems Inc., doing business as SHARC Energy, develops and sells wastewater energy transfer systems that exchange thermal energy with wastewater for heating, cooling and domestic hot water applications. Its reported product portfolio includes SHARC 880, PIRANHA and Back-Flush Only systems for commercial, residential, industrial and district energy settings.
Company news commonly covers equipment orders, project deployments, system commissioning, backlog and revenue updates, product-category expansion, and governance actions. Reported applications include district energy and thermal energy networks, wastewater treatment plant effluent, multifamily housing, airports, data centers, universities and other facilities using wastewater or hydronic sources as thermal-energy reservoirs.
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.
SHARC International Systems (OTCQB:INTWF), a leader in wastewater energy transfer (WET) technology, has announced the shipment of two SHARC 880 WET Systems to a U.S. government-affiliated project. While specific project details are pending future disclosure, this development marks a significant milestone in the company's U.S. market expansion.
The company's innovative WET technology recently gained recognition through coverage in the Wall Street Journal, highlighting its role in sustainable infrastructure. This shipment demonstrates the growing adoption of SHARC Energy's solutions by cities and governments seeking sustainable alternatives for heating, cooling, and potable hot water systems.
SHARC Energy (INTWF) announced that two SHARC 880 Wastewater Energy Transfer (WET) systems will power a district energy system in Ottawa's LeBreton Flats redevelopment. The project is led by the LeBreton Community Utility Partnership, a joint venture between Envari Holding Inc. and Theia Partners.
The WET system will provide 9 Megawatts of sustainable heating and cooling to the development, including DREAM's Odenak development - a 600-unit, two-tower project. The system is expected to reduce greenhouse gas emissions by 5,066 tonnes annually, equivalent to the electricity used by 3,387 homes for a year.
Construction will begin in late 2025, with SHARC Energy anticipating equipment delivery during 2026. The partnership is in discussions with the National Capital Commission to potentially expand the WET network to additional land parcels at LeBreton Flats.
SHARC Energy (OTCQB: INTWF) has announced significant changes to its Board of Directors. Fred Andriano has been appointed as Chairman of the Board and Executive Officer, replacing founder Lynn Mueller, who will remain as Vice Chairman and Executive Officer. Andriano brings 20 years of experience in the heating and cooling energy sector, with previous roles including VP of Finance at NIBE North America and CFO at WaterFurnace International.
The company also announced the retirement of Eleanor Chiu from the Board after nearly six years of service. Chiu, who holds a 5% stake in the company, will be succeeded by Andriano as Chairman of the Audit Committee. These leadership changes are part of SHARC Energy's strategic move to accelerate growth, expand markets, and improve profitability in the Wastewater Energy Transfer sector.