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OriginClear (OCLN) delivers innovative water treatment solutions through advanced purification systems and a global licensing model. This news hub provides investors and stakeholders with timely updates on the company’s progress in sustainable water management.
Access official press releases, technology announcements, and partnership developments in one centralized location. Track updates on earnings reports, regulatory milestones, and advancements in OCLN’s blockchain-enabled WaterChain initiative.
Discover critical updates across key areas: technology innovations in pollutant removal, strategic licensing agreements with global partners, and sustainability initiatives addressing water scarcity challenges. Bookmark this page to stay informed about OriginClear’s role in transforming water treatment through energy-efficient solutions.
OriginClear (OCLN) announced that its subsidiary, Water On Demand Inc. (WODI), has terminated its Business Combination Agreement with Fortune Rise Acquisition (FRLA) dated October 23, 2023. The termination, effective December 12, 2024, was due to ongoing delays in S-4 Registration Statement registration, which could have pushed the closing date to March 2025 or later, resulting in additional costs and market uncertainties.
Following this development, WODI plans to resume its previously paused Regulation A offering. The company aims to focus on expanding Water On Demand operations and growing its water-as-a-service business in target markets, addressing critical infrastructure needs in the U.S. water industry.
Water On Demand (WODI), a subsidiary of OriginClear, Inc. (OTC: OCLN), has delivered its EveraMOD™ pump station package to a large-scale wastewater upgrade project in Pennsylvania. This innovative solution addresses America's aging wastewater infrastructure crisis by offering a durable, non-corrosive alternative to traditional concrete structures. The EveraMOD pump stations are designed to last up to 100 years and can be installed within weeks, significantly reducing project timelines and costs.
The successful implementation in Big Beaver Borough, Pennsylvania, showcases the product's ability to meet critical deadlines and overcome common infrastructure challenges. WODI's Modular Water Systems™ division is gaining traction in the market with its customizable, prefabricated systems that offer faster lead times and cost-effective solutions for municipal, industrial, and commercial wastewater applications.
Progressive Water Treatment (PWT), a division of Water on Demand Inc., has opened a new 21,500-square-foot headquarters in Sherman, Texas. The facility features a light manufacturing area for water treatment equipment, expanded warehouse space for filtration and pump inventory, and improved logistics for faster customer delivery. The grand opening ceremony is scheduled for October 8, 2024, with local officials and company executives attending.
The new facility will double manufacturing capacity and allow PWT to hire ten additional staff members, including skilled workers and engineers. The company chose Sherman for its industrial manufacturing appeal and access to major transportation routes. This expansion aims to enhance PWT's ability to serve local customers and provide next-day delivery within a three-hour radius.
Water On Demand (WODI), a subsidiary of OriginClear, Inc. (OTC: OCLN), announces market traction for its new EveraTREAT MINI product line, designed for small wastewater treatment systems. The product is standardized in 2,500 to 10,000 gallon per day (gpd) increments and is competitively priced for various small-scale applications. Key features include:
1. Underground, single-tank Integrated Film Activated Sludge (IFAS) treatment system
2. Minimal maintenance requirements
3. Option for water reuse and contaminant elimination
4. Pre-approval by Texas Commission on Environmental Quality for designs up to 5,000 gpd
5. Standardized design eliminating need for custom engineering
The product has gained support from partners like Enviromaintenance in Texas, with CEO Bryan Klepzig praising its quick installation and minimal service needs.
OriginClear, the Clean Water Innovation Hub™, announces a new investment opportunity aimed at addressing critical water issues such as drought, pollution, and rising water rates. This initiative is supported by Kevin Harrington, an original 'shark' on Shark Tank. Harrington emphasizes the urgent need for industry and agriculture to adopt self-sufficient water treatment solutions. OriginClear's Water On Demand subsidiary, currently merging with a Nasdaq-listed company, aims to acquire complementary organizations. Interested investors can learn more at ManhattanStreetCapital.com/originclear.