- Water Ways (WWT) delivers and installs a new water purification system for farmers in Ethiopia
- The project amounted to CAD$130,000, and revenue was recognized in full
- The system is based on a filtration and purification system that received approval after being used in hospitals
- Over 5,000 people per day are able to have access to this water supply
- Water Ways Technologies (WWT) is unchanged on the day, trading at C$0.21 at 12:30 pm ET
Water Ways Technologies (WWT) installed a water purification system to provide accessible drinking water for farmers in remote areas in Ethiopia.
The project amounted to C$130,000, and revenue was recognized in full.
The system is based on a filtration and purification system that received approval after being used in hospitals.
Water Ways believes the system is more economical and less expensive than competing systems and has many environmental benefits.
The system can supply drinking water to over 5,000 people per day. Water Ways’ target is to install more systems in remote parts of Ethiopia where drinking water is scarce and irregular.
Ohad Haber, Water Ways CEO, said, “The Water purification and filtration system is unique and maybe a new way to deliver drinking water to many parts of Africa where water is scarce. This is part of Water Ways’ mission to make efficient use of water.”
WWT, through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers.
WWT competes in the global irrigation water systems market.
Water Ways Technologies (WWT) is unchanged on the day, trading at C$0.21 at 12:30 pm ET.
