Forward Water $FWTC Signs LOI To Deliver Breakthrough Landfill Wastewater Treatment Into UK & Ireland

The global water and wastewater treatment market is projected to grow from $283.48 billion in 2021 to $465.23 billion in 2028 at a CAGR of 7.3%.

WHY?

Treatment of water and wastewater is necessary for mankind to meet the demand for water resources, not only for municipal and agricultural purposes but also for critical industry purposes. Currently, over 40% of the global population resides in regions marked under critical water stress.

Enter Forward Water Technologies….

FWTC is dedicated to the commercialization of its patented forward osmosis technology which can reduce water consumption by as much as 90% in many industrial applications.

The technology allows for the reduction of challenging waste streams that simultaneously returns fresh water for re-use or surface release. The Company's mandate is to focus on the large-scale implementation of its technology in multiple sectors, including industrial wastewater, oil and gas, mining, agriculture and ultimately municipal water supply and re-use market sectors.

More than just lip service, here are just some of the company’s recent milestones

• Collaborating with distribution partners to serve global opportunities in areas such as the UK and Europe which will represent new emerging markets and opportunities
  • Included in these collaborations are multiple ongoing trials pending with various European based operations
• Additionally, the Company is currently working with its partner in India, Goldfinch Engineering, and is well prepared for the global market by actively accepting test trials
• Actively engaged with clients with a concentrated business development initiative in the
  • leachate management space (one of, if not the most significant long-term, recurring cost for landfill care.
  • oil and gas support services and lithium extraction verticals.
• To advance industrial discussions, Forward Water has recently signed non-disclosure agreements with two major lithium extraction companies having access to large lithium-rich aquifer-based brine deposits.

Recently the Company announced the signing of a letter of intent with Membracon UK

CEO Howie Honeyman commented on the partnership, "The capability of Forward Water's technology combined with the deployment capacity of Membracon provides an excellent pathway to enter the UK market with a targeted application already well underway".

Now sit back, relax and watch this powerful interview.