Healixa (OTC:EMOR) Inc said it has secured Indications of Interest (IOI) to order 1,000 Global AquaDuct units from WATERisLIFE for projects located in Central America.
The IOI, representing approximately US$15 million, is the first IOI secured for Global AquaDuct units. WATERisLIFE works closely with non-profit partners, local governments, and community organizations to ensure that households, schools, orphanages, and medical facilities have access to safe water, sanitation, and hygiene programs. WATERisLIFE's goal is to provide 1 billion people safe drinking water.
In a statement, Ian Parker, CEO of Healixa (OTC:EMOR) said: "This is an exciting initial indication for our Global AquaDuct product and begins to highlight the demand and need for this product. We are very grateful that WATERisLIFE has chosen our solution to assist them in their goal of bringing clean potable water throughout the world. We are eager to get these 1,000 units produced and help the people of Central America."
READ: Healixa strikes deal to supply solar components for its Global Aquaduct units
According to the World Bank report, 'Study of Urbanization in Central America: Opportunities of an Urban Central America', it is expected that in the next generation, 70% of the population will live in cities, compared to the current 59%. This leads to unprecedented challenges, among which water supply and sanitation are among the most urgent, Healixa noted.
For example, in Guatemala approximately 90% of the water is contaminated. Many people are left with water sources that cause disease and sickness. Another example is Mexico City where weak infrastructure and climate change are challenging Mexico City's ability to provide clean and adequate water to residents. Water supply in Mexico City comes from an underground aquifer that is being drained at an irreplaceable rate. As the aquifer is drained, Mexico City is sinking downwards rapidly at twenty inches per year.
Healixa's AWH technology is a game-changing clean water technology that can harvest potable water directly from the atmosphere almost anywhere on earth with minimal energy using solar power. AWH is not reliant on relative humidity and can be operated sustainably to provide several hundreds of liters of potable water a day with a Global AquaDuct unit.
Healixa estimates that solar panel components will make up approximately 2.5% of the Global AquaDuct unit production costs and has recently signed a definitive solar component supply agreement with Solar Integrated Roofing Corp (OTC:SIRC) to supply the solar components.
Solar Integrated Roofing is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. Its broad array of solutions includes sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work.
David Massey, CEO of Solar Integrated Roofing commented: "We are very excited to see the strong initial demand for the Global AquaDuct units. We believe this initial indication will be the first of many, representing an incredible opportunity for both of our companies. I look forward to supplying Healixa with an estimated $300,000 in solar components for these future orders, enabling sustainably produced, clean water in Central America."
Healixa is a technology company focusing on building and acquiring innovative and disruptive technologies in the health-tech, clean water generation and green-tech industries. The company embraces innovation by combining its intellectual properties, patents, strategic collaborations, and partnerships to create a 'LaunchPad' of disruptive sustainable products.
Contact the author at jon.hopkins@proactiveinvestors.com