Healixa Inc said it has secured an additional $22.5 million in indications of interest (IOI) to order its Global AquaDuct units from WATERisLIFE for projects in South America.
All told, the company has received $37.5 million worth of IOIs from WATERisLIFE. Last week, Healixa (OTC:EMOR) won $15 million in IOIs from the organization for projects in Central America.
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 with safe drinking water.
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Healixa (OTC:EMOR) has developed a game-changing clean water technology called Atmospheric Water Harvesting (AWH) that can draw potable water directly from the air anywhere on earth with minimal energy using solar power via its Global AquaDuct unit.
"As we examine more geographic regions, we are finding that the demand for the Global AquaDuct product continues to build,” said Healixa (OTC:EMOR) CEO Ian Parker in a statement. “We are so happy to have a partner in WATERisLIFE that shares our passion for solving the world's clean water scarcity crisis. We are eager to get these units produced and help the communities of South America.”
Although Latin America possesses roughly 30% of the world's freshwater resources, Healixa said that mismanagement, overexploitation, pollution, and climate change-related impacts are increasing the region's water insecurity.
Of the 20 largest Latin American cities, 16 now face water-related stress. In addition to the humanitarian pressures this creates, water resource issues have impacted business operations in multiple locations across South America.
For example, major droughts have affected the power supply in Brazil, water-based transportation of key exports in Argentina, growing pushback against extractive projects in Ecuador, and legislative moves in Chile to address a severe water scarcity issue caused by a lack of rainfall, the company said.
Healixa estimates that solar panel components will make up approximately 2.5% of the Global AquaDuct unit production costs and has signed a supply agreement with Solar Integrated Roofing Corp (OTC:SIRC) to supply the solar components.
"We are very excited to see this continuation of initial demand for the Global AquaDuct units,” David Massey, CEO of Solar Integrated Roofing. “We believe there is much more to come, representing an incredible opportunity for both of our companies. I look forward to supplying Healixa with a now estimated $1 million in solar components for the aggregated future orders, enabling sustainably produced, clean water in Latin America."
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