Healixa (OTC:EMOR) Inc announced that it has secured an additional indication of interest to the tune of $37.5 million in orders from WATERisLife for Caribbean water projects.
Through its clean water projects, WATERisLIFE ensures that households, schools, orphanages, and medical facilities have access to safe water, sanitation, and hygiene programs. WATERisLIFE works closely with nonprofit partners, local governments, and community organizations to create sizeable impact.
The technology company said that the indication of interest (IOI) adds to the previous $37.5 million in IOI's secured for its Global AquaDuct units, bringing the aggregate order indications to $70 million.
READ: Healixa secures Indications of Interest to order 1,000 Global AquaDuct units from WATERisLIFE
Healixa (OTC:EMOR)'s AWH technology is a clean water technology that can harvest potable water directly from the atmosphere almost anywhere on earth with minimal energy using solar power. The technology 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 (OTC:EMOR) estimates that solar panel components will make up approximately 2.5% of the Global AquaDuct unit production costs, and to that end recently signed a definitive solar component supply agreement with Solar Integrated Roofing Corp (OTC:SIRC) to supply the solar components.
Healixa CEO Ian Parker told investors that these expressions of interest are a bit more personal because he has family in the Caribbean island nation of Curacao.
"Global AquaDuct provides a solution that solves for current water issues in the Caribbean,” Parker said in a statement. “With our partner WATERisLife, we can now provide a water solution that can provide much needed relief to these island communities.”
Solar Integrated Roofing is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the US.
"Ian and the Healixa team have made incredible progress in commercializing their technology, presenting an exciting adjacent opportunity for the SIRC family of companies to supply them with solar components," said David Massey, CEO of Solar Integrated Roofing. "Our nationwide scale provides us with incredible cost efficiencies, allowing us to provide solar at an attractive price while ensuring a reasonable profit.”
WATERisLIFE's goal is to provide one billion people safe drinking water.
Contact Angela at angela@proactiveinvestors.com
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