BioLargo Inc (OTCQB:BLGO) announced that it has secured its first customer to engineer a comprehensive per- and polyfluoroalkyl substances (PFAS) mitigation plan for an industrial site, and has signed an agreement with a new channel partner to sell the company's PFAS treatment equipment and engineering services.
The cleantech technologies provider said the customer contract is for the first phase of what is expected to be a multi-phase comprehensive PFAS remediation project.
“Securing our first customer is obviously a very important step for BioLargo as a comprehensive solutions-provider in the PFAS remediation market,” BioLargo Dennis Calvert said in a statement.
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“We will look forward to sharing more information about this project as well as our other activities with channel partners in the PFAS mitigation space,” Calvert added.
BioLargo noted the contract was secured in collaboration with a new channel partner, which has been appointed to promote, market, and distribute the company's water treatment equipment and PFAS-related engineering and project integration services.
PFAS are man-made persistent, bioaccumulative chemicals linked to widespread negative health effects including cancer, birth defects, and more, and are known to contaminate surface and groundwater in all 50 states, affecting multiple industries, according to the company.
BioLargo offers PFAS mitigation services through its environmental engineering BioLargo Engineering subsidiary, including field testing, engineering design, system installation, operation, and maintenance as well as water treatment systems, including the company's own proprietary PFAS treatment technology the Aqueous Electrostatic Concentrator (AEC).
BioLargo invents, develops, and commercializes innovative technologies in the cleantech space, including for PFAS contamination, advanced water and wastewater treatment, industrial odor and VOC control, air quality control, and infection control.
With over 13 years of extensive R&D, it also holds a wide array of issued patents, maintains a robust pipeline of products, and provides full-service environmental engineering.
Contact Sean at sean@proactiveinvestors.com