The assets acquired by Aquastill consist of the intellectual property (IP), laboratory equipment and selected R&D projects.
SolarSpring’s Rebecca Schwantes and Kirtiraj Chavan will support the transition and stay connected as advisors to Aquastill.
This acquisition underlines Aquastill’s commitment to the further development of membrane distillation as a sustainable thermal desalination technology for both seawater and industrial wastewater. Membrane distillation technology uses waste heat to power the desalination of seawater and industrial wastewater.
The integration of the assets within Aquastill is expected to be completed before 1 October 2024.
