Ambient Water Corporation (OTCBB: AWGI) pioneered atmospheric water generation technology for extracting water from humidity in the air. Drawing from the water vapor in the air that we breathe, the Company’s patented technology claims to transform humidity into an abundant source of clean water near the point of use.
Stock News Now: Mr. White, thank you for taking the time to answer a few questions with Stock News Now. As it states in all your media, the company claims to, ‘makes clean water out of thin air’ – can you start out with an overview explaining what you mean?
KW: Ambient Water’s equipment extracts water from the humidity in the air. We then store that water for later use while continually filtering and sterilizing the water to keep it fresh and contaminant free for use in residential to bulk water applications.
Stock News Now: How does the company’s ‘atmospheric water generation technology’ work?
KW: Our equipment uses a refrigeration technique to pass humid air over a cold surface and chill it to the “dew point,” condensing the moisture into water droplets onto a series of patented, stainless steel or specially coated coils. Those droplets are then processed through advanced filtering chambers and sanitized before being aggregated for later use, usually as clean drinking water.
Our technology enables significant amounts of water to be extracted from the air and purified efficiently at a relatively low cost per liter or gallon. We have several patents and patents pending relating to this technology, which has been developed over a period of about 15 years.
Stock News Now: What are the products Ambient is selling and to what markets?
KW: We currently have two models that are available for purchase. These include:
- Model 2500: This is a residential and small office unit intended to replace a traditional 5 gallon water cooler, primarily used as a domestic drinking water source.
- Model 400: This is a commercial unit intended for application at hotels, apartment buildings, hospitals, disaster relief areas, and more, that require larger amounts of fresh drinking water and bulk water supplies in a sustainable manner. The model 400 series is totally scalable to meet these heavier demands.
We have other models in development as well, including the Model 20K, which would produce 20,000 gallons of water a day for water-intensive industrial applications, such as the oil & gas and farming industries.
Stock News Now: The company recently announced on February 18th that Ambient Water Proceeds Through Installation Process: Shares First Photos and Video of ‘Ambient Water 400’ – Can you tell us about this installation?
KW: We are very excited about this installation in Houston, Texas. After a positive result from our detailed market study, we are moving ahead to demonstrate the effectiveness and efficiency of this equipment in an area that is currently experiencing severe water shortages, and are primarily targeting the oil and gas market, which is an intensive water user. Our goal is to demonstrate that our equipment is technically and financially viable for this market in order to scale up this equipment to a larger capacity to meet bulk water needs. Hydraulic fracturing (or ‘fracking’) can use as much as 5 million gallons of water per well and all of that water has to come from somewhere. Increasingly, restrictions on water use are being put in place in many areas of the country. This means that much of this water is being trucked from private sources, many of which can be a considerable distance from the well, for a significant cost. Our equipment allows the water to be generated at the well site or considerably closer, thereby reducing the costs associated as well as avoiding competition for water in an already water stressed region.
Stock News Now: Who is your competition? Are the comparative technologies out there?
KW: This technology has been in development for many years and there have been several companies that have come and gone in this space. Currently, there is not a single dominant player in this market but several that are similar in size to Ambient Water. Most of these competitors are serving the individual user with a small unit similar to our Model 2500. We are somewhat unique in that we have and are developing some very large scale equipment for commercial and industrial use, and already have one of these applications in place in Houston.
Stock News Now: What is your background?
KW: I have been involved in atmospheric water generation technology development for more than 15 years. As one of the early pioneers of this industry, I’ve developed a considerable knowledge base of experience and a keen eye for where the technology is going.
Stock News Now: What can we look forward to from Ambient Water in 2015?
KW: We are continuing to pursue many verticals in the commercial and industrial arena from emergency water supply, to opportunities in the oils and gas sector, to vertical farming with our partner BW Global. Under the BW Global umbrella we will continue to develop and implement not only the performance of the technology to provide water for this application, but also provide complete climate control, thereby enhancing the production and profitability of these operations. Currently there are many opportunities and we are actively engaged with potential customers from the Americas to the Middle East and locations in between.
For more information about Ambient Water Corporation, go to: www.AmbientWater.com
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