Introduction
EWM’s processes are designed to separate salty waters into clean water and beneficial minerals without creating any waste.
This patented process, which EWM has termed Full Recovery Desalination®, is different from traditional desalination techniques, which create waste and result in more expensive water. The water created by EWM’s processes is affordable because the sale of recovered minerals as commodities subsidizes the cost of desalination.
With increasing water demand, we believe EWM’s environmentally friendly technology is poised for growth. EWM’s technology is applicable globally to seawater desalination, brackish water desalination, produced water, lithium containing brines, mining tailings, agricultural runoff, and other industrial water sources containing salt and minerals.
"Any form of desalination should not only produce clean water, but also monetize the minerals from the water. This not only maximizes profits but supports the circular economy by using the entire resource with no waste."
Problem
According to the United Nations Educational, Scientific and Cultural Organization, approximately 96.5% of the world’s water supply is saltwater and is unsuitable for agricultural, municipal, or industrial purposes in its existing form. Further limiting the water supply is the fact that approximately 70% of freshwater is inaccessible as glaciers and permanent snow cover. Although the global population is growing, the supply of freshwater has not kept pace, exasperating the water scarcity issue.
Globally, desalination has emerged as a breakthrough technology that allows new sources of freshwater to be created by extracting it from seawater and brackish water. However, the cost, significant power consumption, and environmental concerns are key barriers that slow and sometimes prevent adoption of desalination. EWM’s Full Recovery Desalination® technology is designed to overcome these hurdles by integrating minerals recovery to subsidize the cost, more efficiently utilizing power, and eliminating environmental concerns associated with disposal.
Solution
EWM’s technology provides desalination that addresses the growing need without some of the issues encountered by traditional desalination.
Concerns relating to traditional desalination include the cost of the water produced, the energy footprint, and the waste generated by the process. EWM’s process is designed to solve these problems. By removing all the minerals from the water and using them in saleable products, the cost of the water produced is significantly reduced – making it affordable. EWM also added renewable energy to be used with its desalination process. The process also results in no waste.
EWM has been granted over 10 U.S. patents and a patent in over 10 other countries. EWM also has additional applications pending in the U.S. and in some countries outside the U.S. and continues to invent new process technology on a continuous basis.
Business Model
EWM is a technology company. It plans to assist in designing a plant based on the EWM technology and license its technology to the plant. EWM’s revenue is planned to come from both consulting services and license fees.
EWM plans to assist in the feasibility, pilot, and design of a facility using EWM’s technology. At the design stage, EWM requires a license to be purchased. The license is to be an initial payment with ongoing royalties (similar to process technology licensing already done in other industries).
EWM’s expected customers include:
- Governments (municipalities, international governments, etc.)
- Industry (those needing clean water or creating wastewater) - including lithium/copper mining companies, hydrogen companies, energy companies, semiconductor companies, etc.
Market
Global consumption of water has increased over 500 billion m3 since 2010 and is continuing at this pace according to graphs shown by the World Research Simulation Center. The United Nations Environment Programme has said that “[s]eawater desalination can extend water supplies beyond what is available from the hydrological cycle, but innovation in brine management and disposal is required.”
We believe EWM’s technology is poised to address the global need. With a large market and the ability to make clean water more affordable with the sale of the minerals and to make the clean water without any waste, EWM sees this as a large opportunity to license its process technology to those needing clean water or sustainable minerals.
Success To Date
EWM’s Full Recovery Desalination® process has been through the following:
- Engineering Studies – Large outside engineering firms were hired to validate EWM’s process.
- Pilots – Two successful pilots have been conducted employing EWM’s process.
- Feasibility studies – Feasibility studies have been performed on brackish water, seawater, and produced water.
- Plants – A full-scale commercial plant for brackish water using EWM’s technology was built in El Paso, Texas. The plant was based on EWM’s process technology. The plant has had issues relating primarily to equipment provided by others and its commissioning has been delayed over multiple years. Due to this, the plant’s ownership has changed over the years. Work is still being done at the site toward a new operational plan.
EWM has recently (in 2023) signed three distribution agreements. One with a large multi-million dollar company that works with produced water in the Middle East/North Africa, one with a consulting company that works in Mexico, and one for the Philippines. These agreements have revenue targets that the partners must meet in order for the exclusivity to continue. EWM is hopeful to see revenue from these recent endeavors.
EWM also has recently been requested to submit its technology for a request for proposal for three large mining companies and also is in discussions about a potential project with a multi-billion dollar international conglomerate.
In sum, there is great interest for the use of EWM’s technology in various implementations and countries and, based on feedback from these companies, EWM does not know of any other entity that has a zero waste desalination technology.
Press
EWM has been invited to speak on its technology over 20 times around the world, which gives it the potential to reach many sources. EWM is expected to speak next at the Texas Desal Annual 2023 Conference (September 2023 in El Paso).
EWM has been granted the following awards.
Team
Use of Proceeds
If the offering's maximum amount of $999,900 is raised:
Use | Value | % of Proceeds |
---|---|---|
Marketing | $449,955 | 45.0% |
General & Administrative | $50,995 | 5.1% |
Research & Development | $449,955 | 45.0% |
Intermediary fees | $48,995 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Common Stock, under registration exemption 4(a)(6), in Enviro Water Minerals Company, Inc. dba EWM. This offering must reach its target of at least $10,000 by its offering deadline of April 19, 2024 at 11:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
EWM’s official name is Enviro Water Minerals Company, Inc., so that’s the name that appears in the statements below.
These financial statements have been reviewed by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Apr 20, 2024Primary offering finalized, sellingshares
- Feb 15, 2024We would like to thank the United Nations...
- Nov 14, 2023Please come and hear more about EWM tomorrow...
- Nov 8, 2023EWM is excited to share KingsCrowd's EWM...
- Oct 19, 2023Please join us today for a presentation on EWM...
- Sep 27, 2023EWM is excited to announce that it was selected...
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