Introduction
Imagine a synthetic industrial chemical so pervasive it is found globally, so persistent it never breaks down, so insidious it is found in the water we drink, and so dangerous it can cause significant health problems.
These manmade “forever chemicals,” per-and polyfluoroalkyl substances (PFAS) have been used in industrial and consumer products since the 1940s. They are found in products like nonstick cookware, water-repellent clothing, stain resistant fabrics, carpets, cosmetics, and firefighting foams. They do not break down, are bioaccumulative, and found in the environment (air, water, soil) and living organisms (fish, wildlife, and even the human body).
Peer reviewed, scientific studies have shown how PFAS exposure can result in adverse health outcomes such as decreased fertility, developmental delays, increased cancer risk, obesity, reduced immune response, and hormone deregulation. PFAS are widespread and persistent and found in: 83% of American waterways sampled and the blood of up to 97% of Americans. There are 57,000 contaminated sites in the United States leaving over 133 million people exposed to PFAS through their water supplies.
These forever chemicals pose a daunting global threat as conventional methods have proven ineffective or too costly. Regulation, liability, and health concerns are driving implementation of new treatment systems to address PFAS. Our innovative approach is designed to eliminate toxic forever chemicals with cutting edge materials science in an inexpensive, environmentally friendly, and scalable system.
We invite you to join our mission to make the world a safer, healthier place.
Problem
The PFAS problem is complex, with widespread contamination of the environment and health impacts. While the dangers were known for decades, the full extent of the problem only recently became clear. In particular, concerns center upon drinking water contamination and exposure in the workplace and through consumer products.
PFAS have been largely unregulated for the past 75 years, but significant federal, state, and local regulations are emerging. In March 2023, the Environmental Protection Agency (EPA) proposed the National Primary Drinking Water Regulation (NPDWR) to create legally enforceable Maximum Contaminant Levers (MCLs) of PFAS in drinking water. This regulation would require the monitoring of public water systems, notify consumers of PFAS levels, and require remediation when necessary. Since 2005, more than 6,000 PFAS related lawsuits have been filed and billions of dollars in settlements rewarded for the monitoring, cleanup, and supply of PFAS free water. In addition to the lack of regulation, additional barriers include high remediation costs, thousands of PFAS types, environmental impacts, and the lack of a scalable solution.
At Invicta Water, we believe we are the solution!
Solution
At Invicta Water, our technology removes and destroys PFAS in an economical, safe, and environmentally friendly manner that no other method or company can match. Our state-of-the-art catalytic crystals capture PFAS molecules and are combined with UV energy to catalytically destroy the PFAS. The PFAS molecules are destroyed in place resulting in significantly smaller sized systems, virtually no waste stream, and lower up-front capital and annual operating expenses.
What: Invicta Water extracts and destroys toxic PFAS (aka "forever chemicals") from global water supplies.
How: This staged system provides a continuous clean water flow while destroying the PFAS and eliminating the hazardous waste.
The 3 Stages:
1. Stripping – The incoming water is separated into two streams. A Waste Stream (10% of the total water volume) containing all of the PFAS is stripped from the water and sent to Stage 2 of the process. The rest of the PFAS free water (90% of the total water volume) is released into the Clean Stream.
2. Enrichment – The incoming Waste Stream is again separated into two streams - a Water Return Stream and an Enriched Waste Stream. The PFAS in the Waste Stream is concentrated to form the Enriched Waste Stream that reduces the contaminated water volume by another 90%. The Enriched Waste Stream is transferred to Stage 3 and the remaining water, now PFAS free, is returned to Stage 1.
3. Destruction – In the final stage, the PFAS molecules are destroyed, and the water is returned to Stage 2.
Business Model
Invicta Water’s mission is to eliminate PFAS in water by providing solutions to municipal drinking water and wastewater systems, industrial facilities, ground and surface water remediation locations, and small facility and home use. Invicta Water solutions are easy to specify, implement, and operate; very cost effective; require a minimal footprint; and use minimal energy.
Invicta Water installs and maintains water systems designed to remove and destroy PFAS in an economical, safe, and environmentally friendly manner. Our modular solutions are designed to enable fast selection, purchase, and installation and are configurable to meet any water capacity demands and physical area requirements.
Invicta Water is targeting engagement areas:
- Significantly impacted by high PFAS contamination levels
- Under current or pending litigation
- Requiring mandated remediation
Initial Product Lines:
- Municipality wastewater and drinking water
- Industrial and manufacturing waste streams
Product Roadmap:
- Mobile remediation
- In-home use (well water and point-of-use filters)
Market
The US market opportunity for PFAS removal from water is emergent and in excess of $290 billion. The US generates approximately 34 billion gallons/day of wastewater and consumes another 30 billion gallons/day of drinking water, likely containing PFAS compounds. Industrial sites with wastewater permits release another 49 billion gallons/day. EPA studies of the PFAS issue determined tight limits are required. Starting with drinking water, they have proposed limits of 4 parts per trillion for four PFAS compounds. Additional regulations on publicly owned and industrial wastewater treatment systems are imminent.
Settlements from manufacturers, in the billions of dollars, are funding water treatment systems for some of the most contaminated locations with more lawsuits pending. Many communities, weighing the effects on health, are moving forward with their own funding.
Related Articles
- Invicta Water
Videos, Websites, and Peer Reviewed Articles - PFAS Deaths
USA Today – Across the US, towns warn of toxic PFAS chemicals in drinking water. Here's what to know. - Pain, Cancer, Death
The Guardian – Pain, cancer, death: Michigan families devastated by toxic chemicals in their water - RDU Area
The News & Observer – Water in Raleigh, Durham, Chapel Hill contains PFAS above new EPA health advisory levels - Coastal Florida
Wall Street Journal – Coastal Town Brings Mass Litigation—and an ‘Existential Threat’—to Chemical Giants - Dark Waters
IMDB – Dark Waters - Philadelphia Phillies
The Philadelphia Inquirer – What to know about ‘forever chemicals,’ artificial turf, Phillies cancer deaths, and our story
Team
Leadership Team
Advisory Team
Clinton received his MA in Government from Johns Hopkins University, where he earned an honors designation for his thesis, and his BA in Political Science from New York University. Clinton lives in North Carolina with his wife and daughter.
He is a co-author on over 50 publications and co-inventor on 11 U.S. patents. Rob received a B.S. in Engineering, Science and Mechanics from Virginia Tech, a M.S. in Materials Science and Engineering from the University of Virginia and his Doctorate from North Carolina State University.
Use of Proceeds
If the offering's maximum amount of $400,000 is raised:
Use | Value | % of Proceeds |
---|---|---|
Capital Equipment | $100,000 | 25.0% |
Engineering Design and Development | $120,000 | 30.0% |
Sales and Marketing | $60,000 | 15.0% |
Administrative | $60,000 | 15.0% |
Intellectual Property | $20,400 | 5.1% |
Legal | $20,000 | 5.0% |
Intermediary fees | $19,600 | 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 Invicta Water, Inc.. This offering must reach its target of at least $10,000 by its offering deadline of April 26, 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
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
- Sep 4, 2024We are excited to get this project, in our home...
- Jul 22, 2024We’re excited to announce that we’ve officially...
- Jun 19, 2024We're excited to announce a major leap forward...
- Apr 27, 2024Primary offering finalized, sellingshares
- Apr 26, 2024Hi everyone, As we rapidly approach our...
- Apr 23, 2024Hi everyone, We're just a few days away from...
- Apr 11, 2024You may have seen that yesterday the EPA...
- Mar 11, 2024We want to share some incredible results from a...
- Mar 6, 2024The Burlington, NC town council took a...
- Feb 14, 2024The Pittsboro project (PFAS and DIOXANE) is...
- Feb 13, 2024We are excited to announce that the Town of...
- Feb 5, 2024Over the past few months, we have actively...
- Dec 12, 2023We are excited to announce that Invicta Water’s...
- Dec 4, 2023INVICTA WATER'S HOME USE SYSTEMS: CLEAN WATER...
- Oct 25, 2023Invicta Water had the opportunity to tell our...
- Oct 24, 2023The interview that we had with WRAL is...
- Oct 5, 2023**NEW CONTRACT WITH THE NAVY*** Invicta Water...
- Oct 4, 2023What a start to the week we had! On Monday, we...
- Sep 6, 2023Invicta Water has an All-Star team of Advisors...
- Sep 5, 2023We wanted to share a recorded video for those...
- Aug 23, 2023Hello, Tune in tomorrow (8/24) at 3:00pm EDT...
- Aug 21, 2023Are you ready for a Water Filter to remove PFAS...
- Aug 17, 2023There have been a lot of questions about...
- Aug 15, 2023Nano-magazine.com published an interesting...
- Aug 14, 2023Analyzing water samples for PFAS is complex and...
- Aug 10, 2023We had the pleasure to present at the Demo Day...
- Aug 1, 2023The Invicta Water team is constantly working to...
- Jul 31, 2023Charlotte Angel Connection’s 151st interview...
- Jul 28, 2023We continue to make progress and improvements...
- Jul 26, 2023We had a chance to spend some time with Dr....
- Jul 18, 2023What does it cost to have water free from toxic...
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