Mississauga, ON (Monday, November 6, 2017) - Forward Water Technologies (FWT) is honored to announce its successful application of a joint funding award through Alberta Innovates and SDTC aimed at accelerating the commercialization of water related technologies that benefit Alberta and Canada.
The technology behind Forward Water originated in the Queen's University labs of Prof. Philip Jessop. The forward osmosis system is an energy efficient process that has been successfully demonstrated for the treatment of many high total dissolved dissolved solids wastewater streams. The process returns fresh water that can be re-used in operations using less energy than conventional processes and reduces overall the environmental footprint of wastewater treatment. Forward Water Technologies has been engaged in the commercial development of this technology and has brought it from the lab to near commercial readiness.
“Forward Water Technologies and its partners are excited to be a part of this funding opportunity,” said Howie Honeyman, CEO of FWT. “With this technology, FWT will change the way that water is handled in oil and gas wastewater streams to benefit of both the global environment and to the Albertan and Canadian economies.”
“Forward Water Technologies is on the brink of drastically improving the way industry handles wastewater and this kind of funding is imperative to bring these technologies to market. It's an exciting time for GreenCentre Canada as Forward Water is another successful result of the tireless work to help academic technologies reach the market. ” said Pete Pigott, Executive Director, GreenCentre Canada.
About Forward Water Technologies: Forward Water Technologies, a GreenCentre Canada spin-off company, is revolutionizing fresh water production through an inexpensive, low-energy desalination approach that uses switchable salt to purify water. This technology will allow for the economical treatment of highly saline and mineralized water that cannot be treated effectively today, including difficult-to-treat wastewater in the resource sector while providing a fresh-water stream that can be recycled into operations, leading to both a reduction in total water costs and environmental footprint.