Ambient Water Receives an Order to Purchase Ambient Water 20K Atmospheric Water Generation Systems
August 14, 2017 at 04:30 pm EDT
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Ambient Water announced that it has received an order to purchase one of the company’s Ambient Water 20K atmospheric water generation systems, branded as Next Generation Water Generator (NGWG 76000) in the Middle East market, for approximately $1 million. The purchase order was received through Next Generation Oilfield Equipment Trading LLC. The company will begin manufacturing of the 20K unit immediately and anticipates shipment to the buyer in approximately 20 weeks. The equipment will be manufactured by Applied Cryo Technologies in Houston, Texas, who also manufactured the company’s AW800 system that has been demonstrated to multiple parties from around the world. The approximately $1 million purchase price for the water generation system will be made by an irrevocable Letter of Credit with milestones for payment upon shipping, installation, and verification of operation. Additional orders are anticipated once the 20K has demonstrated its effectiveness in the region where it will be installed.
Dr Foods Inc is a Japan-based company mainly engaged in the import, sale, research, development and manufacturer of various food products. The Company is engaged in the provision of alternative foie gras, the development of plant-based products using microalgae, as well as the development of additional new alternate meat products jointly with Next Meats Co., Ltd. The Company is also engaged in the planning and management of events for advertising and public relations (PR) activities, the provision of consulting services, and the trading business.