KETOS, a water intelligence innovator, today announced it has closed a $9 million Series A round of financing from a powerful collection of traditional venture capitalists, impact investors and industry leaders.
Utilis and their leak survey method was welcomed by the Ministry of Public Utilities in Trinidad and Tobago in January. The island nations are moving into their dry season and the Ministry has contracted with Utilis to provide its patented technology to identify sub-surface leaks in the municipal water distribution system.
Itron, Inc. which is innovating the way utilities and cities manage energy and water, signed a contract with the City of Waco, Texas to install Itron’s OpenWay Riva IoT solution, including smart water communication modules and leak sensors, to reduce water loss and improve water delivery for the utility’s nearly 45,000 customers.
Global pumps leader Grundfos and the Ministry of Industry & Handicraft, Cambodia recently confirmed that they will exchange a Letter of Intent to strengthen cooperation in water management, in an effort to reduce the cost of water and increase access to clean, quality water in the country.
Flint, MI has taken a step towards ensuring the stability of their water system by partnering with Utilis in the fall of 2018 to locate leaks in their potable systems. This along with other city initiatives such as FAST START, are helping Flint regain their reputation as water conservation and quality leaders.
Utilis will host their second Innovation Summit in San Diego, bringing together water industry professionals from around the world to talk about satellite leak detection from November 26-28th at the Hilton San Diego Bayfront Hotel.
TaKaDu announced recently that Brisbane Airport Corporation (BAC) is deploying TaKaDu’s Central Event Management solution to improve the efficiency of its water network operations and reduce water loss.
Mueller Water Products, Inc. recently announced that it has signed a definitive agreement to acquire Krausz Industries, Ltd., a manufacturer of pipe couplings, grips and clamps, for $140M in cash.
Anglian Water has awarded one of the first framework contracts of AMP7 to leak detection specialist Primayer. The £40M agreement for leak detection products has been awarded jointly to 10 suppliers and will ensure the utility has access to as wide a selection of equipment as possible.
According to the American Society of Civil Engineers’ report card on America’s infrastructure, leaking pipes lose an estimated six billion gallons of clean drinking water per day, and 240,000 water main breaks occur each year.
|
|
|
|
|
|
|
|
|