Desalitech secures equity investment from Liberation Capital

Desalitech, a provider of advanced water treatment solutions and technology, has received a $6.25m equity investment from Liberation Capital.

The company will use the total investment to expand its business and working capital, and will also receive considerable project finance capital from Liberation.

Desalitech is currently exploiting next-generation reverse osmosis (RO) water treatment solutions and is hoping to expand this business.

Desalitech executive vice president Rick Stover said, "Desalitech is now prepared to recruit top performers and become a major provider of high-recovery and water reuse solutions in North America and around the world."

The firm’s closed circuit desalination (CCD) technology is designed to achieve high recoveries in problematic water sources, and reduce desalination costs by 20%.

The technology has been productised as packaged-plant solutions for industrial and municipal water supply and wastewater treatment applications.

It comprises of industry-standard reverse osmosis membranes and equipment and can be readily retrofitted into existing RO facilities.