Aqwise moves to drinking water treatment

The company is collaborating on a pilot with Mekorot for the treatment of nitrates in drinking water.

Sewage treatment solutions start-up Aqwise Ltd. has signed a cooperation agreement with Mekorot National Water Company for the implementation of Aqwise's advanced biological technology for the treatment of nitrates in drinking water.

Aqwise will install its technology at a well in the Rishon LeZion area, where nitrate concentrations exceed the permitted standard. This will be a commercial pilot for the company, and CEO Elad Frenkel believes that when it is completed in late 2009, the company will have a product ready for market.

This is a two-fold achievement for Aqwise. First, this is its first agreement with Mekorot, and pilots at Mekorot facilities and reliance on its worldwide connections can serve as an important springboard for future business for Aqwise. Second, until now, Aqwise has only developed sewage treatment solutions, whereas now it is starting to apply the same proprietary technology, Attached Growth Airline Reactor (AGAR), for the treatment of drinking water.

The agreement was signed with Mekorot's WaTech - Entrepreneurship & Partnership Center for Water Technologies.

Mekorot CEO Ido Rosilio said, "The collaboration with Aqwise will help Mekorot find an effective and environmentally friendly solution for treating contaminants in drinking water. This solution can help return tens of thousands of cubic meters of clean water to Israel's water reservoirs."

Aqwise is a portfolio company of IDB Holding Corp. Ltd. (TASE:IDBH) technology holding unit Elron Electronic Industries Ltd. (Nasdaq: ELRN; TASE: ELRN).

Published by Globes [online], Israel business news - - on March 23, 2009

© Copyright of Globes Publisher Itonut (1983) Ltd. 2009

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