Aquaback Technologies develops patented, energy-efficient wastewater treatment systems that use standardized distillers to recycle the heat of vaporization. The company says this approach lowers the cost of recycling wastewater and can produce clean distilled water for less than most consumers pay for potable water while eliminating contamination from wastewater disposal. Its distillers can be deployed in small decentralized treatment uses or in large utility-scale installations. Target market applications include industrial wastewater treatment and recycling, point-of-entry safe water supply, recycling contaminated source water for direct potable use, advanced treatment by water utilities to remove emerging contaminants, production of distilled water as feed water for electrolyzers to produce green hydrogen, and advanced treatment of septic and sewage to mitigate nitrogen pollution. Aquaback is led by President and CEO Scott C. Newquist. The company has secured financing from an investor to support a planned public listing.

Total raised

$110M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023