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Cavitation Technologies, Inc. (CTi), listed as CVAT on OTC, is a green-tech company established in 2006. They aim to be a global leader in developing and licensing innovative technologies for various industries including biodiesel, renewable fuel, water treatment, and more. CTi's technology is based on hydrodynamic cavitation reactors, offering cost-effective and efficient solutions for industrial processes.
The company recently announced a partnership with Sistema Municipal de Agua Potable y Alcantarillado de Chapala for water remediation processes, showcasing their commitment to sustainable solutions. CTi has also made significant advancements with their Plasma-Based Cavitation system for water purification, addressing global water challenges effectively.
With a focus on sustainability, CTi continues to expand its reach, with partnerships like Desmet Ballestra Group for innovative technologies in edible oil refining and biodiesel production. Their cutting-edge Nano Reactor systems are revolutionizing the industry with enhanced performance and reduced environmental impact.
Cavitation Technologies (CVAT) provides a corporate update highlighting key developments and strategic moves. The company completed a significant transaction with Desmet Group, selling certain intellectual property rights related to vegetable oil refining for approximately $1.1 million in cash and $400,000 in debt forgiveness. Despite market challenges reducing company valuation to $3 million in 2024, CVAT retained important licenses for water treatment and alcoholic beverage applications. The company is advancing its water treatment operations in the Permian Basin and agricultural sector, while developing new HydroPlasma technology for enhanced water treatment efficiency. CVAT continues its partnership with Alchemy Beverages for the Barmuze appliance development and alcoholic beverage enhancement.
Cavitation Technologies, Inc. (CVAT) has entered into an agreement with Desmet Belgium S.A. to monetize certain patents and intellectual property related to vegetable oil, fats, and oleo applications. CTi will assign and transfer several U.S. and non-U.S. patents and two trademark registrations to Desmet. However, CTi will retain exclusive, worldwide licenses for using the assigned patents in water and wastewater processing and alcoholic beverage manufacturing.
The agreement allows CTi to monetize IP rights already licensed to Desmet while maintaining rights for its primary business lines. This transaction is expected to generate substantial capital for CTi without shareholder dilution, supporting current business plans. The deal is anticipated to be completed within ten days.
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