CAVITATION TECHS INC - CVAT STOCK NEWS

Cavitation Technologies, Inc. (CVAT) announced the receipt of two purchase orders for its low-pressure Nano Reactor® System from a biodiesel facility in Colombia, aiming for a production capacity of 400 metric tons per day. This is the company's third installation in Colombia, where biodiesel production has surged significantly, rising from 13.5 million gallons in 2009 to 297.3 million gallons in 2020. CVAT's technology enhances biodiesel quality from low-grade feedstock, offering advantages like reduced operating expenses and environmental impact. The company’s patented systems aim to lower chemical use by up to 90% in oil refining processes, ensuring improved product quality and extended shelf life.

Cavitation Technologies, Inc. (CVAT) is excited to announce a new partnership with Proppant Tech Services, LLC, to address water management challenges in the fracking industry. With fracking operations consuming between 600,000 to 2,500,000 gallons of water, the collaboration aims to implement innovative solutions for reusing treated wastewater. This aligns with the growing demand for sustainable practices in oil and gas operations, particularly as the global frac sand market is set to reach $11.4 billion by 2028, primarily in North America. CTi's technology is expected to enhance efficiency and sustainability in frac sand facilities, promoting water recycling and resource recovery.

Cavitation Technologies, Inc. (CVAT) has announced an update on its patented technology for sulfur removal from bunker fuel, crude oil, and frack water. The technology avoids chemical additives, aiming to produce cleaner fuels with lower sulfur content, thereby reducing harmful emissions. This innovation is particularly timely as the oil and gas industry faces pressure to lower sulfur dioxide emissions, which accounted for 13% of total SO2 emissions in the U.S. in 2020. The company is in discussions for large-scale commercialization of this technology, which supports its commitment to sustainable energy solutions.

Cavitation Technologies, Inc. (CVAT) reported a positive turnaround in its financial health, achieving over $1 million in shareholder equity as of June 30, 2022, up from a $411 thousand deficit the previous year. The company tripled its revenue from $558,000 in 2021 to $1,665,000 in 2022, with expectations for continued growth in 2023. CTi's proprietary technologies, such as Nano Neutralization® and the Nano Reactor®, are designed to enhance fluid processing while reducing environmental impact. Strategic partnerships and joint ventures, including with Desmet Ballestra, further support CTi's market expansion efforts.

Cavitation Technologies, Inc. (OTCQB: CVAT) announced the appointment of James W. Creamer III as Chief Financial Officer, effective October 21, 2022. Creamer brings extensive experience from various publicly traded companies and has served as the Principal of Corporate Solution Advisors since 2011. His background includes investment banking and leadership roles in finance. CEO Neil Voloshin expressed confidence that Creamer's expertise will significantly benefit the company's growth strategy during this critical period. CTi specializes in innovative fluid processing technologies.

Cavitation Technologies, Inc. (CVAT) announced the sale of two LPN Nano Reactor™ systems to a soybean oil refinery in India, marking the 11th deployment of these systems in the country. The soy oil market, which accounts for 29.6% of the global vegetable oils market, is experiencing increased demand, particularly in Asia-Pacific due to rising consumer purchasing power. The LPN technology enhances oil refining processes, reducing operational costs and environmental impact. The company aims to continue expanding its market presence, particularly in renewable fuel sectors.

Cavitation Technologies, Inc. (CVAT) announced the sale of two Nano Reactor® Systems for a soybean oil refinery in India. This marks the company's 10th system sale in India and the 16th in Southeast Asia. The technology aims to enhance vegetable oil refining, reducing environmental impact and operating costs significantly while improving oil quality. The LPN system can handle approximately 900 metric tons per day. The shipment is anticipated to complete within the current quarter, reflecting CTi's commitment to addressing global food supply challenges through innovative solutions.

Cavitation Technologies, Inc. (OTCQB: CVAT) announced the addition of Jonathan Severn to its Advisory Board to address water treatment needs in Southern California due to ongoing drought issues. CEO Neil Voloshin emphasized Severn's leadership in tackling water shortages impacting agriculture and communities. Severn highlighted the potential of CTi's eco-friendly technology for treating produced water. The company, founded in 2007, specializes in innovative fluid processing technologies and holds over 40 patents.

Cavitation Technologies, Inc. (CVAT) has received a purchase order for its low-pressure Nano Reactor® System from Desmet Ballestra for a client in Mexico, marking its ninth order this quarter. This technology is aimed at enhancing vegetable oil refining processes, reducing chemical usage, and improving oil yield by over 0.5%, with some cases exceeding 3%. The rise in vegetable oil prices has prompted the need for sustainable refining methods. The company plans to expand its eco-friendly technology to various sectors, including food and beverage and pharmaceuticals.