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Umbra Applied Technologies Group, Inc. (UATG) is a cutting-edge technology company with a strong focus on alternative energy, medical innovations, arms, and compound recognition technologies. The company recently secured a strategic growth partner to support its subsidiary, H2O Processing, in producing iron mitigation systems for crude oil. This partnership will enable the production of innovative systems that remove metal ions from crude oil, benefiting oil producers by improving production efficiency and enabling the sale of iron-laden crude oil to the pipeline. The company's commitment to growth and innovation positions it for success in the future.
Umbra Applied Technologies Group's subsidiary, H2O Processing, announced a new testing and calibration system aimed at enhancing metal ion removal in crude oil. This proprietary system will be deployed in South Texas, with the first unit expected within weeks. The technology addresses issues arising from high metal ion content in crude oil, which can lead to financial penalties for producers. H2O Processing plans to deliver full-scale mobile systems soon, aiming to improve operational efficiency and reduce delivery times for oil producers.
Umbra Applied Technologies Group (OTC Pink UATG) announced the launch of a new premium revitalizing eye gel under its subsidiary, The Dreaming Company. The Hygieia Eye Gel aims to combat under-eye puffiness and signs of aging, made with high-quality ingredients and paraben-free. The product is designed to enhance collagen production and skin barrier function, promising visible results in a few applications. The eye gel will be available online before the 2022 holiday season, aiming to capitalize on a growing market projected to exceed $36 billion by 2030.
Umbra Applied Technologies Group (UATG) announced that its subsidiary, Ossifix Orthopedics, will exclusively supply allograft bone pins to surgical centers in San Antonio and Houston, starting with the Javelin bone pin implant in mid-August. The Javelin pin, made from high-density, allograft cortical bone, offers enhanced fixation without slippage. With no regulatory approval required, Ossifix is poised for minimal market entry barriers. The company aims for global distribution, targeting a market projected to reach $4.696 billion this year, growing at 14% annually.
Umbra Applied Technologies Group (UATG) announced the launch of a new premium bedding line, Hygieia Sleep, through its subsidiary The Dreaming Company. This innovative product aims to enhance sleep quality and skin health, leveraging an existing customer base of over 50,000. The sheets are crafted from high-quality 90 GSM microfiber, offering breathability and a hypoallergenic design. Hygieia Sleep will be available online for the 2022 holiday season, with additional products rolling out over the next 18 months.
Umbra Applied Technologies Group (UATG) announced the launch of a new product by its subsidiary, Ossifix Orthopedics, set for August. The product aims to enhance revenues, with projections estimating a 20% increase. Ossifix's Demineralized Bone Matrix (DBM), made from 100% human bone tissue, is engineered for superior surgical outcomes. CEO Mark Estrada forecasts an additional $1.1M in sales related to 1,922 cases this year. The global resorbable implant market is expected to grow 14% annually, reaching $4.696 billion in sales by year-end.
Umbra Applied Technologies Group's (UATG) subsidiary, H2O Processing, has successfully tested a new crude oil treatment technology. This innovation not only reduces metal ion particulate but also lowers oil refining costs and minimizes the environmental impact of refineries. CEO remarks highlight potential reductions in refinery penalties and operational costs, enhancing profit margins for oil producers. The technology addresses challenges in processing crude oil, particularly regarding metal contaminants, and is designed to incentivize greener practices in the oil industry. A mobile version is expected to be delivered within 90 days.
Umbra Applied Technologies Group's subsidiary, H2O Processing, has acquired Nathaniel Energy, which specializes in waste-to-energy technology. The acquisition emphasizes H2O's commitment to green initiatives and expands their intellectual property portfolio. Nathaniel's systems have been successfully installed across the U.S., converting various waste types into usable energy and reducing environmental impacts. H2O plans to leverage this technology to enhance its water treatment systems and aims for zero emissions across multiple market segments.
Umbra Applied Technologies Group (UATG) is finalizing the acquisition of Nathaniel Energy, enhancing its clean energy solutions. This strategic move follows UATG's earlier purchase of H2O Processing, aiming to provide a comprehensive service for municipalities tackling clean water and energy demands. Nathaniel Energy specializes in waste-to-energy systems that convert solid waste, including used tires, into usable energy, addressing environmental concerns while offering economic benefits. The integration of these technologies is expected to lower costs for municipalities and promote renewable energy solutions.
Umbra Applied Technologies Group (OTC Pink: UATG) has announced that its subsidiary, Ossifix Orthopedics, has commenced full-scale production of the Javelin fixation pin. CEO Mark Estrada indicated plans to manufacture an average of 2,000 units monthly, aiming for a revenue projection of $4.6 million to $6.2 million by year-end. Ossifix engineers and manufactures allograft bone implants for various surgical markets, with a focus on resorbable technology. The global resorbable implant market is growing at 14% annually, expected to reach $4.696 billion this year.
Umbra Applied Technologies Group's subsidiary, H2O Processing, will showcase its advanced water treatment technology at the Annual Oilfield Water Markets Conference in Dallas on March 10-11, 2022. The demonstration will feature a customized unit aimed at attracting interest in larger systems priced between $1.8M and $2.5M. H2O Processing, expanding its portfolio of mobile water treatment solutions, aims to address industry challenges like heavy metals removal from drill site water. This event will gather over 300 industry leaders for networking and knowledge sharing.
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