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WPUR Delivers Clean Water Supply To Dairy Operation In Africa In Pilot Water Technology Innovation Project

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WaterPure International (OTC Pink: WPUR) has unveiled a new business plan aimed at enhancing clean water operations, particularly in developing markets. The company reported that the renewable water market is set to grow from $263 billion in 2020 to $500 billion by 2028. A pilot project is now operational in Sub Sahara Africa, alongside plans for intellectual property acquisition. Additionally, discussions are underway with Alkame Holdings to develop emergency water reserve solutions for disaster relief. Water scarcity is a growing global concern, impacting over 3 billion people today.

Positive
  • Renewable water market projected to grow from $263 billion to $500 billion by 2028.
  • Successful pilot project operational in Sub Sahara Africa, enhancing clean water supply.
  • Plans for intellectual property acquisition to bolster water management technologies.
  • Collaborations with Alkame Holdings for disaster relief solutions.
Negative
  • Dependence on trialing technologies in developing markets carries inherent risks.
  • Possible competition from companies with greater financial resources.

Dallas, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) -- WaterPure International, Inc. (OTC Pink: WPUR) has updated its clean water operations and is currently featuring an example of its new business plan to trial and refine new clean water efficiencies and technologies in developing economic markets to be subsequently scaled for all global markets.

The renewable water market was valued at an estimated value of over $263 billion in 2020 anticipated to grow to $500 billion by 2028.

The company has just launched a new website that presents the company’s updated business plan implemented earlier this year to continue in the development of clean water operations. 

The website includes details on the company’s first pilot project fully developed and now in operation to include a short video of the company drilling for and striking water in the development of a well to support a dairy operation in Sub Sahara Africa.

Water scarcity today impacts over 3 billion people and by 2050 is expected to impact 5 billion.

Water scarcity is not just a problem for developing economic regions.  This past summer, Federal Authorities in the U.S. declared a water shortage in the largest U.S. water reserve, Lake Mead, which serves 10 million residents.

In conjunction with the company’s business plan to trial and refine new water management efficiencies and technologies within developing economic regions and then scale those solutions for global applications, the company expects to make a water related intellectual property acquisition prior to the end of the year.

Separately, the company has been in discussions with Alkame Holdings, Inc. (OTC Pink: ALKM) about developing an emergency water reserve solution for disaster relief events in developing economic regions.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact:
Sean Mathis
info@wpurinc.com
972-918-5256

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FAQ

What is WaterPure International's recent business update?

WaterPure International updated its clean water operations and launched a new business plan focusing on trials in developing markets.

What is the projected growth of the renewable water market?

The renewable water market is expected to grow from approximately $263 billion in 2020 to $500 billion by 2028.

What pilot project has WPUR implemented?

WPUR has launched a pilot project in Sub Sahara Africa to drill for water for a dairy operation.

Who is WaterPure discussing collaborations with?

WaterPure is in discussions with Alkame Holdings to develop emergency water reserve solutions for disaster relief.

How many people are affected by water scarcity today?

Today, over 3 billion people are impacted by water scarcity.

What risks does WaterPure face regarding its business plan?

WaterPure faces risks related to reliance on new technologies and competition from better-funded companies.

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