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WPUR Forecasts Recurring REV Serving Combined $100 Billion EV And Water Sectors

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WaterPure International (OTC Pink: WPUR) anticipates launching a recurring revenue model in 2022, focusing on the electric utilities sector, particularly in electric vehicle (EV) charging and water technology markets, with combined values exceeding $100 billion. The company has updated its clean water operations and implemented a pilot project in Sub-Sahara Africa. WPUR is negotiating acquisitions for innovative EV charging solutions and aims to finalize a strategic water technology acquisition by the end of 2021. Significant revenue growth is expected as these initiatives unfold.

Positive
  • Forecasting a recurring revenue model in 2022 focusing on electric utilities and water technology.
  • Pilot project for clean water established in Sub-Sahara Africa.
  • Negotiations for acquiring innovative off-grid EV charging technology.
  • Potential for significant revenue growth from combined market values exceeding $100 billion.
Negative
  • None.

Dallas, Texas, Nov. 17, 2021 (GLOBE NEWSWIRE) -- WaterPure International, Inc. (OTC Pink: WPUR) today announced the company is forecasting a recurring revenue model to begin generating and rapidly expanding revenue next year in 2022 by providing services in the electric utilities sector with an emphasis on the electric vehicle (EV) charging subsector, and the water technology sector with combined market values over $100 billion.

WPUR recently updated its decade old clean water operations and begun to trial new water delivery efficiencies and technologies in developing economic markets to be subsequently scaled for all global markets.

WPUR also recently revealed plans to add the electric utilities market with a focus on electric vehicle charging to its current water utilities operations.

WPUR has revealed a pilot clean water project already implemented and operating at a dairy operation in Sub Sarah Africa.

WPUR has also recently announced entering into an agreement to provide an electric vehicle (EV) charging solution for a special purpose electric vehicle operation in Sub-Sahara Africa. 

The market for water technology products and services purchased by water utility companies is over $64 billion expected to reach $83 billion by 2023.

The global electric vehicle charging market was valued at $10 billion in 2020 expected to grow to $27 billion by 2027.

WPUR recently announced the company is on track to make a strategic water technology acquisition prior to the end of this year, 2021.

WPUR also recently confirmed the company is in negotiations to acquire an innovative, off grid, EV charging technology solution. 

EV charging and water technology have combined market values over $100 billion.  WPUR is implementing a strategy to establish a recurring revenue model serving both.

Look for key updates with additional details on WPUR’s pending acquisitions and contracts coming soon.

To learn more, visit https://www.wpurinc.com/.

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


FAQ

What is WaterPure International's stock symbol?

WaterPure International's stock symbol is WPUR.

What sectors is WPUR focusing on for revenue growth?

WPUR is focusing on the electric utilities sector, particularly the electric vehicle (EV) charging market and water technology.

When is WPUR expecting to implement its recurring revenue model?

WPUR is forecasting to implement its recurring revenue model in 2022.

Where is WPUR conducting its pilot clean water project?

WPUR's pilot clean water project is operational in Sub-Sahara Africa.

What is the expected market value of water technology services by 2023?

The market value of water technology services is expected to reach $83 billion by 2023.

What is the projected growth of the EV charging market by 2027?

The global electric vehicle charging market is expected to grow from $10 billion in 2020 to $27 billion by 2027.

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