WPUR Announces Pending Acquisition and Entry Into $64 Billion Water Technology Market
November 05 2021 - 9:30AM
InvestorsHub NewsWire
Dallas, TX -- November 5, 2021 --
InvestorsHub NewsWire -- WaterPure International, Inc. today
announced the company is on track to make a strategic water
technology acquisition prior to the end of this year,
2021.
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 overall renewable water market was
valued at an estimated value of over $263
billion in
2020 anticipated to grow to $500 billion by
2028.
WPUR has recently updated its clean water
operations and has already begun to trial new water delivery
efficiencies and technologies in developing economic markets to be
subsequently scaled for all global
markets.
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.
Look for more details coming soon on the
pending water technology
acquisition.
Separately, the company has been in
discussions with Alkame Holdings, Inc. (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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