Rainmaker Worldwide Signs Water-as-a-Service Agreement with Jamaica's Northern Caribbean University
June 23 2020 - 8:23AM
InvestorsHub NewsWire
Innovative Air-to-Water
technology to supply up to 5,000 liters of drinking water per day
to Jamaica’s NCU
Peterborough, CA -- June 23, 2020 -- InvestorsHub NewsWire --
Rainmaker Worldwide Inc. (RAKR)
announced the signing of a Water-as-a-Service (WaaS) agreement with
Jamaica’s Northern Caribbean University (NCU). Rainmaker will
supply up to 5,000 liters of water per day for 3 years through
their established Air-to-Water technology.
Harvesting fresh water from airborne humidity with zero chemicals,
Rainmaker’s Air-to-Water innovation offers NCU a cost-effective and
sustainable solution to one of the institution’s most perplexing
issues — drought and water scarcity. Rainmaker’s decentralized and
hybrid grid / solar-powered AW-GS25 unit will be installed at the
cafeteria on main campus in Mandeville, located 100 kilometers west
of Kingston.
NCU is an esteemed academic community of 5,000 students, faculty
and staff with its main Mandeville campus nestled in Jamaica’s
mountainous parish of Manchester. The university is faced with the
challenge of acquiring a reliable clean water supply, which has
been attempted through rainwater collection and other conservation
methods to-date.
NCU President Dr. Lincoln Edwards commented, “Due to lengthy
seasonal droughts with unpredictable rainfall, we began searching
for alternative solutions to supply our campus with consistent,
high-quality drinking water. With NCU’s elevation more than 600
meters above sea level, we cannot easily access seawater to
desalinate. Rainmaker’s Air-to-Water technology and
Water-as-a-Service platform is the ideal approach to provide clean
water with zero carbon footprint.”
Rainmaker’s patented AW technology is the ideal solution where
no water exists. With absolutely no feedwater, expensive piping or
truck transport required, AW’s compact and scalable units are
distributed directly to consumption site. At a cost competitive
over other existing technologies, AW units can be powered by solar,
wind, or grid electricity, or a combination, and produce up to
20,000 liters of water per unit, per day.
Rainmaker CEO Michael Skinner stated, “This WaaS agreement with
NCU is an exciting milestone after a decade of R&D and product
testing. Our Air-to-Water technology is ready to disrupt the water
industry’s traditional methods and bring invaluable benefits to our
customers. NCU will now have access to a reliable, affordable and
sustainable water source of the highest standard.”
Rainmaker also specializes in decentralized Water-to-Water technology,
transforming seawater, brackish or polluted water into drinking
water using Thermal Membrane Distillation, producing up to 150,000
liters per unit, per day.
About Rainmaker Worldwide
Rainmaker Worldwide Inc. (RAKR)
is a leader in technology for the production of clean, affordable
water. Headquartered in Peterborough, Canada, with an
innovation and manufacturing center in Rotterdam, Netherlands, the
Company’s patented water technology provides economical drinking
water at scale wherever it’s needed. Rainmaker’s goal is to
be a global leader in solving the worldwide water crisis. For
more information about Rainmaker, visit www.rainmakerww.com.
Forward-looking Statements
Certain matters discussed in this announcement contain
statements, estimates and projections about the growth of
Rainmaker’s business, potential distribution partnerships and/or
clients, and related business strategy. Such statements, estimates
and projections may constitute forward-looking statements within
the meaning of the federal securities laws. Factors or events that
could cause our actual results to differ may emerge from
time-to-time. Rainmaker’s undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. The
recipient of this information is cautioned not to place undue
reliance on forward-looking statements.
Investor Contacts
Rainmaker Worldwide Inc.
Michael Skinner, CEO
+1 (705) 201-1020
info@rainmakerww.com
The Blueshirt Group:
Whitney Kukulka, Managing Director
+1 (415) 489-2188
investors@rainmakerww.com
Rainmaker Worldwide (PK) (USOTC:RAKR)
Historical Stock Chart
From Nov 2024 to Dec 2024
Rainmaker Worldwide (PK) (USOTC:RAKR)
Historical Stock Chart
From Dec 2023 to Dec 2024