Las Virgenes Municipal Water District and OceanWell Pilot Innovative Subsea Water Farm Technology [Yahoo! Finance]
KUBOTA CORP ADR (KUBTY)
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Source: Yahoo! Finance
MENLO PARK, Calif. March 25, 2025 /PRNewswire/ -- OceanWell , a water technology company, and Las Virgenes Municipal Water District (LVMWD) launched a first-of-its-kind pilot to showcase OceanWell's fresh water harvesting system. The pilot is the next step in OceanWell's and LVMWD's partnership, first announced in 2023 , to prove the efficacy of OceanWell's proprietary submerged water filtration technology, and ultimately, provide a stable, scalable and climate-resilient source of water for a region that has been hard-hit by water shortages in recent years. OceanWell is developing deep-sea water farms that harness natural hydrostatic pressure at depths in excess of 400 meters (1,300 feet) to drive a high-pressure water purification method called reverse osmosis. Each purification pod will harvest up to one million gallons of fresh water daily from the ocean, and the modular design allows for scalable projects based on demand. This technology produces ultra-clean water by filtering
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