Smart Sponge Taking Market by Storm
Published on by Water Network Research, Official research team of The Water Network in Technology
Comments welcome , what do group members think about this technology?
For decades, stormwater runoff has been identified as one of the leading sources of pollutants to the environment. As rainwater falls into developed urban areas, the initial flush of contaminants from dryland is transported via runoff to the nearest body of water. With it carries a mix of toxic chemicals, vehicle emissions, disease-causing pathogens, and more. It hasn't been until recently that the EPA and government bodies started addressing this crisis with more urgency.
Local municipalities across the country are now figuring out various ways to help fund proper stormwater treatment, investing anywhere from hundreds of millions to multi-billions of dollars to improve their infrastructure to meet environmental standards.
One company that's been ahead of the curve on this trend is AbTech Holdings, Inc. (ABHD) , whose Smart Sponge® technology provides a cost-effective and scalable solution that is easily integrated into existing infrastructure. The company has already announced multiple ongoing projects that could serve as an inflection point to its growth trajectory and market adoption. While the company has significant inroads into the stormwater space, it's also well positioned to capitalize on demands from the oil and gas market, especially with the growth in hydraulic fracturing (fracking), as well as industrial wastewater treatment.
Attached link
http://www.youtube.com/embed/uyFWpOBveAATaxonomy
- Treatment
- Storm Water Management