LiqTech

We’re thrilled to announce that we’ve secured an order in North America for our LiqTech PureFlow™ Mobile Units. These units are a revolutionary solution for Water for Energy, tackling the most demanding water challenges in the energy sector. These units are purpose-built for the most demanding challenges: - Achieve 1–3 ppm oil in water—no pretreatment needed. - Up to 99% recovery rate with <1% waste. - Perfect for direct water reuse, desalination pretreatment, and brine pretreatment for DLE (Direct Lithium Extraction). Designed for efficiency, mobility, and reliability, the LiqTech PureFlow™ Mobile Units are ready to tackle the most complex water challenges in oil and gas. This milestone showcases the trust our Water for Energy technology has earned and underscores the growing demand for innovative, cost-effective solutions in the energy industry. Swipe through the information below or visit our website to see how LiqTech PureFlow™ Mobile Units continue to pioneer sustainable water treatment solutions for the energy sector. https://lnkd.in/d3GqKNJz #LiqTech #WaterFiltration #EnergyInnovation #ProducedWater #Sustainability #InvestorUpdate #WaterForEnergy

Direct Lithium Extraction (DLE) is an innovative method for extracting lithium from brine. For this process to be effective, the brine must be purified, which is where LiqTech’s expertise comes in. Read more about it below.

Thank you for your commitment Craig Steele and the team behind Barr + Wray!

We are excited to share that LiqTech’s commercial pool systems have officially achieved NSF certification! This certification reinforces our commitment to delivering high-quality, safe, and reliable water filtration solutions. Read more about our commercial pool filtration systems here: https://lnkd.in/dNkRPTdE

We are thrilled to announce that the LiqTech Commercial Pool SiC Filtration System has won the Product of the Year award AND the Innovative Product Award! A big thank you to our partner, Waterco Limited, for their outstanding representation!

We are thrilled to see great progress with this project that we are delivering to one of the Majors in the energy industry. Beneficial reuse of Produced Water in the Energy industry is a mega-challenge that LiqTech is committed to take on. Please contact David Nicolas Østedgaard-Munck if you want to learn more about how we can help you with reusing your produced water.

Our customers are truly amazed by the effectiveness and scalability of filtering Produced Water with LiqTech PureFlow systems using Silicon Carbide membranes. After successful operations in the US, we’re excited to bring this technology to the Middle East. Much more to come! #oilandgas #producedwater #filtration #LiqTech

We are thrilled to share this review from one of our esteemed partners! 🌟 Thank you for your kind words and endorsement of our innovative filtration technology. Interested in learning more about our cutting-edge aquatic filtration solutions? Check this: https://lnkd.in/eFV6YHSg #Waterco #LiqTech #LatestAquaticFiltrationTechnology

We just released 2023 annual report. I am excited to share that we have delivered solid financial results improving both our top and bottom line in what has been a transitional year for LiqTech focused on getting a new leadership team in place and implementing our new commercial strategy. Key achievements include: - We reached a total revenue of $18 million which corresponds to 13% YoY growth compared to 2022 - We achieved a gross margin of 15.4% compared to 3.5% in 2022 and lowered our operating expenses from $13.1 million in 2022 to $10.6 million in 2023.  - Our net loss was negative $(8.6) compared to $(14.2) in 2022 reflecting a significant milestone reached on our path to reach break-even. Over the last two weeks, we have also shared two important announcements that we have received orders for two containerized oil & gas produced pilot units. One of these is from Razorback Direct, our new partner in the U.S., while the other is from NESR in the Middle East, a partner we have been working with since 2022. I would like to take the opportunity to thank our customers, partners, investors and employees for their great contributions in 2023 and look very much forward to continued collaboration in 2024. Want a more detailed overview of our 2023 achievements and a strategic outlook? Please listen to the conference call we hosted earlier today 👉  https://lnkd.in/deiB_Nvm

🚀 We’re excited to share the announcement of a significant order from NESR, a leading provider of energy services in the Middle East. This order is for a containerized pilot unit that will be used at a customer site to demonstrate and document the efficiency of our ultrafiltration technology in treating oil & gas produced water to facilitate beneficial reuse. Longer term, the intention is to use the results from this pilot to design and implement full-scale commercial systems. NESR and LiqTech have been partners since November 2022 and since then we’ve been working towards commercializing our produced water treatment solution in the region. Once operational, the new pilot unit will become the second one to step into operation in the Middle East since another similar type of unit was deployed in May 2022 by a major oil & gas operator in the region. Interestingly, this system has been running smoothly for nearly two years now with over 99% of the feedwater passing through it being delivered back as clean brine suitable for reinjection. The quality of the clean brine exceeds the performance requirements originally defined by the end user. What’s more, the system has demonstrated excellent energy efficiency. Want to learn more? Find our release here: https://lnkd.in/dyc_Amkn