- The U.S. National Stage patent application is part of the company’s strategic initiative to secure its intellectual property on a global scale
- EAWD is not just aiming to become integral to this expanding industry, but also to reassure stakeholders of its environmental responsibility and commitment to sustainability, tapping into the world’s emerging markets
- The patent revolutionizes water resource management by harnessing renewable energy to extract water directly from atmospheric humidity
- The company aims to provide sustainable value to each project while generating revenue by selling its systems and licensing its technologies, along with associated engineering and project management services
Energy and Water Development (OTCQB: EAWD), a green-tech engineering solutions company focused on delivering water and energy to extreme environments, such as water sourcing independent from groundwater that doesn’t require energy from the grid, recently announced the filing of its U.S. National Stage application under 35 USC 371, application number 18/688,661. This application is part of the company’s strategic initiative to secure its intellectual property on a global scale. The application builds on the PCT/EP2021/074299 international application and aligns with filings in key markets, including Canada, Mexico, Brazil, and Colombia (https://ibn.fm/SY8QS).
EAWD, a company deeply committed to the water and energy sectors, prioritizes three key areas: generation, supply, and maintenance. The green tech industry is dynamic, with long-term demand growth driven by increasing water scarcity and energy requirements worldwide. By crafting sustainable solutions to these challenges, EAWD is not just aiming to become integral to this expanding industry, but also to reassure stakeholders of its environmental responsibility and commitment to sustainability, tapping into emerging markets.
The patent describes a groundbreaking technology: the Self-Sufficient Energy Supplied System for Generating Atmospheric Water which revolutionizes water resource management by harnessing renewable energy to efficiently extract water from atmospheric humidity. This innovative system offers a sustainable solution to traditional water sources, particularly vital for regions facing water scarcity and grid challenges.
MSc Irma Velazquez, CEO of EAWD, emphasized the importance of the U.S. filing, saying that the application under 35 USC 371 marks a significant milestone in the company’s commitment to protecting its innovative technology and enhancing its operational footprint globally. “This system is set to revolutionize the way we access clean water, particularly in water-stressed areas, aligning perfectly with our mission of sustainability and technological advancement.”
The global green technology and sustainability market was valued at $10.32 billion in 2020, and is projected to reach $74.64 billion by 2030, growing at a CAGR of 21.9% during the forecast period. The market is expected to grow due to the surge in environmental awareness and increased global warming concerns among organizations and individuals. There has also been a rise in favorable government and private initiatives to tackle climate change and air pollution, providing more opportunities in the market (https://ibn.fm/PBV0U).
EAWD’s strategy is not just about its own success, but also about aiding businesses by ensuring efficient, profitable, and sustainable water and energy supply and generation. This approach enables clients to concentrate on their core operations while embracing sustainability. Through cutting-edge technology provided by EAWD and its partners, clients can optimize their operations while meeting industry water and energy usage regulations, thereby feeling the value and relevance of EAWD to their operations.
EAWD’s business objectives revolve around self-sufficient energy-supplied water generation and green energy production in response to global demand. This involves establishing a green tech platform to commercialize its technologies and offer engineering and technical consultancy services for sustainable solutions.
By filing this patent application to protect its intellectual property, EAWD asserts its leading role in the water solutions industry, bringing fresh prospects for global sustainable development. The company aims to provide sustainable value to each project while generating revenue by selling its systems, licensing its technologies, and offering critical engineering and project management services.
For more information, visit the company’s website at www.Energy-Water.com.
NOTE TO INVESTORS: The latest news and updates relating to EAWD are available in the company’s newsroom at http://ibn.fm/EAWD
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