Sunday, March 1, 2009

AqWise wins EU Eureka grant to develop wastewater treatment system

AqWise, a Herzliya, Israel-based wastewater treatment company, has won a €2 million grant from the European Union Eureka R&D program.

The funds, to be shared with AqWise's Dutch partners Agriton B.V., Westt, Aquaexplorer, and Noordelijke Hogeschool Leeuwarden, will be used to develop a combined anaerobic and aerobic reactor system for treating wastewater

AqWise will develop a dynamic anaerobic aerobic reactor ("DANA") that will allow the integration of anaerobic and aerobic processes in one vertical configuration. Under the terms of the agreement, Aqwise will develop the system and its Dutch partners will integrate it.

The system is designed to help sewage treatment companies reduce the number of treatment tanks in a wastewater treatment plant.

Details of the grant are available here on the Eureka web site.

AqWise was founded by Eytan Levy and Ronen Shechter, now the CEO and CTO, respectively, of microbial fuel cell startup Emefcy.

Aqwise's investors include Israel Cleantech Ventures, Elron Electronic Industries Ltd., and Mexico-based steel company (and AqWise customer) AHMSA.

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