Tuesday 18 June 2013
June 17, 2013 BioLargo, Inc. today announced the formation of BioLargo Water, Inc. (www.BioLargoWater.com), a wholly owned subsidiary formed to showcase the company’s “advanced oxidation systems,” including its new AOS Filter, a product in development specifically designed to eliminate common, troublesome, and dangerous (toxic) contaminates in water in a fraction of the time of current technologies.
“Our AOS Filter should have an important role to play in most of this industry’s segments, including oil and gas, refining and petrochemicals, power generation, food and beverage, pharmaceuticals, microelectronics, pulp and paper, and mining. It could serve as a platform to build an integrated water company featuring technology, licensing, engineering and services. While there is much work to do, we are excited about the significant opportunities ahead.”
Kenneth Reay Code, BioLargo Chief Science Officer and inventor of the BioLargo® AOS Filter, added “Many industry segments, like energy and industrial process water systems, use extremely high volumes of water in their daily business activity. Often, tiny organic molecules, including soluble contaminants, are problematic for these types of water uses. We also know that many industry segments require ultra pure water. These industries need a treatment system that can manage high volumes of water with constant process performance and a high level of efficiency that is sustainable in term of safety and cost. With our AOS Filter, have been able to prove a level of performance in which our system dismantles organic contaminants to their basic molecular forms in minutes, rendering them safe. Other systems can take years, as in the case of settling ponds, or hours for other advanced oxidation technologies like UV and Ozone.
The company cautions that this market is highly competitive and dominated by global companies that have far greater capital, sales and expertise with established market share. To compete in this market, the company will require substantial resources that are currently not available. Further, its products will require regulatory approvals to market the AOS Filter with these claims. To seek regulatory approval, the new subsidiary will require investment capital to complete product development, build prototype products, complete testing, and make such applications.