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Altela
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Short description

Provider of Fluid Waste Reduction, Waste-to-Asset, and Desalination and Remediation technology/services using waste heat and alternative energy sources

Founded in 2005
Founded in

Company type Out of Business Public ()
Company type

Industry Group resources & environmental management

Sector water

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Albuquerque, NM Albuquerque, United States
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Updated by Steven Cummings at Altela, Inc. on 05/19/2015

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Date Company
08/31/2011

Clean Streams Clean Streams

Altela is treating 100,000 gallons a day of frac water to better than drinking water standards at Clean Streams, a plant in Pennsylvania.

Confirmed by Clean Streams

Partnerships
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Date Partner Type
03/12/2013
Casella Waste Systems Casella Waste Systems
Casella has formed a joint venture with Altela to manage wastewater from hydraulic fracturing for oil and gas.
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Confirmed by Casella Waste Systems
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IPO INFORMATION

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Description

Date Investors Type Amount
10/09/2007 CCS Income Trust CCS Income Trust (1)
Post-money valuation of
Series A $7,100,000
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