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CASTion Corporation
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Short description

Developer of zero-discharge wastewater treatment and process chemistry recovery systems

Founded in 1984
Founded in

Company type Acquired Public ()
Company type

Industry Group waste & recycling

Sector wastewater

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 Worcester, MA Worcester, United States
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Updated by Cleantech Group on 10/05/2020

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  • 1 M&A items
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Date Company

City of New York City of New York

CASTion won a $27.1M contract with the City of New York to provide a cost effective method of achieving compliance at its 26th Ward WWTP.

Confirmed by City of New York

Partnerships
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Date Partner Type
07/18/2013
STW Resources STW Resources
CASTion and STW Resources have partnered to complete a successful pilot test of TurboFrac produced water recycling system, which has reduced the total dissolved solids in potable water.
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Confirmed by STW Resources
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IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

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Source

Description

Date Investors Type Amount
06/30/2002 Spencer Trask Ventures, Inc. Spencer Trask Ventures, Inc. , Boston Community Capital Boston Community Capital (2)
Post-money valuation of
Growth Equity $2,550,000
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