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Desalitech
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Short description

Developer of reverse osmosis products featuring CCD technology - 75% less waste and 35% less energy use than traditional reverse osmosis

Founded in 2008
Founded in

Company type Acquired Public ()
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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 Newton, MA Newton, United States
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Updated by Leanne Hersey at Desalitech on 10/07/2014

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Date Company
05/28/2014

Israeli Water Authority Israeli Water Authority

The Israel Water Authority has purchased and installed Desalitech technology to build a new municipal water treatment facility that will remove nitrates from well water.

Confirmed by Israeli Water Authority

Partnerships
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Date Partner Type
03/20/2014
Veolia Water Solutions & Technology Veolia Water Solutions & Technology
Deslitech has signed a Memorandum of Understanding (MOU) with Veolia Water Solutions to bring high recovery water solutions to Mexico.
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Confirmed by Veolia Water Solutions & Technology
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Investment Rounds
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IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

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Exchange listed

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Prospectus

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Source

Description

Date Investors Type Amount
12/02/2014 Spring Creek Investments Spring Creek Investments , Liberation Capital Liberation Capital , AquAgro Fund AquAgro Fund (3)
Post-money valuation of
Spring Creek Investments led this round of financing; the funds will be used to expand sales of the company's water purification products.
Growth Equity $11,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

ReFlex Max™ Reverse Osmosis

Reduce brine waste by 50% to 75% and energy consumption by up to 35%.

Wide Commercial Availability Products - Wholesale
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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