Business
Initiation of Sales of Sewer Diagnostic Product
Initiation of Sales of Sewer Diagnostic Product.
About this update from Water Intelligence Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7527E\n Water Intelligence PLC\n 10 November 2020\n \n \n \n \n \n \n \n \n \n Water Intelligence plc\n \n \n \n \n \n Initiation of Commercial Sales of New Proprietary\nSewer Diagnostic Product\n \n \n Brisbane Franchise Reacquisition Completed\n \n \n \n Water Intelligence plc (AIM: WATR.L) (\"Water Intelligence\" or \"Group\"), a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water \n is pleased to announce the initiation of sales from Orca\n \n TM\n \n ,\n its proprietary sewer diagnostic product. Such initiation of sales has been delivered on schedule, as guided by the 3Q Trading Update previously released. Commercialization reinforces the Group's leadership in using technology to deliver enhanced value for water infrastructure services. Such value is important both for the Covid-marketplace and for our Green Economy future.\n \n \n \n Orca\n \n has been in development at the Group's UK-based, Water Intelligence International subsidiary (WII). The proprietary product uses acoustic technology to identify sewer blockages in municipal pipes more effectively than any competitive solution. WII has paid engagements starting with 4 large municipal customers in the UK. The Group expects that such engagements will lead to a broader rollout in 2021 in the United States, Canada and Australia within a subset of the Group's 140+ locations.\n \n \n Of note, especially for ESG investors, Orca is important to address the collateral effects of climate change. In one of its first commercial engagements, WII deployed Orca working with Thames Water and Lanes Group - the leading provider of wastewater solutions in the UK - to identify which sewers can handle the increased likelihood of flooding - a by-product of climate change.\n \n \n \n Orca\n \n and its derivative product - PulseTM - are also of critical need in a Covid-influenced marketplace. Sewer clogs and wastewater overflow are becoming more frequent everywhere as citizens have problems disposing of sanitary wipes while sheltering in place. Such blockages are causing second-order public health issues. \n \n \n The Group's Orca product roll-out strategy for the US will be the same as th...