Desert Control AS ( (DE:8KT) ) has provided an update.
Desert Control has secured eligibility for its water conservation solution under incentive programs by the Metropolitan Water District of Southern California and the Los Angeles Department of Water and Power. This approval allows clients like golf courses and municipalities to receive rebates covering up to 50% of the installation costs, enhancing the financial appeal of Desert Control’s technology. The company’s solution, which improves soil moisture retention and reduces irrigation needs, is poised for accelerated growth in California, offering clients significant cost savings and operational efficiency while addressing rising water costs and regulatory pressures.
More about Desert Control AS
Desert Control develops solutions that enhance soil health, conserve water, and improve operational efficiency for water-intensive landscapes. Its patented treatment increases the soil’s ability to retain moisture and nutrients, enabling healthier turf and vegetation with significantly reduced irrigation. Desert Control delivers customized programs for sports turf, golf courses, urban green spaces, and agriculture, focusing on sectors where water conservation is critical.
YTD Price Performance: 9.81%
Average Trading Volume: 7,421
Technical Sentiment Signal: Hold
Current Market Cap: €26.01M
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