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Forward Water Technologies Corp ( (TSE:FWTC) ) has provided an update.
Forward Water Technologies Corp. has entered into a contract with a global food and beverage manufacturer to evaluate its technology for concentrating liquid food and beverage streams. This collaboration aims to demonstrate the effectiveness of FWTC’s cold concentration process, which enhances product quality by preserving delicate flavors and aromas while being cost-effective and energy-efficient. The initiative marks a significant step for FWTC in expanding its technology’s application in the food and beverage sector, potentially strengthening its market position and offering economic and environmental benefits to stakeholders.
More about Forward Water Technologies Corp
Forward Water Technologies Corp. is a Canadian company focused on preserving the earth’s water supply through its patented Forward Osmosis technology. The company targets large-scale implementation across various sectors, including industrial wastewater, oil and gas, mining, agriculture, and municipal water supply. It was founded by GreenCentre Canada and is publicly traded.
Average Trading Volume: 43,302
Technical Sentiment Signal: Sell
Current Market Cap: C$2.39M
See more insights into FWTC stock on TipRanks’ Stock Analysis page.