Water Ways Technologies

TSX-V: WWT

Water Ways Technologies (TSXV:WWT) | Investing News Network

WWT Profile

Water Ways Technologies, Inc. is a holding company, which engages in the design, supply, and installation of irrigation systems. It provides water irrigation solutions to agricultural producers through Irri-Al-Tal. It operates through the following segments: Products and Project-Service. The company was founded on April 20, 2007 and is headquartered in Toronto, Canada.

WWT is an agriculture technology company that specializes in providing water irrigation solutions to agricultural producers. The company competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. Water also delivers smart turnkey irrigation solutions to projects such as fish farms, vineyards, water reservoirs, etc. WWT maintains 2 streams of revenue:

  • Sales of irrigation equipment assembled in- house and hardware produced by 3rd party OEMs (39% of revenue)
  • Design, manufacturing, and installation of turnkey irrigation 2 systems (59% of revenue).

<New Market Opportunity>

Global Cannabis Sector

  • The cannabis industry has seen rapid growth and opportunities for investment in agriculture, distribution, and retail.
  • WWT offers a solution though a combination of drip irrigation acumen and its Precise Irrigation System, once operational, and is expected to be able to deploy specialty container drip solutions creating optimal conditions for cultivation.
  • Competition within the global cannabis market is expected to drive cannabis prices down, pressuring companies to find new and innovative technology solutions to reduce costs.

WWT’s Competitive Advantages

  • Management with over thirty years’ experience and an understanding of the high-end, high-tech segment of the agriculture sector.
  • Targeting the underserved small to medium projects segment of the market, providing these operators with access to irrigation systems and knowhow.
  • Relationships with Israeli irrigation corporations, the world leaders in efficient micro/drip irrigation, without exclusivity provisions which provide Irri-Al-Tal with flexibility to adapt to changing customer needs.
  • Serve as a technical and commercial information hub for both clients and suppliers.
  • Not obligated to a single product or a supplier, allowing Irri-Al-Tal to serve its clients impartially and to deliver the solutions that are suited to clients’ needs.
  • Clients extending across five continents.
  • Experience operating in regions with infrastructure challenges and limited access to clean water.

Recent News

Water Ways Receives First Blueberries Turnkey Irrigation Project in China

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), is pleased to announce that its 73% owned Chinese subsidiary, IRRI-AL TAL (Shanghai) Agriculture Technology Company Ltd. (“IRRI-AL TAL (Shanghai)”), has signed a contract to deliver and installContinue reading “Water Ways Receives First Blueberries Turnkey Irrigation Project in China”

Water Ways Receives First Blueberries Turnkey Irrigation Project in China

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), is pleased to announce that its 73% owned Chinese subsidiary, IRRI-AL TAL (Shanghai) Agriculture Technology Company Ltd. (“IRRI-AL TAL (Shanghai)”), has signed a contract to deliver and install a 200,000 sq./m turnkey irrigation project, for blueberries, in theContinue reading “Water Ways Receives First Blueberries Turnkey Irrigation Project in China”

Water Ways Receives CDN$1.2M Orders to Deliver Soil Moisture Conservation Supplies to Clients in Canada and North Africa

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 13, 2020 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), is pleased to announce that it has received several orders to deliver degradable plastic mulch (“Mulch”) to customers in Canada and North Africa. The Mulch will beContinue reading “Water Ways Receives CDN$1.2M Orders to Deliver Soil Moisture Conservation Supplies to Clients in Canada and North Africa”

Water Ways Announces Shares for Debt Settlement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), is pleased to announce that it has received TSX Venture Exchange approval to the issuance of an aggregate of 828,077 Common Shares (the “Total Shares“) to aContinue reading “Water Ways Announces Shares for Debt Settlement”

Water Ways Expands Its Ethiopian Business and Receives an Order for a Water Supply System for a Gold Mine in Ethiopia

Toronto, Canada – Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), is pleased to announce that it received an order for a water supply system for delivering water to one of Ethiopia’s gold mines. The Water supply system, with a value of CAD$325,000, supplies water to the Meli Gold mine in NorthernContinue reading “Water Ways Expands Its Ethiopian Business and Receives an Order for a Water Supply System for a Gold Mine in Ethiopia”

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For more information about Water Ways Technologies, Please visit https://www.water-ways-technologies.com/

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