BioLargo Arm Makes Strides to Solve Clean Water Problem

BioLargo Arm Makes Strides to Solve Clean Water Problem

By: Dylan Sikes – AllPennyStocks.com News

Wednesday, January 29, 2020

Cleaning up the planet is a more-than-full-time job, it seems, and any new technology aimed at such a mission should be greeted with bells.

Oak Ridge, Tenn.-based BioLargo Inc. (OTC:BLGO) announced Wednesday that its BioLargo Engineering, Science & Technologies (BLEST) subsidiary has borne out a new, cutting-edge water treatment technology aimed at solving the growing international per- and polyfluoroalkyl substances (PFAS) contamination crisis. 

Having completed its work under a Phase I SBIR grant from the Environment Protection Agency, BLEST is moving to the next phase of development in preparation for demonstration pilots and commercialization.

The new technology, called the Aqueous Electrostatic Concentrator (AEC), has been proven capable of 99+% removal of the two most predominant PFAS compounds – PFOA and PFOS – without the need for the high-pressure systems and high electricity costs of reverse osmosis, or the high consumable costs necessary for carbon filters. 

BLEST reckons, based on its bench-scale testing, AEC was projected to use only $0.30 of electricity to treat 1,000 gallons of water, a fraction of the cost of what is necessary to operate the competing technologies. BLEST management believes that it will further reduce electricity costs for treating potable water.  

Shares in BLGO soared 1.5 cents, or 6.8%, to 23.5 cents, on volume of more than 387,000 shares. 

 


Copyright © 2019 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon

Other Penny Stock Movers

Canadian Inflation Moves Up as Expected But Easing Underlying Pressures Boost Hopes of June Rate Cut
Key Press Release Sends Small Cap Soaring Premarket
Acquisition Announcement Launches Micro Cap To Kick Off The Week
Most Popular
FREE Newsletter
AllPennyStocks.com Favorites


Back to Top