03:32:03 EDT Mon 13 May 2024
Enter Symbol
or Name
USA
CA



Blumetric Environmental Inc
Symbol BLM
Shares Issued 29,475,683
Close 2023-05-24 C$ 0.415
Market Cap C$ 12,232,408
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Blumetric, Rheinmetall to produce purification systems

2023-05-25 20:56 ET - News Release

Mr. Scott MacFabe reports

BLUMETRIC AND RHEINMETALL CANADA TO DELIVER SELF-CONTAINED WATER PURIFICATION SYSTEMS TO CANADIAN ARMED FORCES

Blumetric Environmental Inc. has been awarded a three-year, $11.7-million contract from Rheinmetall Canada.

Blumetric is teaming with Rheinmetall Canada, which is the prime contractor and an internationally recognized systems integrator, to develop and deliver small, self-contained water purification systems as part of a contract awarded by the Canadian Armed Forces (CAF). This product, named the Advanced Sub-Unit Water Purification System (ASUWPS), will enhance the ability of the CAF to support missions by providing the capacity to purify water at the subunit level -- providing potable water for 125 to 250 personnel. The ASUWPS are a smaller, lighter system than Blumetric's reverse osmosis water purification unit (ROWPU), which Blumetric has been building and supporting for the CAF for the last ten years.

"We are proud to partner with Rheinmetall Canada to support the CAF," said Scott MacFabe, Blumetric chief executive officer. "Together, we're bringing proven Canadian innovation and experience to provide mission-ready water in a world of uncertainty."

Blumetric expanded its cleantech production footprint in Ottawa, and the increased capacity will allow the company to deliver on this contract and future programs to design and build water and wastewater treatment systems. Work on this contract will begin immediately, with final delivery of the water purification systems expected by 2025.

About Blumetric Environmental Inc.

Blumetric is a publicly traded environmental consulting and engineering company with expertise across professional and trade disciplines and technologies that allow for the design, fabrication and delivery of sustainable solutions to environmental and water challenges. Blumetric has more than 170 employees operating in 10 offices and over 40 years of expertise. Headquartered in Ottawa, Ont., Blumetric has a team of industry experts which serves commercial and industrial, military, mining, and government clients in Canada and the United States.

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