00:55:07 EDT Thu 09 May 2024
Enter Symbol
or Name
USA
CA



Water Ways Technologies Inc
Symbol WWT
Shares Issued 148,785,346
Close 2023-09-01 C$ 0.045
Market Cap C$ 6,695,341
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Water Ways' Heartnut receives $200K plastic film order

2023-09-05 11:44 ET - News Release

Mr. Ohad Haber reports

WATER WAYS' CANADIAN SUBSIDIARY RECEIVES ORDER FOR AGRICULTURAL SUPPLIES TOTALLING C$200,000

Water Ways Technologies Inc.'s Canadian subsidiary, Heartnut Grove WWT Inc. (HGWWT), based in Mount Brydges, Ont., has received an order for plastic film to cover carrot growing fields in Canada. This plastic film is used to keep carrots in the ground for winter storage and insulate the soil, thereby keeping root crops fresh year-round.

The $200,000 order is expected to be supplied to the client in 2023.

Ohad Haber, the company's chairman and chief executive officer, commented, "This order is proof to our continuing growth in Canada and we expect this business to grow also in 2024."

About Water Ways Technologies Inc.

Water Ways Technologies, through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways Technologies 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. At present, Water Ways Technologies' main revenue streams are derived from the following business units: (i) projects business unit; and (ii) component and equipment sales unit. Water Ways Technologies is capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America, and developed markets such as China and Canada. Water Ways Technologies' irrigation projects include vineyards, cotton fields, apple and orange orchards, blueberry, medical cannabis growers, fresh produce cooling rooms, and more, in over 15 countries.

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