Cavitation Technologies, a Vancouver-based company, is dedicated to advancing fluid processing technologies. With a focus on enhancing efficiency without changing existing processes, the company’s CEO, Neil Voloshin, recently shared updates with Steve Darling from Proactive. Established in 2008 and publicly traded under the symbol CVAT, Cavitation Technologies has been working to improve fluid processing since its inception.
The core technology of Cavitation Technologies involves passing fluids through a cylinder where energy is generated, leading to the formation of nanoparticles or micro-vapor bubbles. This process can handle fluid capacities from 10 to 500 gallons per minute and has versatile applications in water remediation, agriculture, vegetable oil refining, and alcoholic beverages.
Recent achievements include a three-year renewal agreement with Desmet Ballestra from Belgium that is expected to generate around $1 million in revenue for the year. The company operates with fixed annual costs of $600,000 and enjoys high gross margins of 80-85%. Looking to the future, Voloshin is optimistic about advancements in water remediation for fracking, produced water treatment, and agriculture by 2024.
Cavitation Technologies actively collaborates with government agencies and universities to develop more efficient processes that contribute to environmental sustainability. They aim to continue their trajectory of innovation and growth in the fluid processing industry. For more information about Cavitation Technologies’ products and services, contact Proactive North America at +1 604-688-8158 or email NA-editorial@proactiveinvestors.com.
