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Press Release
Aug 1, 2022
Clean TeQ Water Quarterly Report Released: Continued Strong Growth and Excellent Outlook Driven by Major Contract Wins
Clean TeQ Water is pleased to provide an update on its activities for the June 2022 quarter, with a 60% increase in quarterly cash receipts, and a 40% reduction in cash burn. The Company also recently won two municipal projects whose combined size exceeds the Company's last year revenues creating strong momentum into the new financial year. Significant progress was made also on the path towards commercializing NematiQ's ground-breaking Graphene Membrane by preparing pilot ready elements and skids.
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