Cavitation Technologies, Inc. Renews 3-Year Global License Agreement with Desmet Ballestra Group
CHARTSWORTH, CA, Feb. 15, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Cavitation Technologies, Inc. (“CTi” or the “Company”) (OTCQB:CVAT)
About the Agreement
Cavitation Technologies, Inc. has recently announced the renewal of a 3-year Global License Agreement with Desmet Ballestra Group s.a. (Desmet), CTi’s long-standing strategic partner since 2010. This agreement solidifies the partnership between the two companies and reinforces their commitment to driving innovation and sustainability in fluid processing applications worldwide.
Under the terms of the agreement, Desmet will continue to utilize CTi’s cutting-edge flow-through nano-technology systems in its operations. These innovative systems have been proven to enhance efficiency, reduce energy consumption, and improve product quality in a wide range of industrial processes.
Impact on CTi and Desmet
This renewed agreement is a testament to the successful partnership between CTi and Desmet over the years. By combining CTi’s technological expertise with Desmet’s industry knowledge and global reach, both companies have been able to deliver value to their customers and stay ahead of the competition.
CTi remains committed to advancing environmental, social, and governance (ESG) practices through its innovative solutions. With this renewed agreement, the company reaffirms its position as a leader in sustainable technology solutions for the fluid processing industry.
Desmet also stands to benefit from this partnership, as it gains access to CTi’s latest advancements in nano-technology systems. By incorporating these cutting-edge solutions into its operations, Desmet can further optimize its processes and drive greater efficiency and profitability.
Effect on Me
As a consumer or industry professional, the renewed partnership between CTi and Desmet could have a positive impact on your life. By leveraging advanced nano-technology systems, these companies are working towards more sustainable and efficient fluid processing practices, which could lead to better products and services for you.
Effect on the World
The collaboration between CTi and Desmet is a step towards a more environmentally friendly and sustainable future for the world. By developing innovative technologies that improve efficiency and reduce energy consumption in industrial processes, these companies are contributing to global efforts to combat climate change and promote responsible resource management.
Conclusion
The renewed 3-year Global License Agreement between Cavitation Technologies, Inc. and Desmet Ballestra Group signifies a continued commitment to innovation, sustainability, and partnership in the fluid processing industry. This collaboration not only benefits the companies involved but also has the potential to drive positive change for consumers and the world at large. As technology continues to evolve, we can expect to see even greater advancements in efficiency and environmental responsibility from CTi and Desmet.
