Aquastill announces the acquisition of SolarSpring assets in the field of Membrane Distillation, following the insolvency proceedings of SolarSpring GmbH.
The assets acquired consist of the Intellectual Property (IP), laboratory equipment and selected R&D projects, which will be transferred to Aquastill BV in the Netherlands.
SolarSpring’s key people Rebecca Schwantes and Kirtiraj Chavan will support the transition and stay connected as advisors helping Aquastill to bring Membrane Distillation to the next level of technology readiness.
This acquisition underlines the commitment of Aquastill to the further development of Membrane Distillation as a Sustainable Thermal Desalination technology for both sea water and industrial waste water.
The integration of assets within Aquastill is being expected to be completed before the 1st of October 2024.
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