Ahead Water Applied sciences awarded a CFIN Innovation Booster Grant in partnership with the Canadian Meals Innovation Community

TORONTO, ON / ACCESSWIRE / November 3, 2022 / Ahead Water Applied sciences Corp. (“Ahead water” or “Society“) (TSXV:FWTC) is happy to announce that it has been awarded $97,773 in matching funds as a part of the Canadian Meals Innovation Community’s Innovation (“CFIN“) Booster program.

Ahead Water is creating a wholly new food-safe course of for the chilly focus of meals merchandise, leading to as much as 10 instances better focus functionality in comparison with heat-based applied sciences. This know-how, derived from the corporate’s proprietary ahead osmosis course of already in use, is predicted to enhance the competitiveness of the Canadian meals enterprise ecosystem by producing larger high quality finish merchandise with lowered greenhouse fuel emissions related to typical processing. President and CEO, Howie Honeyman feedback, “The power to chilly focus liquid meals and beverage streams preserves excessive product high quality whereas intensifying flavors and aromas, produces no secondary waste stream, and accomplishes the method utilizing solely a fraction of the vitality that conventional thermal processes require. The tip result’s superior a product made at a lowered price that reduces greenhouse fuel emissions. CFIN’s help will enable us to speed up this growth and get to market even quicker.”.

The CFIN Meals Innovation Problem seeks to help revolutionary start-ups within the foodservice business which can be on the chopping fringe of growth and commercialization. The problem is proscribed to Canadian-led collaborations, and grants are awarded on the idea of benefit.

“This challenge is a wonderful instance of the transformative innovation taking place in Canada’s meals sector that usually goes unnoticed or under-celebrated. We’re excited to help Ahead Water as they create their sustainable chilly focus course of know-how to market the place it may possibly improve and improve a number of merchandise and course of whereas decreasing vitality consumption.” — Joe Lake, CFIN Govt Director

About Ahead Water Applied sciences Corp.

Ahead Water Applied sciences Corp. is a publicly traded Canadian firm devoted to conserving the Earth’s water provide utilizing its patented Ahead Osmosis know-how. The corporate was based by Inexperienced Heart Canada, a number one middle for technological innovation, with the help of the Authorities of Canada. The corporate’s know-how permits the discount of difficult waste streams whereas returning recent water for reuse or discharge to the floor. The corporate’s mandate is to deal with broad deployment of its know-how throughout a number of sectors, together with industrial wastewater, meals and beverage concentrates, oil and fuel, mining, agriculture and finally the municipal water provide and reuse market sectors. For extra info go to www.forwardwater.com.

In regards to the Canadian Meals Innovation Community:

The Canadian Meals Innovation Community (CFIN) is a nationwide not-for-profit, member-based group that fosters transformative and transferable innovation in Canada’s meals sector. We join Canada’s meals ecosystem with recent insights, concepts and applied sciences to enhance their enterprise and enhance their innovation capability. You possibly can turn out to be a member of CFIN (free of charge!) in lower than 5 minutes.

To be taught extra about CFIN, go to www.cfin-rcia.ca.

Mr. Howie Honeyman, Ph.D., President and Chief Govt Officer

Ahead Water Applied sciences Corp.
Telephone: (519) 333-5888

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Ahead-looking statements

Sure statements contained on this information launch represent “forward-looking info” as that time period is utilized in relevant Canadian securities legal guidelines. Ahead-looking info relies on administration’s plans, expectations and estimates as of the date the data is offered and is topic to sure elements and assumptions, together with the flexibility to scale the know-how and the adoption of the know-how by potential clients.

Ahead-looking info is topic to varied dangers and uncertainties and different elements which will trigger plans, estimates and precise outcomes to vary materially from these anticipated in such forward-looking info. A few of the dangers and different elements that would trigger outcomes to vary materially from these expressed in forward-looking statements embrace, however usually are not restricted to: sudden enterprise occasions; availability of capital underneath acceptable circumstances; the necessity to receive obligatory approvals from regulatory authorities; inventory market volatility, in addition to different dangers and uncertainties relevant to the corporate, as set forth within the steady disclosure paperwork filed underneath the corporate profile at www.sedar.com. The Firm undertakes no obligation to replace these forward-looking statements, besides as required by relevant legislation.

Though the corporate has tried to establish necessary elements that would trigger precise outcomes to vary materially from these contained within the forward-looking info, there could also be different elements that trigger outcomes to not be as anticipated, estimated or deliberate. Accordingly, readers mustn’t place undue reliance on forward-looking info.

Neither the TSX Enterprise Change nor its regulatory service supplier (as that time period is outlined within the TSX Enterprise Change Guidelines) accepts duty for the adequacy or accuracy of this press launch.

SOURCE: Ahead Water Applied sciences Corp.

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