Cavitation Technologies Profile
Cavitation Technologies, Inc. develops, patents, and commercializes proprietary technology for use in the processing of various industrial and consumer-oriented fluids in the United States.
The company is a process and product development firm that has developed, patented, and commercialized environmentally friendly technology-based systems that are designed to serve large, growing, global markets, such as vegetable oil refining, renewable fuels, water treatment, wines and spirits enhancement, algae oil extraction, water-oil emulsions and crude oil yield improvement. The company’s patented Nano Reactor and low pressure nano reactor (LPN) are the critical components of its business.
Vegetable Oil Refining
The company’s first commercial application for its technology has been the CTi Nano Neutralization System, which has been utilized to improve edible vegetable oil refining process. This patented process (US Patent # 7,762,715 and # 8,042,989) is designed to be incorporated into new and existing soybean, rapeseed, canola and palm vegetable oil refineries.
The company’s first pilot test of its CTi NANO Neutralization System was conducted in 2010 at Carolina Soya, a 200-metric ton/day crude soy oil refining plant in Estill, South Carolina. The company’s second system, which became operational in fiscal 2011, has been continuously utilized since 2011 at the plant that processes approximately 450 metric tons per day of soy oil. Further, the company has successfully shipped over 50 systems domestically and internationally. The company focuses on developing additional Nano Reactor applications and managing the intellectual property issues associated with new processes and applications.
Enviro Watertek, LLC
In 2019, the company has entered into a licensing and service contract agreement with Enviro Watertek, LLC (EW). This agreement covers our first commercial entrance into industrial treatment of produced and frac water. Fracking industry has seen a significant growth over the past ten years, reaching daily water consumption volume of over 58 million barrels per day. The company’s agreement with EW has a fifteen-year term. It sold its first LPN system in the third quarter of our fiscal 2019, while generating additional LPN sales and recurring revenue in its fiscal 2020.
Alchemy Beverages, Inc
In 2018, the company agreed to license Cameo to Alchemy Beverages Inc. (ABI). Pursuant to the licensing agreements, ABI will have the exclusive global marketing and distribution rights of Cameo and its patented and patent pending technologies for the processing of alcoholic beverages.
In 2019, the company has filed an application with U.S. Patent office, U.S. Patent Application No. 16/286,309 SYSTEM AND METHOD FOR PURIFICATION OF DRINKING WATER, ETHANOL AND ALCOHOL BEVERAGES OF IMPURITIES and on October 24, 2018, U.S. Patent Application No. 16/169,644 METHOD AND DEVICE FOR PRODUCING OF HIGH QUALITY ALCOHOLIC BEVERAGES.
Customers Dependence
The company continues to sell its industrial capacity Nano Reactor and Nano Neutralization System through its strategic partner Desmet Ballestra Group (Desmet) and most of its revenue for the fiscal year ended June 30, 2021, was derived from sales of reactors to Desmet and the corresponding gross profit share.
Competition
The company’s competitors who sell equipment and engineering services for the vegetable oil refining business are a myriad of companies both large and small that provide equipment and technology to oil refiners. These include known companies that have longer operating histories, more experience, and stronger financial capabilities. Competitors include Alfa Laval, and Crown Iron Works, as well as many firms that provide advice and services to small and regional firms.
Patents
The company’s Cavitation Generator patent was issued during fiscal 2011. In addition, the company has a patent for its Multi-Stage Cavitation Device Nano Reactor that was issued on October 25, 2011. In the fiscal 2014, the company received approvals for another apparatus patent and 2 additional process patents in the US. As of June 30, 2021, the company’s portfolio of patents included 19 issued patents in the United States and 12 issued patents internationally. The company continuously develops new technologies and applications, as it has filed new patent applications for Low Pressure Nano-Reactors LPN. LPN is a highly efficient homogenizer and emulsifier that can be utilized in multiple fluids processing applications.
Research and Development Expenditures
During the fiscal year ended June 30, 2021, the company spent $21,000 on research and development activities.
History
Cavitation Technologies, Inc. was founded in 2007.
