New Sky Energy has
announced it was selected as the winner of the Wastewater Prize by Imagine H2O,
a San Francisco-based, international nonprofit organization that helps
entrepreneurs turn water challenges into business opportunities.
"New Sky Energy is
part of an emerging wave of new businesses that turn wastewater into an
economic opportunity with ecological benefits," said Scott Bryan, COO of
Imagine H2O. "As the winner of our Early Revenue Track, New Sky
demonstrated an intriguing technology with commercial promise."
The winners were chosen
from a competitive selection of finalists by Imagine H2O''s judging panel, a
group of leading experts and investors in the water sector. Winners were
selected based on their commercial viability and promise. This year''s prize
attracted 50 startups led by serial entrepreneurs, experienced executives and
campus engineering programs.
"It is a great honor
to win the Imagine H2O Wastewater Prize and to receive this level of
recognition from such a prestigious group of water industry experts," said
Deane Little, New Sky''s CEO and founder.
New Sky technology
converts industrial and agricultural wastewater and CO2 into high-value
chemical products, including carbonates (e.g., soda ash, limestone), bases
(e.g., caustic soda), and important industrial gases and acids, such as
hydrogen and sulfuric acid. New Sky technology can be deployed at new plants or
integrated into existing industrial and wastewater treatment facilities to
produce highly valuable chemicals where they are needed.