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BluMetric Environmental (TSXV: BLM, OTCQX: BLMWF) has secured a CA$1.2 million contract to supply a Membrane Bioreactor wastewater treatment system in the Bahamas, following a previous CA$3.6 million Sea Water Reverse Osmosis system project. The new system will treat 60,000 gallons of wastewater daily for a private island development.
The company has also signed a lease for a new 25,000 square foot manufacturing facility in Gainesville, Florida, significantly expanding from its current 10,000 square foot space. This expansion accommodates the workforce growth following the Gemini Water acquisition and enables handling larger contracts. The existing facility will remain operational until June 2025 to ensure a smooth transition.
BluMetric Environmental (TSXV: BLM, OTCQX: BLMWF) ha ottenuto un contratto di 1,2 milioni di dollari canadesi per fornire un sistema di trattamento delle acque reflue a bioreattore a membrana nelle Bahamas, dopo un precedente progetto di 3,6 milioni di dollari canadesi per un sistema di osmosi inversa dell’acqua di mare. Il nuovo sistema tratterà 60.000 galloni di acque reflue al giorno per lo sviluppo di un’isola privata.
L’azienda ha anche firmato un contratto di locazione per una nuova struttura produttiva di 25.000 piedi quadrati a Gainesville, in Florida, ampliando significativamente rispetto all’attuale spazio di 10.000 piedi quadrati. Questa espansione supporta la crescita della forza lavoro dopo l’acquisizione di Gemini Water e consente di gestire contratti più ampi. La struttura esistente rimarrà operativa fino a giugno 2025 per garantire una transizione senza intoppi.
BluMetric Environmental (TSXV: BLM, OTCQX: BLMWF) ha asegurado un contrato de 1.2 millones de dólares canadienses para suministrar un sistema de tratamiento de aguas residuales con bioreactor de membrana en las Bahamas, tras un proyecto previo de 3.6 millones de dólares canadienses para un sistema de ósmosis inversa de agua de mar. El nuevo sistema tratará 60,000 galones de aguas residuales al día para el desarrollo de una isla privada.
La compañía también ha firmado un contrato de arrendamiento para una nueva instalación de fabricación de 25,000 pies cuadrados en Gainesville, Florida, expandiéndose significativamente desde su actual espacio de 10,000 pies cuadrados. Esta expansión acomoda el crecimiento de la fuerza laboral tras la adquisición de Gemini Water y permite manejar contratos más grandes. La instalación existente seguirá operativa hasta junio de 2025 para asegurar una transición fluida.
블루메트릭 환경 (TSXV: BLM, OTCQX: BLMWF)은 바하마에 막 생물 반응기 폐수 처리 시스템을 공급하기 위해 120만 캐나다 달러 규모의 계약을 체결했습니다. 이는 360만 캐나다 달러 규모의 해수 역삼투 시스템 프로젝트에 이은 것입니다. 새로운 시스템은 개인 섬 개발을 위해 매일 60,000 갤런의 폐수를 처리할 것입니다.
회사는 또한 플로리다 주 게인즈빌에 25,000 평방 피트의 새로운 제조 시설에 대한 임대 계약을 체결했으며, 현재의 10,000 평방 피트 공간에서 대폭 확장되었습니다. 이번 확장은 제미니 워터 인수 이후 인력 증가를 수용하고 더 큰 계약을 처리할 수 있게 합니다. 기존 시설은 원활한 전환을 보장하기 위해 2025년 6월까지 운영될 것입니다.
BluMetric Environmental (TSXV: BLM, OTCQX: BLMWF) a obtenu un contrat de 1,2 million de dollars canadiens pour fournir un système de traitement des eaux usées par bioreacteur à membrane aux Bahamas, suite à un précédent projet de 3,6 millions de dollars canadiens pour un système d’osmose inverse de l’eau de mer. Le nouveau système traitera 60 000 gallons d’eaux usées par jour pour le développement d’une île privée.
L’entreprise a également signé un bail pour une nouvelle installation de production de 25 000 pieds carrés à Gainesville, en Floride, se développant considérablement par rapport à son espace actuel de 10 000 pieds carrés. Cette expansion permet de soutenir la croissance de la main-d’œuvre suite à l’acquisition de Gemini Water et permet de gérer des contrats plus importants. L’installation existante restera opérationnelle jusqu’en juin 2025 pour garantir une transition fluide.
BluMetric Environmental (TSXV: BLM, OTCQX: BLMWF) hat einen Vertrag über 1,2 Millionen kanadische Dollar für die Bereitstellung eines Membran-Bioreaktor-Abwasserbehandlungssystems auf den Bahamas gesichert, nach einem vorherigen Projekt über 3,6 Millionen kanadische Dollar für ein Meerwasser-Umkehrosmose-System. Das neue System wird täglich 60.000 Gallonen Abwasser für die Entwicklung einer privaten Insel behandeln.
Das Unternehmen hat auch einen Mietvertrag für eine neue 25.000 Quadratfuß große Produktionsstätte in Gainesville, Florida, unterzeichnet, was eine erhebliche Erweiterung gegenüber dem aktuellen Raum von 10.000 Quadratfuß darstellt. Diese Expansion unterstützt das Wachstum der Belegschaft nach der Übernahme von Gemini Water und ermöglicht die Abwicklung größerer Aufträge. Die bestehende Einrichtung bleibt bis Juni 2025 in Betrieb, um einen reibungslosen Übergang zu gewährleisten.
Positive
- Secured new CA$1.2M contract for wastewater treatment system
- Previous CA$3.6M SWRO system project nearing completion
- Manufacturing capacity increased by 150% with new 25,000 sq ft facility
- Workforce doubled following Gemini Water acquisition
Negative
- Additional lease costs from running two facilities until June 2025
Ottawa, Ontario–(Newsfile Corp. – February 5, 2025) – BluMetric Environmental Inc. (TSXV: BLM) (OTCQX: BLMWF) (“BluMetric” or “the Company“), a full-service environmental consulting and engineering cleantech firm, announced it has signed a follow-on contract to supply a Membrane Bioreactor (MBR) wastewater treatment system to the Exumas in the Bahamas for a private island development. The Company has also signed a new lease for a larger U.S. manufacturing facility in Gainesville, Florida.
The contract, valued at approximately CA$1.2 million (US$0.9 million), will treat 60,000 gallons per day (GPD) of wastewater. This order follows a previous 750,000 GPD Sea Water Reverse Osmosis (SWRO) system for the same island, valued at approximately CA$3.6 million (US$2.5 million), which is in the final stages of installation and commissioning.
These systems showcase BluMetric’s unique capabilities and offerings that provide a complete water and wastewater treatment solution. By deploying the most advanced technologies, customers can receive a cost-efficient and user-friendly potable water and wastewater treatment solution.
“We continue our sales traction with this most recent wastewater treatment plant contract,” said Scott MacFabe, CEO of BluMetric. “It is an important distinction that we can offer a full portfolio of water treatment solutions for remote settings. Customers recognize this expertise, and we look forward to utilizing our expanded team and U.S. manufacturing footprint to support delivering systems with capacities of up to three million gallons per day.”
It is expected that this project will be delivered and commissioned within the next twelve months. This order highlights the increasing need for improved water infrastructure in the Caribbean as the region sees increased development and groundwater scarcity.
In addition, BluMetric has signed a new lease for a larger, 25,000 square foot manufacturing facility in Gainesville, Florida to increase its capacity to service existing and potentially new contracts that are beyond the capacity of the current 10,000 square foot manufacturing space. This new space will also help accommodate the approximate doubling of the workforce since acquiring Gemini Water approximately four months ago.
BluMetric believes this will be an important part of Gemini Water’s continued integration and ability to achieve growth targets. The existing facility in Gainesville, Florida will remain in operation until the end of its lease (in June 2025) to ensure continuity and a seamless transition.
About BluMetric Environmental Inc.
BluMetric Environmental Inc. is a publicly traded environmental consulting and engineering company with expertise across professional and trade disciplines and technologies that allow for the design, fabrication and delivery of sustainable solutions to environmental and water challenges. BluMetric has more than 220 employees operating in ten offices and over 45 years of expertise. Headquartered in Ottawa, Ontario, BluMetric’s team of industry experts serves Commercial and Industrial, Military, Mining and Government clients.
For more information, visit www.blumetric.ca or please contact:
Forward-Looking Statements
Some of the statements in this press release, including those relating to the Company’s quarterly and annual results, future products, opportunities and cost initiatives, strategies, and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, are forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company’s expectations, estimates, and projections regarding future events. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can be found on SEDAR+ at www.sedarplus.ca. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239816
FAQ
What is the value of BluMetric’s (BLMWF) new wastewater treatment contract in the Bahamas?
The new contract for the Membrane Bioreactor wastewater treatment system is valued at CA$1.2 million (US$0.9 million).
How much larger is BluMetric’s (BLMWF) new manufacturing facility in Florida?
The new facility is 25,000 square feet, which is 150% larger than the current 10,000 square foot facility in Gainesville, Florida.
What is the daily treatment capacity of BLMWF’s new wastewater system in the Bahamas?
The new Membrane Bioreactor wastewater treatment system will treat 60,000 gallons per day (GPD) of wastewater.
When will BluMetric (BLMWF) complete the transition to its new Florida facility?
The transition will be completed by June 2025, when the lease on the existing facility expires.
How much was BluMetric’s (BLMWF) previous SWRO system contract in the Bahamas worth?
The previous Sea Water Reverse Osmosis (SWRO) system contract was valued at approximately CA$3.6 million (US$2.5 million).
