Originclear OCLN

OriginClear, Inc. operates as the Clean Water Innovation Hub, incubating and launching innovative businesses that create value within the global water industry. The company focuses on supporting its subsidiary Water On Demand, Inc., which includes the Progressive Water Treatment unit and the Water on Demand development unit. Through these entities, OriginClear provides engineered water treatment solutions and develops service based water models.

Revenue is generated primarily from the Progressive Water Treatment unit, which designs, builds, and services custom water treatment systems for municipal, industrial and commercial customers. The unit also earns income from equipment rental and ongoing maintenance contracts. The Water on Demand unit is being developed to offer water treatment as a service, where customers pay per gallon or flat fee for managed wastewater treatment, and is expected to contribute revenue once commercialized.

The company operates through the following segments: Progressive Water Treatment and Water on Demand.

• Progressive Water Treatment designs, builds, and services a broad range of industrial water treatment solutions, providing turnkey systems for municipal, industrial and pure water applications and offering maintenance, retrofits, equipment rental and comprehensive support.

• Water on Demand aims to offer water self sustainability as a service, allowing customers to pay for water treatment and purification on a per gallon basis through a design build own operate model that reduces upfront capital costs.

OriginClear holds a niche position in the decentralized water treatment market, competing with firms such as PureAqua, Harn RO and Membrane Specialists. Its competitive advantages stem from 25 years of industry experience, the ability to combine multiple treatment technologies and a focus on delivering customized end to end solutions that reduce customer capital expenditure.

The company serves a diverse customer base that includes hotels and resorts, real estate housing developments, office buildings, military installations, schools, farms, food and beverage manufacturers, industrial warehouses, oil and gas producers, medical and pharmaceutical facilities, and municipal water authorities.