Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, announces (further to its press release of March 29, 2022) that the Company’s Chinese subsidiary (in which the Company holds a 73% interest), IRRI-AL TAL (Shanghai) Agriculture Technology Company Ltd. (“IAT Shanghai“), is in the final stages of installing a 30 hectares turnkey blueberries irrigation project in the province of Yunnan, China. The project, a repeat order from an existing client, utilizes precise irrigation and fertigation technology allowing for accurate and efficient distribution of water and nutrients to the blueberry plants.
Water Ways Receives an Order for Smart Irrigation System Totalling CAD$930,000 in Laos
Water Ways Technologies Inc. (TSXV: WWT) ("Water Ways" or the "Company"), is pleased to announce that it has received an order to deliver and install a 274 hectares (677 acres) turnkey Banana irrigation project in the Asian country of Laos. The Company will provide a complete smart irrigation system including drip lines, water treatment, filtration, reservoirs and pumps to a recurring customer. The order was received from an existing customer who is currently expanding his high density Banana plantation in Laos. The total value of the order is approximately CAD$930,000. The Company expects to commence the project during Q2, 2023. Delivery and installation of the system will take place during 2023 and Q1 of 2024 and revenues are expected to be recognized during the installation period.