Aqua Metals Named Winner of the San Francisco Business Times Technology and Innovation Award
27 April 2017 - 10:00PM
Aqua Metals, Inc. (NASDAQ:AQMS), (“Aqua Metals” or the “Company”),
which is commercializing a non-polluting electrochemical lead
recycling technology called AquaRefining™, was named the winner of
the San Francisco Business Times Technology and Innovation Award.
The San Francisco Business Times Technology and Innovation Award
recognizes Aqua Metals for being a leading innovator in the Bay
Area and the lead industry. The organization specifically awarded
Aqua Metals for its innovation of AquaRefining, the battery
industry’s first environmentally friendly lead-acid battery
recycling technology.
“As a company that is young, progressive and passionate, we feel
very privileged to be a part of the Bay Area community of
innovators,” said Dr. Stephen Clarke, chairman and CEO of Aqua
Metals. “Being recognized by this esteemed local organization is
truly an honor, and we will continue to push toward further
innovations and solutions that positively impact our society.”
Aqua Metals develops and manufactures the AquaRefining
technology in the Bay Area and partners with multiple local
manufacturers and vendors. The patent-pending technology is a
closed-loop, room temperature electrochemical process that vastly
reduces harmful air or water emissions. The modular design of the
technology enables a rapid deployment of lead-acid battery
recycling with further potential logistics and economic benefits by
co-locating AquaRefineries with battery manufacturers and
distributors around the globe. AquaRefining enables the battery
community to recycle responsibly and contribute positively to the
environment.
The Company is rapidly expanding its production capabilities as
it scales the first facility. Additionally, Aqua Metals plans to
install AquaRefining in a to-be named smelter site beginning in
2018, through its deal with Johnson Controls, the world’s largest
manufacturer of automotive batteries. As it scales up capacity,
Aqua Metals plans to hire hundreds of employees for existing and
future operations across the United States, including in the Bay
Area.
Aqua Metals is attending the awards ceremony on May 17, at San
Francisco’s Julia Morgan Ballroom to accept this prestigious
award.
About Aqua MetalsAqua Metals (NASDAQ:AQMS) is
reinventing lead recycling with its patent-pending AquaRefiningTM
technology. Unlike smelting, AquaRefining is a room temperature,
water-based process that is fundamentally non-polluting. These
modular systems allow the Company to vastly reduce environmental
impact and scale lead acid recycling production capacity both by
building its own AquaRefineries and licensing the AquaRefining
technology to partners. This meets growing demand for lead to power
new applications including stop/start automobile batteries which
complement the vehicle’s main battery, Internet data centers,
alternative energy applications including solar, wind, and grid
scale storage. Aqua Metals is based in Alameda, California, and has
built its first recycling facility in Nevada’s Tahoe Reno
Industrial Complex. To learn more, please visit
www.aquametals.com.
Safe Harbor This press release contains
forward-looking statements concerning Aqua Metals, Inc., the lead
acid battery recycling industry, the future of lead acid battery
recycling via traditional smelters, the Company’s development of
its commercial lead acid battery recycling facilities and the
quality, efficiency and profitability of the Company’s proposed
lead acid battery recycling operations. Those forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause actual results to differ materially. Among
those factors are: (1) the fact that the Company only recently
commenced revenue producing operations, thus subjecting the Company
to all of the risks inherent in a pre-revenue start-up; (2) risks
related to Aqua Metals’ ability to raise sufficient capital, as and
when needed, to develop and operate its recycling facilities; (3)
changes in the federal, state and foreign laws regulating the
recycling of lead acid batteries; (4) the Company’s ability to
protect its proprietary technology, trade secrets and know-how and
(5) those other risks disclosed in the section “Risk Factors”
included in the Company’s Annual Report on Form 10-K filed on March
2, 2017. Aqua Metals cautions readers not to place undue reliance
on any forward-looking statements. The Company does not undertake,
and specifically disclaims any obligation, to update or revise such
statements to reflect new circumstances or unanticipated events as
they occur.
Aqua Metals Media Relations:
Antenna
Brigit Carlson
Senior Account Executive
201-465-8031
aquametals@antennagroup.com
Aqua Metals Investor Relations:
MZ North America
Greg Falesnik
Managing Director
Main: 949-385-6449
greg.falesnik@mzgroup.us
www.mzgroup.us
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