What Thetis does

Thetis Environmental is a privately held Canadian industrial technology company headquartered in Hamilton, Ontario that develops and sells the PermaFlux crossflow ultrafiltration (UF) membrane system for high-strength, high-solids industrial wastewater treatment. The company sells directly to enterprise industrial customers, with a published application footprint spanning food and beverage, mining and metal separation, automotive and oil and gas, pharmaceuticals and chemicals, agriculture, landfill remediation, and water utility and desalination pre-treatment, supplemented by membrane bioreactor (MBR) and anaerobic MBR use cases. Thetis operates with a small team (1–10 employees) and an early commercial footprint evidenced by five named case-study customers (Smuttynose Brewing Company, Brignano, Battle Creek, NRC, and NLB) and limited publicly disclosed financial information.

The PermaFlux technology is anchored on three proprietary components: patented membrane chemistry, a unique module design, and a patented closed-loop operating protocol executed in an outside-in crossflow configuration. The company claims the architecture is the world's only outside-in crossflow UF membrane for high-strength/high-solids wastewater, delivering 75–90% lower energy consumption versus competing high-solids crossflow membranes and approximately one-quarter the energy of conventional PermaFlow processes. Three commercial module variants are offered — V10XL (highest packing density), V8 High Efficiency (reduced-footprint housing), and V8 High Temperature (operation up to 70°C) — and the portfolio is positioned for tolerance of extreme suspended solids concentrations, including anaerobic digestate above 50,000 mg/L, lime softening streams above 180,000 mg/L, and emulsified oils between 50,000 and 800,000 mg/L. Disclosed operational outcomes include RO recovery rates exceeding 95% when PermaFlux is used for lime softening pre-treatment, MBR biomass thickening above 5% total suspended solids, and the potential to roughly double mine operational lifespan via on-site wastewater treatment.

Thetis generates revenue primarily through hardware sales (individual PermaFlux modules and fully engineered turnkey systems) complemented by engineering support and in-house or on-site piloting services. Pricing is custom-quoted per application and is not publicly disclosed; go-to-market is direct enterprise field sales targeted at industrial wastewater producers globally, with a website-centric marketing posture and no visible social media, paid advertising, or channel partnerships. Capital history includes a March 2016 Sustainable Development Technology Canada grant of approximately C$824,812; no institutional venture funding, ownership changes, or revenue figures are disclosed. Leadership includes CEO John Tomescu, with Jeff Parr listed as a primary company contact.

Name

Thetis

Legal name

Thetis Environmental

Website

https://thetisenvironmental.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Thetis Environmental develops and sells PermaFlux, a patented outside-in crossflow ultrafiltration membrane technology for high-strength industrial wastewater treatment. It serves enterprise customers in food and beverage, mining, oil and gas, pharma, agriculture, and water treatment via direct sales of modules and turnkey systems.

Ownership category

akta.pro rank

Product category

Industrial Water Treatment Equipment

NAICS

Pump and Compressor Manufacturing (33391)

SIC

Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Separation & Filtration Equipment (Filters, Centrifuges, Membranes) (IMAHAEAB)

Keywords

• Industrial wastewater treatment
• Ultrafiltration membrane systems
• Crossflow membrane technology
• High-solids filtration
• Membrane bioreactor equipment

Headquarters

HQ city

Hamilton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. PermaFlux Module Sales: Sale of individual PermaFlux UF membrane modules (V10XL, V8 High Efficiency, V8 High Temperature variants) with engineering support for integration into existing wastewater treatment systems.
2. Turnkey System Sales: Fully automated turnkey wastewater treatment systems incorporating PermaFlux technology, designed and engineered to customer specifications.
3. Engineering and Technical Support: Engineering support services accompanying module and system sales, including in-house or on-site piloting to ensure solutions are tailored to customer needs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Thetis Environmental manufactures and sells PermaFlux, an outside-in crossflow ultrafiltration (UF) membrane technology for high-strength and high-solids industrial wastewater treatment. The product line consists of patented PermaFlux membrane modules in three variants (V10XL, V8 High Efficiency, V8 High Temperature) sold individually with engineering support, plus fully automated turnkey wastewater treatment systems engineered to customer specifications. The offering is targeted at industrial enterprise customers in food and beverage, mining, automotive/oil and gas, pharmaceutical/chemical, agriculture, and water utility sectors.

Product overview

Thetis Environmental manufactures PermaFlux, a revolutionary crossflow ultrafiltration (UF) membrane technology specializing in high-strength/high-solids wastewater treatment. The product portfolio consists of the core PermaFlux system with three module variants: V10XL (highest packing density), V8 High Efficiency (reduced footprint), and V8 High Temperature (operation up to 70°C). The company offers solutions ranging from individual PermaFlux modules with engineering support to fully automated turnkey systems.

Differentiator

Problem solved

Functional benefit

Brands

• PermaFlux: Revolutionary crossflow ultrafiltration (UF) membrane technology for high strength/high solids wastewater treatment. Includes module variants V10XL (highest packing density), V8 High Efficiency (reduced footprint), and V8 High Temperature (operation up to 70°C).

Products and services

• PermaFlux UF Membrane System Patented outside-in crossflow ultrafiltration membrane solution for high-strength and high-solids industrial wastewater treatment, combining proprietary membrane chemistry, a unique module design, and a patented closed-loop operating protocol. Sold to industrial enterprise customers across food and beverage, mining, automotive/oil and gas, pharma/chemical, agriculture, and water utilities, in module-only form or as part of a fully automated turnkey system.
• PermaFlux V10XL Module PermaFlux module variant offering the highest packing density in the product family, intended for high-strength/high-solids industrial wastewater applications where maximum membrane area per unit footprint is required. Sold to industrial enterprise customers and supported by Thetis engineering and piloting services.
• PermaFlux V8 High Efficiency Module PermaFlux module variant with a smaller housing that enables a reduced system footprint while preserving the outside-in crossflow performance and patented closed-loop operating protocol. Sold to industrial enterprise customers for high-strength wastewater applications where compact installation is a priority.
• PermaFlux V8 High Temperature Module PermaFlux module variant designed to operate at temperatures up to 70°C, extending the PermaFlux outside-in crossflow UF platform into high-temperature industrial wastewater applications. Sold to industrial enterprise customers that need elevated-temperature operation.
• PermaFlux Turnkey Wastewater Treatment Systems Fully automated turnkey wastewater treatment systems engineered around PermaFlux modules, designed and built to customer specifications for high-strength and high-solids industrial applications. Sold to enterprise industrial customers, accompanied by in-house or on-site piloting and engineering support to validate the configuration prior to deployment.

Quantifiable outcome

• Energy consumption reduced by 75-90% compared to other high-solids crossflow membranes; uses only 1/4 the energy of conventional PermaFlow processes
• +7 more outcomes

Named customers5 records

Segments9 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Alfa Laval: Alfa Laval provides separation and filtration equipment including membrane-based systems for industrial process and wastewater applications, addressing similar end markets via a wider separation equipment portfolio.
• MANN+HUMMEL: MANN+HUMMEL's water filtration business supplies UF/membrane solutions for industrial and municipal water treatment, particularly for high-solids and reuse applications — comparable technology area with a larger industrial installed base.
• Veolia Water Technologies: Veolia supplies engineered systems and services for water and wastewater treatment across industrial and municipal markets; their membrane-based solutions overlap with PermaFlux but compete primarily through integrated turnkey offerings.
• SUEZ Water Technologies & Solutions: SUEZ offers a broad portfolio of water and wastewater treatment technologies including membrane filtration, serving industrial and municipal customers globally — overlapping with PermaFlux but as part of a much wider solutions portfolio.
• Pall Corporation (Cytiva): Pall is a major industrial filtration company offering membrane and crossflow filtration systems for chemical, pharma, and industrial process applications — comparable technology footprint, though with a much broader product portfolio.

Direct peers

• Hydranautics (Nitto Group): Hydranautics manufactures RO, NF, and UF membrane elements for water treatment, desalination, and industrial process applications — a direct competitor in the membrane technology space.
• Koch Separation Solutions: Koch Separation Solutions (part of Koch Membrane Systems) supplies UF, RO, and nanofiltration membranes and systems for industrial wastewater and process applications, directly overlapping with PermaFlux's target customers and use cases.
• Toray Membrane: Toray Membrane (Toray Industries) produces UF, MF, NF, and RO membrane products for water and wastewater treatment, directly comparable to PermaFlux in product family and target industrial verticals.
• Pentair X-Flow: Pentair's X-Flow division is a leading manufacturer of ultrafiltration membranes, including hollow-fiber and tubular crossflow modules used for industrial and municipal water treatment — the closest direct competitor to PermaFlux.

Emerging players

• Berghof Membrane Technology: Berghof manufactures tubular UF membranes for high-solids industrial wastewater — closely comparable to PermaFlux's high-solids positioning and target use cases, but with a smaller commercial footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/thetis-environmental

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thetis