What Mycelx Technologies does

MYCELX Technologies Corporation is a US-domiciled, London Stock Exchange AIM-listed (LON:MYX) water and air treatment technology company founded in 1994, headquartered in Norcross, Georgia. The company develops and commercializes proprietary polymer-coated filtration products that permanently remove hydrocarbons, organics, and PFAS from water and air. Its core technology exploits a hydrophobic, oleophilic polymer that captures oil and contaminants while rejecting water on contact, protected by approximately 70 US patents. The product portfolio centers on the MYCELX Advanced Coalescer (MAC) for primary oil/solids removal, the MYCELX Polisher for tertiary polishing down to sub-1 ppm hydrocarbons, and the backwashable MYCELX REGEN media. Specialized systems include MERSEP (mercury coalescing for natural gas), the Disruptor (biological elimination), the Oil Spill Solutions suite, and air filtration products. A growing PFAS treatment line uses proprietary polymer-infused cartridge filters and the next-generation Performer-X blended adsorbent media to achieve non-detect single-pass PFAS removal.

MYCELX serves enterprise and government customers across oil and gas (Chevron, BP, Shell, QP, SABIC, Anadarko, Neconde), power generation (NYPA, Bonneville Power, TransAlta, Carrier), petrochemicals (SABIC, Ibn Sina), heavy manufacturing, marine, and agribusiness, as well as federal agencies such as the U.S. Department of Defense for PFAS remediation. The company operates across six continents with engineering offices in the US (Norcross, GA; Houston/Katy, TX) and the UK (London). Revenue is generated through a mix of permanent system sales (hardware), mobile emergency response rentals (managed services), project-based multi-year contracts (e.g., $3.9M Permian Basin award), and PFAS remediation services. Pricing is custom quotation-based with no public price list, and customers are engaged via direct enterprise field sales supported by technical case studies, data sheets, and a state-of-the-art testing/validation lab in Katy, TX. The company achieved profitability in 2025 and disclosed 51-100 employees.

Name

Mycelx Technologies

Legal name

MYCELX Technologies Corporation

Website

https://mycelx.com

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

MYCELX Technologies (AIM: MYX) develops proprietary polymer-coated filtration systems that permanently remove hydrocarbons, organics, and PFAS from water and air, serving oil & gas super majors, power generators, petrochemical firms, and government agencies across six continents.

Ownership category

akta.pro rank

Product category

Industrial Water Treatment

NAICS

Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413)

SIC

Miscellaneous Chemical Products (2890)

akta.pro primary industry

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

akta.pro secondary industries

Air Quality & Filtration Equipment (IAQ) (IMAHAKAI), Filtration & Media (Screen/Disc/Sand Filters, Filter Media) (AFABAHAC)

Keywords

• Industrial water treatment
• PFAS remediation
• Hydrocarbon removal
• Produced water treatment
• Oil spill response

Headquarters

HQ city

Duluth

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Water Treatment Systems Sales: Sale of permanent water and air treatment systems to industrial customers in oil & gas, power, marine, and manufacturing sectors. Systems include MYCELX Polisher, Advanced Coalescer (MAC), REGEN, and integrated treatment solutions.
2. Mobile Emergency Response Rentals: Rental and lease of mobile containerized oil removal systems and emergency wastewater treatment units. Rental, lease, or trial units are readily available for deployment to customer sites.
3. PFAS Remediation Services: Short-term rental contracts for mobile PFAS treatment systems to treat groundwater contamination. Company has received PFAS contract awards including a DoD contract in North Dakota.
4. Produced Water Treatment Projects: Large-scale produced water treatment project awards such as the $3.9 million Permian Basin project. Multi-year contracts with integrated oil companies for offshore and onshore water treatment.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

MYCELX Technologies manufactures and sells water and air treatment systems built on proprietary polymer-coated filtration media that permanently remove hydrocarbons, organics, and PFAS from industrial water and air streams. The portfolio includes coalescers, polishers, backwashable media filters, mercury removal systems, PFAS treatment media, oily mist air filters, and oil spill response equipment, sold as installed systems or rented as mobile units to industrial customers.

Product overview

MYCELX Technologies offers a comprehensive portfolio of water and air treatment solutions built around its proprietary polymer technology. The product architecture centers on three core water treatment technologies: the MYCELX Advanced Coalescer (MAC) for primary oil and solids removal, the MYCELX Polisher for tertiary polishing achieving sub-1ppm hydrocarbon levels, and MYCELX REGEN as a backwashable media filter. These are complemented by specialized systems including MERSEP for mercury removal from gas, the Disruptor for biological contamination, and the Oil Spill Solutions suite (SmartPad, VersiMat, SheenDevil). The company also provides air filtration products using hydrophobic polymer-treated filters for oily mist removal. For PFAS treatment, MYCELX offers a multi-stage approach using proprietary polymer-infused cartridge filters and media (including Performer-X), with applications spanning drinking water, groundwater, wastewater, AFFF, and landfill leachate. The portfolio is supported by a testing and validation lab and spans multiple market verticals including oil and gas, power, marine, heavy manufacturing, and agribusiness.

Differentiator

Problem solved

Functional benefit

Products and services

• MYCELX Advanced Coalescer (MAC) Primary treatment system with MYCELX polymer-coated media that removes large concentrations of free and dispersed oil and clarifies water from suspended and settleable solids, removing over 90% of oil droplets and solids particles above 35 microns. Sold to industrial customers in oil & gas, power, and manufacturing sectors.
• MYCELX Polisher Core polishing component that removes traces of hydrocarbon contamination, including highly emulsified and soluble oils, down to 1 ppm or below. Lloyds certified for less than 5 ppm discharge on tight chemically stabilized emulsions. Used by industrial customers needing final-stage water polishing.
• MYCELX REGEN Backwashable media filter that removes 95% of hydrocarbons and suspended solid particles down to 5 microns without chemicals. Designed as a single-step replacement for traditional two-part NSF and MMF systems in waterflood treatment. Used in oil & gas water injection applications.
• MYCELX MERSEP Patented mercury coalescing system for natural gas production that effectively removes liquid mercury contamination, safeguards infrastructure, and substantially reduces waste volume compared to traditional absorption systems. Used by natural gas operators.
• Oil Spill Solutions Suite of emergency oil spill response technologies including SmartPad, VersiMat, SheenDevil, and Rapid Deployment Boom, providing instant and permanent removal of oil using MYCELX polymer technology. Used by spill response contractors and industrial operators.
• MYCELX Air Filtration Hydrophobic air filters treated with MYCELX polymer for removal of oil mist, oily solids, particles, and biologicals from air. Rejects oil-contaminated water on contact and extends lifetime of downstream HEPA filters. Used by industrial and healthcare facilities.
• MYCELX PFAS Treatment System Multi-stage PFAS treatment technology using proprietary polymer-infused cartridge filters and media to remove all PFAS compounds to non-detect levels in a single pass. Covers drinking water, landfill leachate, AFFF, wastewater, groundwater, and stormwater applications. Used by utilities, municipalities, and industrial customers.
• MYCELX Disruptor Random Walk Disruptor media providing point-source treatment and filtration of biological growth from algae to bacteria, eliminating bacterial colonies and endo- and exo-toxins. Used by municipal water utilities, agricultural operations, and industrial sites.
• Testing and Validation Lab Services State-of-the-art 10,000 sq. ft. R&D facility with multiple testing loops (1 gpm to 150 gpm) that delivers online, real-time performance metrics, enabling collaboration with customers on rapid prototyping and new solution development. Provided to industrial customers for pilot validation.

Quantifiable outcome

• 99% Sales-Quality Oil Captured from Produced Water
• +9 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Veolia Environnement: Global environmental services and water treatment giant serving industrial and municipal customers with hydrocarbon removal, produced water, and PFAS remediation solutions. Comparable as a broad incumbent in the same end markets but at vastly larger scale and a much wider service portfolio.
• Ecolab: Industrial water treatment and process chemistry provider serving oil & gas, power, and manufacturing customers. Comparable target verticals and customer base but Ecolab operates primarily through chemical dosing programs rather than proprietary filtration media technology.
• Xylem: Major water technology company offering filtration, pumping, and treatment solutions to industrial and municipal customers. Overlaps with MYCELX on industrial water and PFAS applications but operates at much larger scale with broader product portfolio.
• Pall Corporation: Filtration, separation, and purification specialist serving oil & gas, power, and industrial customers with membrane and media-based systems. Comparable in produced water treatment and industrial filtration, with broader product portfolio including biopharmaceutical applications.
• Pentair: Water treatment and filtration company serving residential, commercial, and industrial markets including oil & gas and manufacturing. Comparable target verticals and treatment solutions but operates at significantly larger scale with broader geographic reach.
• Kurita Water Industries: Global water and process chemicals company serving industrial customers including oil & gas, power, and manufacturing with specialty chemicals and treatment systems. Comparable customer base and treatment applications, particularly in PFAS following Calgon Carbon acquisition.
• 3M (Water Filtration): Diversified manufacturer with significant water filtration product lines including industrial and commercial filtration systems. Comparable in industrial filtration and oily water separation but operates across many other product categories at massive scale.

Direct peers

• Donaldson Company: Manufacturer of filtration systems for industrial and engine applications, including oil mist air filtration and liquid filtration products. Directly comparable on industrial air filtration (oily mist removal) and industrial liquid filtration markets where MYCELX also competes.
• Calgon Carbon: Leading manufacturer of activated carbon and related media for PFAS, drinking water, and industrial water treatment (now part of Kurita). Directly competes with MYCELX's Performer-X media in the PFAS remediation market using traditional GAC technology.
• Aquatech International: Specialty water treatment company focused on industrial water reuse, desalination, and process water solutions for oil & gas and power customers. Comparable as a focused industrial water treatment specialist serving similar end markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mycelxtech

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds2 records

Investors

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 Mycelx Technologies