Global Water Technologies

What Global Water Technologies does

Global Water Technologies, Inc. (OTC Pink: GWTR) is an Indianapolis-based, nano-cap public company focused on identifying, developing and commercializing proprietary water treatment and efficiency technologies. Originally incorporated in 1990 as Fi-Tek VI, Inc. and renamed in 1997, the company emerged from Chapter 11 bankruptcy in 2004 and has since operated with a skeleton staff of approximately five employees under long-tenured CEO Erik Hromadka, who took the role in 2009. The company's stated mission is to address water scarcity and treatment efficiency through a portfolio that combines legacy electrochemical hardware (ED2000, ED2000PLUS), an AquaPhysics-based process platform, an exclusive NASA license for capacitive deionization technology originally developed for the International Space Station, and newer smart water grid sensor concepts. Its current go-to-market is hybrid: limited direct equipment sales, technology validation through the XPRIZE Water Scarcity competition (with partner firms Voltea, Atlantis, AquiSense, UCC Environmental and US Water Systems), R&D collaboration with Drexel University, anchoring within the 16 Tech Innovation District in Indianapolis, and an announced April 2026 launch of GreenSuite.ai, an AI-enabled water data tools platform.

Historically, GWT generated the bulk of its revenue from a small number of large institutional and government customers — including the U.S. Mint, GSA, Children's Hospital of Philadelphia, GE/Calpine, Northwestern Steel, and the University of Maryland Medical Center — via custom water-treatment installations. The business reached a peak of approximately $85.6M in revenue in 2001 prior to its 2003-2004 bankruptcy, after which operating revenue collapsed to roughly $167K in 2005 and an estimated cumulative ~$750K through 2008. The company is not currently SEC-registered, trades on OTC Pink, was upgraded to the OTCID tier on OTC Markets, and discloses limited financial information. Its current revenue mechanics are not directly observable, but the absence of recent sales disclosures, the small headcount and the emphasis on competition, partnerships and new product development suggest that near-term commercial revenue remains minimal, with future monetization expected to come from commercialization of its technology stack, the GreenSuite.ai platform and potential M&A or capital markets activity.

The investment-relevant question for GWT is whether the 2025-2026 strategic moves — XPRIZE qualification, the GreenSuite.ai launch, partner buildout, OTCID upgrade and ongoing M&A discussions — can convert a deep but dormant IP portfolio and a small operating footprint into a scalable commercial water-technology business, or whether the company remains a structurally sub-scale shell reliant on episodic capital markets events.

Name

Global Water Technologies

Legal name

Global Water Technologies, Inc.

Website

https://gwtr.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Short description

Global Water Technologies (OTC Pink: GWTR) is an Indianapolis-based nano-cap that develops and commercializes proprietary water treatment and efficiency technologies, including ED2000 electrochemical systems, AquaPhysics processes, NASA-licensed capacitive deionization, and the announced GreenSuite.ai water data platform, targeting industrial, municipal and government customers.

Ownership category

akta.pro rank

Product category

Water Treatment Equipment & Services

NAICS

Totalizing Fluid Meter and Counting Device Manufacturing (334514), Water Supply and Irrigation Systems (22131), Sewage Treatment Facilities (22132)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Water Supply (4941), Totalizing Fluid Meters & Counting Devices (3824)

akta.pro primary industry

Cooling Tower & Evaporative Condenser Water Treatment (BPABAJAC)

akta.pro secondary industries

Monitoring & Control (Dosing Systems, Remote Monitoring, Sensors) (BPABAJAK), Water & Wastewater Treatment Plant Equipment (Clarifiers, Aeration, Membrane Systems) (IMAHAEAJ), Post-Treatment & Remineralization (Stabilization, Blending, Disinfection) (EUANAFAG)

Keywords

• Non-chemical water treatment
• Cooling tower treatment
• Capacitive deionization desalination
• Smart water grid sensors
• Electronic descaling systems

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Technology Licensing and Royalties: The company licenses its proprietary water treatment technologies including ED2000, capacitive deionization, and other innovations to industrial customers and partners worldwide.
2. Equipment Sales: Sale of proprietary water treatment systems including cooling towers, ED2000 units, and related equipment to industrial, commercial, and municipal customers.
3. Service Contracts: Long-term service programs for water treatment systems including 24-hour remote monitoring and system control, operations and maintenance contracts.
4. XPRIZE Competition: The company is participating in the XPRIZE Water Scarcity competition ($119M prize) which could provide capital opportunities through partnerships and potential M&A activities.
5. Capital Raise and M&A: The company is in discussions with potential targets for mergers and acquisitions and seeking capital raises to execute its business plan and upgrade SEC compliance.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Global Water Technologies identifies, develops, and commercializes proprietary non-chemical water treatment technologies for cooling towers, HVAC, desalination, and smart water distribution. Its commercial offerings include ED2000 and ED2000PLUS electronic descaling systems, AquaPhysics cooling water treatment, capacitive deionization technology, UC-C LED disinfection, and smart water grid sensor/software solutions sold to industrial, commercial, municipal, and utility customers.

Product overview

Global Water Technologies operates as a nano-cap public company (OTC Pink: GWTR) focused on identifying, developing, and commercializing proprietary water treatment and efficiency technologies through a four-stage model: technology identification, project-level incubation, subsidiary creation, and exit/licensing. Its product portfolio includes Electric H2O, Inc. as the primary operating subsidiary offering non-chemical water treatment systems — notably the ED2000 and ED2000PLUS electronic descaling products for cooling towers — combined with capacitive deionization technology (licensed from NASA), UC-C LED disinfection, and smart water grid sensor/software solutions. The company also holds GreenSuite, a SaaS consumer portal for utilities, and has announced the development of GreenSuite.ai as an AI-enabled development platform for water and sustainability tools. The portfolio spans both hardware (treatment systems, sensors) and software (consumer portals, monitoring software) to address water treatment, desalination, and distribution efficiency.

Differentiator

Problem solved

Functional benefit

Brands

• Electric H2O: Legacy subsidiary utilizing non-chemical water treatment to prevent scaling in cooling towers through ED2000 and ED2000PLUS systems
• GreenSuite.ai
• ED2000
• ED2000PLUS
• AquaPhysics

Products and services

• ED2000 Electronic Water Treatment System Patented non-chemical electronic water treatment system using an oscillating electric field to precipitate dissolved solids into crystals, preventing scale formation on heat transfer surfaces in cooling towers and HVAC systems. Sold to industrial, commercial, and institutional customers.
• ED2000PLUS Physical Water Treatment System Comprehensive non-chemical physical water treatment system addressing scale, microbiological growth, corrosion, and fouling in cooling water systems, boilers, and chillers. Sold to institutional, commercial, and industrial customers worldwide with multi-year service programs available.
• AquaPhysics Non-Chemical Cooling Water Treatment Proprietary non-chemical cooling water treatment system for HVAC and light industrial customers worldwide, offered with 24-hour remote monitoring and system control.
• Capacitive Deionization (CDI) Technology Capacitive deionization technology licensed from NASA research that removes dissolved salts from water using electricity with less environmental cost than traditional desalination, integrated with seawater reverse osmosis for decentralized desalination systems.
• Integrated Reverse Osmosis / CDI / UC-C LED Desalination Prototype Prototype system combining traditional seawater reverse osmosis with capacitive deionization, UC-C LED disinfection, and complementary approaches for energy-efficient, low-environmental-cost decentralized desalination. Prototype produced one cubic meter of drinking water daily and completed qualified testing for the XPRIZE Water Scarcity competition in December 2025.
• GreenSuite Consumer Portal SaaS consumer portal for water utilities that connects customers through a web-based portal providing usage analytics, efficiency improvement methods, and behavior-based rewards programs.
• GreenSuite.ai Development Platform AI-enabled development platform for water and sustainability tools, building on GreenSuite's original SaaS tools for utilities to encourage customer awareness and reward efficiency. Announced for water and sustainable technology applications.

Quantifiable outcome

• Over 10 billion gallons of water treated per day through installed systems
• +3 more outcomes

Named customers6 records

Segments5 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

Partnerships

Eleven partnerships are on record, tiered supporting and core.

• UCC EnvironmentalsupportingTechnology or Integration · 22 December 2025Partner in XPRIZE Water Scarcity competition testing activities. UCC Environmental provides complementary technologies for the prototype desalination system combining reverse osmosis with capacitive deionization.
• US Water SystemssupportingTechnology or Integration · 22 December 2025Partner in XPRIZE Water Scarcity competition testing activities supporting the desalination system prototype development and testing.
• AquiSensesupportingTechnology or Integration · 22 December 2025Partner in XPRIZE Water Scarcity competition providing UV LED disinfection technology for the prototype desalination system. AquiSense and Global Water signed MOU in 2015 for UV LED technology collaboration.
• VolteacoreTechnology or Integration · 1 October 2025Voltea technology included in Global Water Technologies' XPRIZE Water Scarcity qualified testing system. Voltea delivers electro-desalination water treatment equipment and was named Breakthrough Water Technology Company of the Year at 2018 Global Water Summit. Their capacitive deionization systems remove dissolved salts using electricity with less environmental cost.
• Atlantis TechnologiescoreTechnology or Integration · 22 March 2025Partnership with Atlantis Technologies for XPRIZE Water Scarcity competition. Atlantis has a long history of working on low-cost wastewater desalination systems, including pioneering work in capacitive deionization and related water treatment technologies.
• 16 Tech Innovation DistrictcoreStrategic or Co-development Partner · 9 November 2015One of the first companies to participate in the 16 Tech innovation district in downtown Indianapolis. Active in many groups supporting the state's entrepreneurial ecosystem.
• AquiSense TechnologiessupportingTechnology or Integration · 1 November 2015MOU signed in 2015 for UV LED technology collaboration. AquiSense provides UV LED disinfection systems for water treatment applications.
• GreenSuitecoreTechnology or Integration · 9 July 2013Acquired GreenSuite in 2013 as an Indianapolis startup creating SaaS tools for utilities to encourage customer awareness and reward efficiency. The company connects 'people' with a web-based consumer portal providing usage analytics, efficiency improvement methods, and reward programs.
• Peerless PumpsupportingStrategic or Co-development Partner · 14 December 2012Working with Peerless Pump and IUPUI Construction Engineering Management Technology program to promote a 'living laboratory' where sustainable water solutions can be developed and deployed.
• BAMI-I (Buried Asset Management Institute)coreStrategic or Co-development Partner · 7 December 2012Partnership with BAMI-I on projects to develop a living laboratory where new technologies can be tested in real-world conditions. Focus on developing good policy and seeking pilot project locations for pipe condition monitoring technology.
• IUPUI Construction Engineering Management TechnologysupportingStrategic or Co-development Partner · 1 January 2012Collaboration with Indiana University Purdue University at Indianapolis (IUPUI) Construction Engineering Management Technology program for research and development of sustainable water infrastructure solutions.

Scale indicators6 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Voltea: Voltea delivers electro-desalination water treatment equipment based on capacitive deionization technology. Voltea is both a direct technology peer (CDI overlap) and an active XPRIZE Water Scarcity partner of GWT.
• Atlantis Technologies: Atlantis Technologies develops low-cost wastewater desalination systems including pioneering work in capacitive deionization. Atlantis is both a direct technology peer and XPRIZE Water Scarcity partner of GWT.
• AquiSense Technologies: AquiSense specializes in UV LED disinfection systems for water treatment applications. AquiSense is both a direct technology peer and long-standing partner of GWT (MOU signed 2015) for XPRIZE Water Scarcity competition.
• Saltworks Technologies: Saltworks Technologies develops advanced desalination and water treatment technologies including electrochemical methods. They compete in adjacent desalination technology space relevant to GWT's CDI and water treatment initiatives.

Emerging players

• Membrion: Membrion develops ceramic desalination membranes for industrial water treatment and resource recovery. As an emerging player in the desalination space, they overlap with GWT's CDI and water treatment initiatives.

Broad incumbents

• Xylem: Xylem is a major water technology company offering pumps, treatment systems, and smart water metering (including Sensus brand). They represent the broad incumbent in water infrastructure that GWT's smart water grid sensors compete against.
• Pentair: Pentair is a global water treatment company offering residential, commercial, and industrial water solutions. As a broad incumbent, they overlap with GWT's water treatment systems across multiple customer segments.
• Veolia Water Technologies: Veolia Water Technologies provides water treatment and desalination solutions globally, including utility-scale systems. As a broad incumbent, they represent the established competition GWT's CDI and desalination initiatives would face at scale.
• Ecolab: Ecolab's Water division provides water treatment chemicals and digital monitoring solutions for industrial customers. As a broad incumbent, they overlap with GWT's cooling tower and industrial water treatment offerings, though GWT focuses on non-chemical approaches.

Others

• Badger Meter: Badger Meter manufactures flow measurement and monitoring solutions for water utilities, including smart water metering. As an enabling technology provider, they represent a relevant comparable for GWT's smart water grid sensor/software solutions targeting water utilities.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutu.be/R1dNdAOwsuM

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries6 records

Funding overview

Funding rounds

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 Global Water Technologies