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On the Street: Clean tech, Abstract Developments ownership, Indigenous cannabis firms

On the Street: Clean tech, Abstract Developments ownership, Indigenous cannabis firms
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Victoria's Pani Energy tapped to help reduce costs for desalination plants around the world


Pennsylvania-based Aquatech International has engaged Pani’s cloud-based artificial intelligence technology for use at a number of desalination plants.
“This means a lot of good things for Pani,” said chief executive Devesh Bharadwaj. “It’s a good demonstration that the leaders in desalination really value our technology, and see that it’s the next technological innovation in the water-desalination space. It gives us access to a large market and will help grow the company.”
Pani Energy has created technology that uses artificial intelligence and machine learning to enhance water-treatment systems in industrial sites like pulp and paper mills, auto plants and municipal facilities. ....

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