Oceanwell News and Press Updates

New desalination technology being tested in California could lower costs of tapping seawater

A new deep-sea desalination technology is undergoing testing in Southern California. Water managers hope it will offer an economical and environmentally friendly way of tapping the Pacific Ocean for fresh water. The CEO of the company that developed the technology calls it a moonshot to revolutionize how California — and the world — can transform seawater into drinking water. If the system proves viable, the company plans to build what it calls a water farm anchored to the ocean floor several miles off the coast of Malibu. Californians could be drinking water tapped from the Pacific Ocean off Malibu several years from now — that is, if a company’s new desalination technology proves viable.

News | 3 minutes read

GreentechLead

Water technology deals: OceanWell, Intelligent Design, Nano Infusion

OceanWell is competing in XPRIZE’s $119 million challenge with its deep-sea desalination technology. Utilizing modular pods at 400-meter depths, the system reduces energy use by 40 percent, provides scalable freshwater solutions, and minimizes environmental disruption, setting a new benchmark in sustainable desalination.

News | 3 minutes read

OceanWell

OceanWell Competes in Largest Ever Prize Competition XPRIZE's $119m Water Scarcity Challenge

This comes as the water tech company marks a milestone year with new funding and selection for the European Water Tech Accelerator

News | 3 minutes read

Press Release

OceanWell Secures $11 Million in Series A to Build Deep-Sea Water Farms and Supply Abundant Fresh Water

OceanWell raised $11M in Series A funding, backed by Kubota Corporation, to scale its modular deep-sea water farms and launch a pilot in California with Las Virgenes Municipal Water District. OceanWell’s innovative pods use natural hydrostatic pressure for energy-efficient desalination, producing 1M gallons of fresh water daily while protecting marine life. The project addresses global water scarcity and climate challenges.

News | 3 minutes read

XPrize

XPRIZE Water Scarcity Hosted Second Prize Summit at WEFTEC 2024

XPRIZE Water Scarcity recently attended the Water Environment Federation’s Technical Exhibition and Conference (WEFTEC) 2024, the largest water quality event in North America, to host its second Prize Summit with an exciting blend of innovation, collaboration, and opportunity.

News | 3 minutes read

Press Release

OceanWell Receives U.S. Bureau of Reclamation Grant for Blue Water Farm Pilot Project

Calabasas, CA – The Natural OceanWell Company (OceanWell), in partnership with Las Virgenes Municipal Water District (LVMWD), was chosen by the United StatesBureau of Reclamation (USBR) to receive $236,877 for further research and development of their Blue Water Farm technology. As part of USBR’s “Pitch to Pilot” grant program, OceanWell was one of eight applicants selected from across the country.OceanWell’s submerged water filtration system uses hydrostatic pressure to drive the reverse osmosis process to create a viable fresh water supply with little to no environmental impacts, using a fraction of electricity compared to traditional seawater desalination plants

News | 3 minutes read