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Technical Director, Professor Tom Stephenson, explains the vision
behind the business: “Water Innovate will break new
ground by providing, for the first time, an effective conduit
for the
transfer of new technologies out of the laboratory and into the
water industry. It will bridge the innovation gap that has existed
in the water sector for far too long.”
However, turning innovative technology and vision into a real
business required both financial investment and effective management.
John Catling (former Managing Director of Thames Water’s
Products Division) joined Water Innovate as Executive Chairman
after leading a consortium of investors to fund technical developments
and bring them to the market as commercial products.
John Catling describes the process: “Investors were not
only looking for leading edge technology with clear market potential,
they also wanted a proven management team that knew the sector
and had a successful track record. This is why Tom and I asked
Dr Steve Callister to join as Water Innovate’s Managing
Director.”
With fifteen years of business development experience with both
water and wastewater process technology companies, Managing Director
Dr Steve Callister is well qualified to drive forward the business.
Water Innovate’s six initial leading edge technologies
include:
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ODOURsim® – a revolutionary odour modelling software
package that dynamically predicts the generation and emission
of odours from sewage treatment works allowing the generation
of more accurate dispersion contour plots;
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N-Tox® – a new nitrification toxicity monitoring
technique that provides an early warning of wastewater treatment
plant
failure several hours in advance of currently available
technology;
-
a novel high performance chemical additive for water and
wastewater treatment;
-
three advanced tertiary process technologies for wastewater
treatment.
Dr Steve Callister explains Water Innovate’s strategy: “Our
initial focus is on commercialising the first three technologies
and taking them to market either directly or through licensing
deals. We will also be investing significant resources in further
development of the remaining technologies, as well as in evaluating
opportunities to acquire additional portfolios of water related
technology to bring to market.”
Water Innovate’s funding has been provided by the National
Endowment for Science Technology and the Arts (NESTA), Oxford
Technology 4 Venture Capital Trust, Cranfield Enterprises Limited,
a group of private investors, and the Company’s management.
For more information regarding
this release please contact:
Water Innovate Press Officer
Clarity Technical Authoring +44 (0) 1535 647200 or +44 (0) 7917 165178
anthony@clarityauthoring.co.uk
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