Cavitation Technologies renews 3-year agreement with Desmet, receives $650,000 purchase order

Cavitation Technologies Inc., designer and manufacturer of innovative flow-through nanotechnology systems for fluid-processing applications worldwide, announced Feb. 15 that it has renewed a three-year global license agreement with Desmet, its strategic partner since 2010.

Desmet is a worldwide distributor of the company’s nano-based vegetable-oil refining and biodiesel production technology.

In addition, Desmet has placed a multiple-systems order in excess of $650,000, which is expected to be shipped in Cavitation Technologies’ current fiscal quarter.

The agreement provides Desmet an exclusive license and right to develop, design and supply Cavitation Technologies’ Nano Neutralization® System, which incorporates Nano Reactor® devices and newly designed Low-Pressure Nano on a global basis in fats and oleochemical applications.

The terms of the agreement are virtually similar to the agreement signed in October 2021.

Desmet is a leading global provider of custom-engineered plants and equipment for the food, feed and biofuels industries.

Desmet possesses a great worldwide reputation thanks to over 75 years of experience, a significant R&D capacity and the most extensive customer base in the industry. 

The company has sales and engineering offices in 15 countries.

“We are pleased to strengthen our partnership with Desmet, as it has proven to be highly beneficial for both parties,” said Neil Voloshin, CEO of Cavitation Technologies.

“This ongoing collaboration is introducing Cavitation Technologies to more customers, allowing us to showcase our ESG-friendly nanotechnology to the world,” Voloshin added.  

“Cavitation Technologies possesses innovative technology that has demonstrated exceptional productivity across various applications worldwide,” he said. “With more developments on the horizon, we envision an opportunity for growth and success in the future between our companies.”

The LPN multistage Nano Reactor® is designed to achieve an improved performance over conventional technologies and covers a wide range of applications in processing large volumes of fluids.

In vegetable-oil refining, the LPN technology offers an enhanced performance, lower operating expenses, reduced environmental impact, exceptional oil quality, improved shelf life, and reduction of up to 90 percent of the harsh chemicals used in conventional edible vegetable-oil refining processes.

In addition to chemical refining of vegetable oils, Cavitation Technologies is working on applications for its technology across a variety of industries including the treatment of water in oil and gas and agriculture, as well as in food and beverage, pharmaceutical and medical cannabis, industrial coatings, biofuels and others.

Founded in 2007, Cavitation Technologies designs and manufactures innovative flow-through devices and systems, as well as developing processing technologies for use in edible-oil refining, renewable fuel production, water treatment, and alcoholic-beverage enhancement.

The company’s patented Nano Reactor® systems and various technologies have over 40 patents issued and filed both domestically and abroad.