WATR is a low-cost, easy to deploy, solar-powered, multi-parameter solution that can be deployed in remote locations to monitor water quality. The company cites a recent report from the Environment Agency stating that not one of the 4,600 waterways in the UK meets safe water standards. The company argues that its product communicates live data 24/7. The product can be programmed such that alerts/notifications can be set to enable early interventions to upcoming issues. Users can access the data through WATR's app or web portal. WATR claims that its product can monitor multiple water bodies such as reservoir water, fish farms, quality of drinking water, and river/lake pollution levels. The company aims to become a significant contender in the £4.29 billion water safety market. WATR has received multiple Letter of Intents (LOI) for 108 units to be installed in catchments and reservoirs. The company will use 40% of the investment for manufacturing and assembling 500 devices, 10% for product roadmap development, 10% for marketing, 20% for hiring key personnel, 10% to ramp up production facilities, 5% to strengthen its board, and 5% for Intellectual Property (IP) expenses.
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£3,302,273
pre-money valuation
7.04%
equity available
432
investors
£779
pledge per investor
11026072
company number
Active
company status
23/10/2017
incorporated 7 years
Previous Funding rounds
22 Apr 24 | Seedrs | £336,730 / 135% |
News
Does Water Intelligence (LON:WATR) Deserve A Spot On Your Watchlist? - Yahoo Movies UK
23/04/2024 Yahoo Movies UK
While shareholders of Water Intelligence (LON:WATR) are in the red over the last year, underlying earnings have ... - Simply Wall St
22/11/2023 Simply Wall St
Closing Bell: Current Water Technologies Inc flat on Tuesday (WATR) - The Globe and Mail
23/04/2024 The Globe and Mail
Recyclable Packaging Innovations by Hello Brew Co., Moro, and NOBL WATR - Packaging World
25/10/2023 Packaging World
Did Water Intelligence plc (LON:WATR) Use Debt To Deliver Its ROE Of 8.6%? - Yahoo Movies Canada
12/04/2024 Yahoo Movies Canada
Experience Sustainable Luxury at WATR, 1 Hotel South Beach - The Knockturnal
04/03/2024 The Knockturnal
WATR radio host celebrates 60th anniversary in Waterbury - WTNH.com
30/11/2023 WTNH.com
Closing Bell: Current Water Technologies Inc flat on Monday (WATR) - The Globe and Mail
15/04/2024 The Globe and Mail
WATR's Tom Chute calling it a career - Waterbury Republican American
26/07/2023 Waterbury Republican American
Don't turn that dial: WATR's Barbara Davitt recalls 60 years of being on the air in Waterbury - Waterbury Republican American
30/11/2023 Waterbury Republican American
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