Bawat Water Technologies AB
0.08
EUR
-0.03
(-30.91%)
ISIN
SE0017487424
Return %
Stock
S&P 500
1Y
-23.62
14.20
3Y
-25.49
81.12
5Y
- -
68.34
Capital Structure
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- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Stockholm Sweden
- IPO Date
- Mar 28, 2022
- Website
- bawat.com
- Similar Companies
- Business
- Bawat Water Technologies AB is a maritime cleantech company that develops, manufactures, and markets chemical-free, heat-based ballast water management systems (BWMS) and water treatment solutions for the global shipping, offshore, and marine industries. Founded in 2011 and headquartered in Hørsholm, Denmark, with its registered corporate office in Stockholm, Sweden, the company operates primarily through its operating subsidiary Bawat A/S. The company utilizes a patented pasteurization technology that uses waste heat from ship engines to eradicate marine organisms in a single pass without the need for chemical biocides, ultraviolet (UV) irradiation, or fine mesh filters. The company's core product and service portfolio comprises ship-based ballast water management systems for vessel newbuild and retrofit integrations; mobile, containerized ballast water treatment systems designed for ports, terminals, and shipyards; Ballast Water as a Service (BWaaS), offering on-demand mobile ballast water reception, treatment, and contingency de-ballasting services; water pasteurization and biosecurity systems tailored for aquaculture and land-based industrial facilities; and aftermarket engineering support, including installation planning, system commissioning, remote diagnostic monitoring, maintenance, and spare parts supply. In recent developments, Bawat Water Technologies has expanded its global service infrastructure through a strategic joint venture and commercial cooperation with Damen Shipyards Group to manufacture and market mobile containerized port-based treatment systems. In addition, the company has accelerated the international deployment of its Ballast Water as a Service model across major European and North American maritime hubs, secured comprehensive International Maritime Organization (IMO) and United States Coast Guard (USCG) type approvals, and completed targeted equity financing rounds to scale its mobile fleet operations and broaden its technological applications in the aquaculture biosecurity market.