On Page 4 of the presentation, PEH stated under Market Sizing that 'Of the $900bn USD environmental technology market, EnviroSuite addresses a market of $3 to $4bn USD.'
I also note that PEH have stated they are targeting Europe, South-East Asia and North America.
Furthermore, PEH have stated they have one client out of a potential 7000+ global clients for its water module which can provide assistance in wastewater treatment.
Fast forward to today's article in the International New York Times and it highlights the massive potential of PEH in wastewater treatment in the US as follows:
Over all, repairing our water and wastewater systems could cost $1.3 trillion USD or more, according to the American Society of Civil Engineers. We need to do this to improve water quality, protect natural ecosystems and ensure a reliable supply for our cities, agriculture and industry.
We also have to fix our data gaps. We are operating blind. Compared to sectors like energy, where robust statistics on prices, production and consumption are generated weekly, key information on water use and supply is missing or published only every few years.
We should increase the federal budgets for water monitoring. Establishing a Water Information Administration, just as the Department of Energy has an Energy Information Administration, to collect, curate and maintain up-to-date, publicly available water data that would inform policy makers and the markets.
EVS Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
