Ottawa, Ontario--(Newsfile Corp. - May 25, 2023) - BluMetric Environmental Inc. (TSXV: BLM) ("BluMetric" or "the Company"), a full-service environmental consulting and engineering cleantech firm is pleased to announce the award of a 3-year $11.7 million contract from Rheinmetall Canada.
BluMetric is teaming with Rheinmetall Canada, who is the prime contractor and an internationally recognized systems integrator, to develop and deliver small, self-contained water purification systems as part of a contract awarded by the Canadian Armed Forces (CAF). This product, named the Advanced Sub-Unit Water Purification System (ASUWPS), will enhance the ability of the CAF to support missions by providing the capacity to purify water at the sub-unit level - providing potable water for 125-250 personnel. The ASUWPS are a smaller, lighter system than BluMetric's Reverse Osmosis Water Purification Unit (ROWPU), which BluMetric has been building and supporting for the CAF for the last ten years.
"We are proud to partner with Rheinmetall Canada to support the CAF," said Scott MacFabe, BluMetric CEO. "Together, we're bringing proven Canadian innovation and experience to provide mission-ready water in a world of uncertainty."
BluMetric expanded its cleantech production footprint in Ottawa, and the increased capacity will allow the Company to deliver on this contract and future programs to design and build water and wastewater treatment systems. Work on this contract will begin immediately, with final delivery of the water purification systems expected by 2025.
About BluMetric Environmental Inc.
BluMetric Environmental Inc. is a publicly traded environmental consulting and engineering company with expertise across professional and trade disciplines and technologies that allow for the design, fabrication and delivery of sustainable solutions to environmental and water challenges. BluMetric has more than 160 employees operating in ten offices and over 40 years of expertise. Headquartered in Ottawa, Ontario, BluMetric's team of industry experts serves Commercial and Industrial, Military, Mining and Government clients in Canada and the United States.
About Rheinmetall Canada
Rheinmetall Canada is the Canadian arm of Germany's Rheinmetall Group, Europe's largest supplier of systems and equipment for armed forces and security services. With employees at locations in Saint-Jean-sur-Richelieu, Ottawa, and other offices throughout the world, Rheinmetall Canada has accumulated over 35 years of expertise in innovative solutions for system integration, real-time command and control software development, and communication solutions.
For more information, visit www.blumetric.ca or please contact:
Scott MacFabe, CEO
BluMetric Environmental Inc.
Tel: 1-877-487-8436
Email: smacfabe@blumetric.ca
Vivian Karaiskos, CFO
BluMetric Environmental Inc.
Tel: 1-877-487-8436
Email: vkaraiskos@blumetric.ca
Forward-Looking Statements
Some of the statements in this press release, including those relating to the Company's quarterly and annual results, future products, opportunities and cost initiatives, strategies, and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, are forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates, and projections regarding future events. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR at www.sedar.com. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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