# Aquafortus licensee PetroH2O forms joint venture with Pilot Corporation

PetroH2O, Aquafortus' US licensee, entered a joint venture with Pilot Corporation to form Hyperion Water Technologies, with a $25 million commitment to deploy Aquafortus ZLD technology in the US oil and gas market in 2020.

- Type: Partnership
- Announced: 2020-02-12
- Where: Europe, United States
- Value: $25.0M
- Status: announced
- Products: wastewater recovery technology, ZLD technology
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Aquafortus Technologies](https://endata.com/companies/45235.md)
- [Pilot](https://endata.com/companies/43921.md) (partner)
- [PetroH2O](https://endata.com/companies/45236.md) (partner)
- [Hyperion Water Technologies](https://endata.com/companies/45237.md) (partner)

## Sources

- [scoop.co.nz](https://www.scoop.co.nz/stories/BU2002/S00169/aquafortus-announces-two-significant-developments-in-global-expansion.htm), 2020-02-13: "The joint venture has been established to bring Aquafortus technology to the US oil and gas market and launches with a USD25 million commitment from Hyperion to deploy the Aquafortus ZLD technology in 2020."
- [amcham.co.nz](https://amcham.co.nz/Latest-News/8820407), 2020-02-14: "These developments represent significant milestones and reflect both the quality of and environmental potential for Aquafortus technology to improve how wastewater is processed on a global scale."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.