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PowerVerde Inc. and 374Water Inc. have executed a binding Letter of Intent to merge. The combined company will offer a water and waste resource recovery system using Supercritical Water Oxidation and PowerVerde's wet steam cycle.
“The merger of our two companies will be a transformative event for PowerVerde shareholders, allowing us to expand beyond our heat-to-energy systems into a complete clean tech solution with worldwide sales potential.”prnewswire.com
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