Xylem and Mekorot's WaTech Finalize Cooperation Agreement
Companies will explore water and wastewater solutions
Xylem Inc. has announced that it has signed a cooperation agreement with WaTech, the technological development center of Mekorot—Israel's national water company—to evaluate new water technologies and accelerate commercialization of innovative products and services. Under the agreement, the organizations will jointly assess emerging technologies related to water quality and security, optimization of water supply and sustainable water and wastewater treatment and reuse.
"We are proud to be partners with Mekorot WaTech on this meaningful initiative," said Steve Loranger, CEO and president of Xylem. "Innovative and pioneering product development is at the very heart of what Xylem does. As global leaders in water, our mission is to play a leading role in solving the multifaceted issues we all face in securing a safe and sustainable water supply."
"We are delighted by this partnership agreement with Xylem," said Simon Ben-Hamo, CEO of Mekorot. "We are dedicated to seeking and developing new technologies as a central part of Mekorot. Our partnership with Xylem marks a new era in our mutual advancement in developing global state-of-the-art water sector products."
In addition to facilitating the joint evaluation of new technologies by the two companies, the cooperation agreement will enable Xylem to test new products at Mekorot facilities as a way to demonstrate product viability, providing the opportunity to accelerate development.