FOR IMMEDIATE RELEASE November 18, 2022 (Houston, Texas, USA) – Drylet today announced a series of steps has been taken to immediately position the Company to achieve profitability and free cash flow. Given prevailing challenges with raising capital in today’s volatile financial markets, Drylet’s former CEO Trevor Turbidy and Drylet’s Board of Directors determined this
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Drylet, Inc. closes Series A Preferred Stock financing round, targeting biogas market expansion in the U.S. and Europe
FOR IMMEDIATE RELEASE November 30, 2020 (Houston, Texas, USA) – Drylet, Inc., an innovative biomethane generation technology leader, announced today the closing of its Series A Preferred Stock financing, raising $2.9 million. The financing round was led by GOOSE Capital, a Houston-based investment firm comprised of former Fortune 500 executives, industry leaders, ultra-high net worth
Dutch municipal WWTP achieves 25% dry solids reduction with Drylet’s Aqua Assist, research study shows
Annual savings on sludge handling costs were confirmed in a six-month full-scale trial AMSTERDAM, the NETHERLANDS (September 22, 2020) – A 25% reduction in WAS (Waste Activated Sludge) production year-over-year, from 200 tons to 155 tons of dry solids, was achieved using Drylet’s Aqua Assist at WwTW Halsteren, a low-load biological treatment plant in the
EPA determines Drylet’s biocatalyst has no impact on RIN designation under Renewable Fuel Standard program
HOUSTON, Texas (June 8, 2020) – The U.S. Environmental Protection Agency (EPA) has determined that Drylet’s renewable natural gas (RNG) boosting biocatalyst Bio React AD has no impact on biofuel pathways approved under the Renewable Fuel Standards (RFS) federal program, Drylet announces today. “Since Drylet’s technology is a catalyst material that is not converted to
Energy and finance industry veteran joins Drylet as new President and CEO
As Drylet is favorably positioned to grow its presence rapidly on the dynamic waste-to-energy market, Trevor Turbidy brings strong financial development and energy operations experience to the company. FOR IMMEDIATE RELEASE HOUSTON, Texas — (January 6, 2020) – Drylet, LLC, an award-winning bioremediation technology company with a strong waste-to-energy focus, announced today that Trevor Turbidy
Solar Impulse Efficient Solution Label awarded to Aqua Assist
Drylet’s solution for sewage sludge reduction also featured in Schneider Electric’s whitepaper “The Business Case for One-Planet Prosperity” FOR IMMEDIATE RELEASE HOUSTON, Texas (Aug. 7, 2019) – Aqua Assist, the innovative sewage sludge reduction solution by Drylet, was awarded the prestigious Solar Impulse Efficient Solution Label. At a time when fecal sludge management is being
Drylet’s technology selected to remediate algae infestation in Florida
HOUSTON, TEXAS (SEPTEMBER 19, 2018) – Drylet’s award-winning technology Aqua Assist has been selected to rid waterways of algae blooms in Florida. Through the efforts of local technology provider BBC Solar and More and its partner LM Technology, Aqua Assist will be applied to a first site identified by the City of Stuart. The Martin
Malcolm Fabiyi, Ph.D., joins Drylet as Chief Operations Officer
Dr. Fabiyi (right) receiving the Rudolfs Industrial Waste Management Medal from WEF in 2016. The award recognizes accomplishments in industrial waste management research. Global expert in wastewater treatment technology will accelerate Drylet’s momentum. December 18, 2017 (Houston, TX) – Drylet is proud to welcome Dr. Malcolm Fabiyi as its Chief Operations Officer and Vice President
Strategic relationship with Chinese PPP leader opens PRC market to Drylet
The partnership between Drylet and Nanjing Hoyo Municipal Utilities Investment Administration Group was finalized at the 2017 CEO Delegation to China led by Commerce Secretary Ross during President Trump’s visit to Beijing. FOR IMMEDIATE RELEASE Houston, Texas (November 9, 2017) – In a letter of intent signed Thursday, Drylet and the private group that operates
California Water Service Group partners with Drylet
September 29, 2017 (SAN JOSE, CA and SAN FRANCISCO, CA) – California Water Service Group (Cal Water), the third largest publicly traded water utility in the United States, and Drylet, a growth-stage wastewater remediation company, today announced a successful trial of a partnership aimed at driving performance in wastewater operations in multiple states using an
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