Fuel Tech Announces Demonstration Agreement for DGI® Dissolved Gas Infusion Technology

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Fuel Tech, Inc
Fuel Tech, Inc

WARRENVILLE, Ill., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced that its DGI® Dissolved Gas Infusion technology has been selected for an extended demonstration at a fish hatchery in the Western US. The project will involve defined test protocols to evaluate the benefits of the Company’s DGI technology to supply consistent and precise levels of dissolved oxygen (DO) in the raising of gamefish in a controlled environment.

Providing consistent levels of DO in the grow basins for fish hatcheries and other aquaculture applications is critical to growth rates, overall animal health, survival rates, and potentially stocking density and food conversion ratios. The goals of this demonstration will be to evaluate DGI and to collect sufficient data to publish a case study for a complete grow cycle, estimated at four to six months. Equipment deliveries are expected in the first quarter of 2025.

Vincent J. Arnone, President and Chief Executive Officer, commented, “We are excited to announce this new DGI technology demonstration, our second at an aquaculture facility. We look forward to gathering additional evidence in support of DGI’s capability to positively impact the aquaculture market, while we continue to pursue DGI opportunities in a wide range of water treatment applications.”

About Fuel Tech

Fuel Tech develops and commercializes state-of-the-art proprietary technologies for air pollution control, process optimization, water treatment, and advanced engineering services. These technologies enable customers to operate in a cost-effective and environmentally sustainable manner. Fuel Tech is a leader in nitrogen oxide (NOx) reduction and particulate control technologies and its solutions have been installed on over 1,300 utility, industrial and municipal units worldwide. The Company’s FUEL CHEM® technology improves the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion and opacity. Water treatment technologies include DGI® Dissolved Gas Infusion Systems which utilize a patented saturator and a patent-pending channel injector to deliver supersaturated oxygen solutions and other gas-water combinations to target process applications or environmental issues. This infusion process has a variety of applications in the water and wastewater industries, including remediation, aeration, biological treatment and wastewater odor management. Many of Fuel Tech’s products and services rely heavily on the Company’s exceptional Computational Fluid Dynamics modeling capabilities, which are enhanced by internally developed, high-end visualization software. For more information, visit Fuel Tech’s web site at www.ftek.com.