Thursday, April 27, 2017

Extracting water from air, Israeli firm looks to quench global thirst


Extracting water from air, Israeli firm looks to quench global thirst

Water-Gen Ltd., an Israeli company whose technology captures humidity in order to make drinking water out of air, is not likely to experience the cash-flow squeeze that afflicts many fast-growing companies. That's because Russian-Israeli entrepreneur and billionaire Michael Mirilashvili, who is also the vice president of the World Jewish Congress, bought control of the company last summer, and because it has high-profile advocates.

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