Water Generating Systems LLC (WGS), an Attleboro, Mass.-based international research and development and marketing company, held the first closing of Series B Financing.
This brought the total amount raised to $21.45m. This amount includes private investments and government contracts raised by its predecessor company, Marine Desalination Systems.
Led by CEO Peter Ottmar, WGS is an international product research and development and marketing company that has developed a line of portable atmospheric water harvesting products.
In addition to the financing, it has established a two-year partnership with Trident Maritime Systems, an electrical and mechanical systems design, engineering and integration company based in Iron Mountain, Mich.
FinSMEs
30/04/2015