Genesis Systems, LLC, a global leader in developing water scarcity solutions through advanced materials and technologies, acquired Molecule, Inc., an Huntington Beach, CA-based innovator in materials sciences with a research, intellectual property, and product portfolio.
The amount of the deal was not disclosed.
Genesis Systems develops and creates solutions for the U.S. Department of Defense and private sector to supply fresh water in remote and austere areas and for applications including potable water, energy (hydrogen and nuclear), space infrastructure, irrigation, and chip fabrication and data centers.
Molecule’s All-Weather Atmospheric Water Generator, levers the sorbent technology to boost low temperature / low humidity performance. This design uses common dehumidifier and air conditioner technology, making it an ideal solution for many regions where a new source of decentralized and distributed drinking water is desired.
FinSMEs
01/05/2023