Cavitation Technologies, Inc., a development stage company, engineers and designs Nano technology based systems that have applications in industrial liquid processing. The company has designed, developed, and patented two proprietary Nano Reactors (Nano Reactor). In addition, the company has filed various process patent applications incorporating these patented devices for processing fluids in vegetable oil refining, waste water treatment, algae oil extraction, and alcoholic beverage enhancement. Vegetable Oil Refining The company's first commercial application for its technology is CTi Nano Neutralization. This patent pending process is designed to be incorporated into new and existing soybean, rapeseed, and canola oil chemical refineries. Agreements The company has a global research and development, marketing, and technology license agreement with Desmet Ballestra Group s.a. (Desmet), a Belgian company that is marketing the NANO Neutralization System, the primary component of which is the company's reactor to soybean and other vegetable oil refiners. The agreement provides Desmet (licensee) a license and right to develop, design, and supply Nano Reactor systems, which incorporate Nano Reactor devices on a global basis and is limited to oils and fats and oleo chemical applications. The company (licensor) remains owner of the patents and patent applications, and Desmet would be co-owner of any new process patent applications jointly developed. Desmet, together with its affiliates, is a global engineering and equipment supply firm engaged in the development, design, and supply of process equipment for oils and fats processing facilities, including vegetable oil refining, biofuel, oleo chemical, seed crushing, surfactant, and detergent markets. The company's Nano Neutralization is designed to be used as an add-on process to an existing neutralization system within soybean and other vegetable oil refineries. Desmet is focused on marketing the company’s Nano Neutralization to vegetable oil refiners. The company focuses on developing additional Nano Reactor applications and managing the intellectual property issues associated with new developments. Desmet has relationships with major refiners worldwide. A portion of global vegetable oil refineries include major refiners, such as Archer Daniels Midland Company; Cargill, Inc.; and Bunge Limited. Desmet has approximately 40 sales representatives selling in North America, South America, Europe, and Asia. The company has a technology and licensing agreement with the GEA Group AG - Westfalia Separator Group GmbH, Oelde, Germany (GEA Westfalia). The companies have agreed to jointly develop and patent new process applications for the company’s Nano Reactor. GEA Westfalia is a major worldwide supplier of process equipment to industries, including dairy and beverage. Research and Development The company’s investment in research and development was $40,820 for the year ended June 30, 2014. Patents The company has a Cavitation Generator patent. It also has a patent for its Multi-State Cavitation Device. In addition, the company has 16 U.S. and 9 PCT/international patent applications pending, which apply to the design of the company's reactor and the processes related thereto.
cavitation technologies inc
(CVAT:OTC Markets Group Inc - OTCQB)
10019 Canoga Avenue
Chatsworth, CA 91311
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