The Artemis Project Top 50 Unveils 2011’s Most Innovative Water Technologies

Annual Competition Evaluates Emerging Companies for Promising Sustainable Water Management

Ontario H20 Global Water Leadership Summit

TORONTO--()--The Artemis Project, a boutique consulting practice dedicated to helping companies thrive in a world of increasing water scarcity, has announced the 2011 Artemis Project Top 50 award honorees. The Top 50 identifies the most promising companies that are applying innovation in the market to address today’s dire water challenges. The Artemis Project revealed the companies at the Ontario H20 Global Water Leadership Summit occurring through tomorrow at the Metro Toronto Convention Center in Toronto, Canada.

Since 2009, the Artemis Project Top 50 has served as a primary resource on the most promising emerging water technology solutions for investors, water equipment and chemical companies, and prospective customers. Eligible companies must have completed product development and have annual revenues of less than $25 million.

"The Artemis Top 50 is the water industry’s benchmark for recognizing innovation that will matter. It identifies the entrepreneurs that are applying technology to meet the world's water challenges,” noted Laura Shenkar, principal at The Artemis Project. “Water tech is quickly becoming an engine for economic development and job growth. With these awards, we strive to identify the companies offering the most promising technologies coming onto the market.”

The 2011 competition brought together leading experts in the water industry to evaluate the nominated solution, its value in application, and the companies’ core team. The judges for 2011 include: Bill Wescott, Veolia Water; Steven Kloos, GE Water & Process Technologies; Peter Williams, IBM Green Innovations; Chris Morrison, Nalco; Peleg Chevion, Syngenta; Paul Gagliardo, American Water; Andrew Salveson, Carollo Engineers; Jean Debroux, Kennedy Jenks; Paul O’Callaghan, O2 Environmental; John Simpson, GSA and Rengarajan Ramesh, Wasserstein & Co. The Artemis Project solicited input from the U.S. Environmental Protection Agency in developing environmental, sustainability and quality assurance/quality control application questions for this year's contest, although this does not imply an endorsement of any technology.

The Artemis Project Top 50 by the numbers:

Culled from over 200 applications — a 30 percent increase from 2010 — the companies named to the 2011 list are applying innovative technologies to provide more sustainable water management. They are helping to manage infrastructure, recover valuable resources from waste, and preserve natural ecosystems. They work in fields such as energy-efficient wastewater treatment, smart grid water management, biosolids conversion to energy, pollutant biodegradation, and reverse osmosis desalination.

Companies by industry application:

  • infrastructure solutions: 18
  • water and wastewater treatment: 23
  • wastewater recovery solutions: 9

Companies by geography:

  • USA: 31
  • Canada: 7, of which Ontario has 4
  • Israel: 7
  • One each in Australia, Denmark, Ireland, Luxembourg, the Netherlands

Other data points related to the 50 companies:

  • focused on solutions related to the oil and gas industry: 16
  • focused on solutions related to integrated onsite water treatment: 18
  • with over $5 million in revenue: 17
  • backed by venture funding: 30

Below is the full list of The Artemis Project Top 50:

1   212 Resources
2 ABS Materials, Inc.
3 AbTech Industries
4 Altela, Inc.
5 American Micro Detection Systems, Inc.
6 APG-Neuros, Inc.
7 APTwater
8 Aqua-Pure Ventures
9 Aquaporin A/S
10 Aquarius Technologies Inc.
11 Aqwise
12 BioPetroClean
13 BlackGold Biofuels
14 CheckLight
15 Clearwater Systems Corporation
16 Derceto Inc
17 Desalitech
18 Drake Water Technologies, Inc.
19 Ecosphere Technologies, Inc.
20 Emefcy
21 ENBALA Power Networks Ltd.
22 Environmental Operating Solutions, Inc.
23 Epuramat S.A.
24 Evandtec Inc.
25 eWater Innovation
26 Falcon Waterfree Technologies
27 Hadronex, Inc.
28 HaloSource
29 Hydration Technology Innovations
30 HydroPoint Data Systems, Inc.
31 Hydrovolts Inc
32 M2 Renewables, Inc.
33 Marrone Bio Innovations
34 MaxWest Environmental Systems, Inc.
35 Microvi Biotech Inc.
36 MIOX Corporation
37 NanoH2O, Inc.
38 NovaThermal Energy
39 OndaVia, Inc.
40 Ostara Nutrient Recovery Technologies Inc.
41 PAX Water Technologies, Inc.
42 Puralytics
43 Purifics ES Inc.
44 SCFI Group Limited
45 SolarBee, Inc
46 TaKaDu
47 TransBiodiesel Ltd
48 UV Pure
49 Voltea
50 VRTX Technologies

Links in this release:

About The Artemis Project:

The Artemis Project™ is a boutique consulting practice dedicated to helping companies thrive in a world of increasing water scarcity. We operate at the intersection of corporate strategy, advanced technology, investment and policy. We work with global corporations to achieve a sustainable competitive advantage through operational excellence in water management and assist advanced water technology companies in maximizing the value they bring to their customers. For more information visit:


The Artemis Project
Laura Shenkar, 415-751-0100
Sterling Communications for The Artemis Project
Lisa Hawes, 408-884-5155


The Artemis Project
Laura Shenkar, 415-751-0100
Sterling Communications for The Artemis Project
Lisa Hawes, 408-884-5155