De.mem Ltd. (AU:DEM) has released an update.
De.mem Ltd., an Australian water treatment company, has officially received NSF 53 certification for its innovative Graphene Oxide membrane technology, allowing for expansion into the North American domestic water filtration market. The company anticipates over $1 million in revenue from North American and Australian markets within two years, with additional growth expected from new products and entry into Asian and European markets. This milestone marks the beginning of active commercialization efforts and partnerships to tap into a rapidly growing global market for domestic water filtration.
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