The company's flagship product, the IntellisondeTM features up to 12 sensors in a tiny sonde head that inserts directly into a pipeline. The IntellisondeTM logs water quality data and provides remote access to the data through a variety of telecommunication options.
Uniquely, the IntellisondeTM technology offers utilities the ability to monitor water quality in the many thousands of miles of pipe that carry water to industrial and domestic consumers. This reduces the cost of water treatment, improves water quality and aids the management of water distribution networks.
Measurement options include Free Chlorine, Total Chlorine, Mono-chloramine, Dissolved Oxygen, Conductivity, pH, ORP/Redox, Flow, Pressure, Temperature, Turbidity and Colour. Importantly, none of these requires membranes or reagents for operation and the sondes can be deployed for long periods without the need for frequent recalibration or maintenance.
Commenting on the new funding requirement, Intellitect Water CEO Tony Halker says, "IntellisondesTM have been trialled successfully both in the UK and overseas, and we are now expanding the capacity of our sales department and ramping up production capability in order to be able to meet the needs of the market."
The new funding is comprised of capital from existing investors in addition to a £1 million commitment from Catapult Venture Managers Ltd, which specialises in SME technology businesses with rapid growth potential. Catapult's Investment Director Ray Harris says, "We are excited to become involved with Intellitect Water as the company moves from the development stage to growth. This business has a strong management team and the products have been extremely well received in the target markets, so the prospects for the future look very good."
Pemberstone investments limited, an existing major shareholder and early investor in the business has invested significantly in the new funding round.
