De.mem Ltd. (AU:DEM) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
For further insights into AU:DEM stock, check out TipRanks’ Stock Analysis page.