NEW YORK - To further advance The
The Slingshot water purification system uses a vapor compression distillation system that runs on low levels of electricity. The system boils and evaporates any dirty water source -- river water, ocean water and even raw sewage -- and then allows the pure water to condense and be collected. One Slingshot unit can purify up to 300,000 liters of water each year -- enough daily drinking water for roughly 300 people -- producing 10 gallons of clean water an hour while consuming less than 1 kilowatt of electricity, which is less than the amount of power needed to run a standard handheld hair dryer. The unit can be plugged into the local grid or can be powered by other locally available and renewable power sources such as solar cells, batteries, and DEKA's Stirling electric generator powered by biogases such as methane from local waste sources.
In 2013, the intent of the partnership is to deliver millions of liters of clean drinking water to schools, health clinics and community centers in rural regions of countries within Africa and Latin America which have already been identified as the areas of focus for the Slingshot placements next year. Longer term, the Company and DEKA will form additional partnerships and expand the effort to also install thousands of units to be operated and maintained annually in communities in India, the Middle East and Asia, in addition to Africa and Latin America. When fully scaled, the partnership is expected to add more than half a billion liters of clean drinking water per year to the global water supply.
"Water is becoming a scarce, valuable commodity. Today more than one billion people lack access to safe drinking water," said Muhtar Kent, Chairman and CEO, The
Before entering into this partnership,
"Having a longstanding relationship with The
The Company and DEKA R&D are actively working to secure partnerships with leading non-governmental organizations (NGOs) and development banks to help fund the projects, identify locations and support placement and on-the-ground support efforts moving forward. The companies will partner with Africare, a leading NGO in Africa, to field test Slingshot units in health clinics in the Eastern Cape of South Africa in 2013. The units will provide clean drinking water to the health clinics, which operate an HIV/AIDS intervention program that Africare is leading with support from The
"Equipping health care clinics with Slingshot water purification systems is an extension of the life-saving work
"Providing access to safe drinking water on a sustainable basis remains a pressing challenge in many rural and marginal urban areas of Latin America and the Caribbean," said Luis Alberto Moreno, President, IDB Group. "This partnership with
Kent continued, "Our sustainability initiatives have reinforced over and over again our belief in the power of collaboration. Global challenges like water scarcity are bigger than any one company or organization and require us to think and partner beyond our own circles. Only through collective action and innovation will we achieve results where it's most important."
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About The
The
About DEKA Research & Development
DEKA Research & Development Corporation, founded in 1982 by Dean Kamen, has partnered with many medical industry leaders to introduce new technologies that transform lives. DEKA R&D's 300 engineering professionals use a multidisciplinary approach that combines basic science with advanced technology to identify critical needs and solutions. DEKA R&D's activities include the full spectrum of research and product development, as well as low-volume manufacturing. DEKA R&D has developed products in robotics, mobility, prosthetics, and energy generation, and has more than three decades of experience in the field of fluid control and delivery. DEKA Research & Development is located in Manchester, New Hampshire.
About Africare
Africare is a leading NGO committed to addressing African development and policy issues by working in partnership with African people to build sustainable, healthy and productive communities. Founded in 1970 as a partnership between Africans and a diverse group of Americans, Africare's mission is to work to improve the quality of life for the people of Africa. The organization supports local initiatives, implements projects, and integrates activities across sectors in countries where the need is greatest, with its primary focuses on agriculture and food security; health, HIV and AIDS care; and water, sanitation and hygiene programs. To date, Africare has provided well over $1 billion of assistance and support through more than 2,500 projects that have impacted millions of beneficiaries in 36 countries in Africa. Today, under the leadership of Dr. Darius Mans, more than 150 Africare programs reach families and communities in 19 nations in Sub-Saharan Africa. For more information, please visit http://www.africare.org/.
About Inter-American Development Bank Group
The IDB Group provides financial products and technical resources to assist countries in Latin America and the Caribbean to reduce poverty and inequality in a sustainable manner. As a leading source of multilateral financing, the IDB Group seeks to create opportunities for cooperation in the region. For more information, please visit www.iadb.org or follow us on Twitter at twitter.com/IDBnews.
About The Multilateral Investment Fund
The MIF, a member of the IDB Group, supports economic growth and poverty reduction in Latin America and the Caribbean through encouraging increased private investment and advancing private sector development. It works with the private sector to develop, finance, and execute innovative business models that benefit entrepreneurs and poor and low-income households; partners with a wide variety of institutions from the private, public and nonprofit sectors; evaluates results; and shares lessons learned. The MIF is a laboratory for pioneering and testing market-based approaches to development, and an agent of change that seeks to broaden the reach and deepen the impact of its most successful interventions. For more information, please visit www.fomin.org.
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