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Energy Recovery Inc

Energy Recovery, Inc. is a public company that is listed on the NASDAQ stock exchange under the ticker symbol ERII. The company is based in California, USA and is involved in the business of designing, manufacturing and selling energy recovery devices for water and wastewater treatment, chemical processing, and oil & gas applications.

Here are some key facts about Energy Recovery, Inc:

1. Energy Recovery, Inc was founded in 1995 and has since been pioneers in the development of energy recovery technology that helps in reducing energy costs and carbon footprint for various industries.

2. The company's flagship technology is called the PX Pressure Exchanger, which recovers energy from high-pressure fluid streams and converts it into usable electrical power, reducing the amount of energy required to run their operations.

3. In addition to the PX Pressure Exchanger, Energy Recovery also offers the Vortisand System, a membrane filtration system designed for various industrial applications, such as desalination, water reuse, and wastewater treatment.

4. The company has a global presence, with over 20,000 energy recovery devices installed worldwide. Their clients include some of the world's leading companies in the chemical processing, oil & gas, and water treatment industries.

5. In recent years, Energy Recovery has made significant strides in expanding its offerings beyond energy recovery, acquiring a water technology company in 2017 to diversify its product portfolio.

6. Over the years, Energy Recovery has received several awards and recognition for its innovative technology and sustainability efforts, including being named as one of the "100 Most Promising Companies in America" by Forbes magazine in 2013.

7. As of March 2023, the company's market capitalization stands at around $668 million, and the stock has been steadily rising over the past few years.

Overall, Energy Recovery, Inc. is a leading provider of energy recovery solutions that help companies reduce their energy costs and environmental footprint. With a growing global presence, diversifying product offerings, and a strong track record of success, Energy Recovery, Inc. is well-positioned for future success.

However, it's important to remember that investing in the stock market always carries risk, and it's important to do your own research and consider your own financial goals and risk tolerance before making any investment decisions.

Please be aware that this information was accurate as of the current date(03/02/2023) and is subject to change. Stock market data and company financials can change rapidly, so it's important to do your own research and consult reliable sources for the most current information.

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