TheWaveTalk, a developer of digital turbidity and bacteria sensors based on custom semiconductors, announced on the 24th that it has signed a Letter of Intent (LOI) with a global water company. The LOI holds great significance as it demonstrates worldwide recognition of TheWaveTalk's innovative technology.
The LOI outlines the scope and schedule for verifying TheWaveTalk's turbidity and bacteria detection technologies, leaving open the possibility of a strategic alliance for product purchase and development.
TheWaveTalk has developed a turbidity sensor that is 10 times smaller, 40 times longer-lasting, and 100 times more cost-efficient compared to existing sensor technologies. Additionally, its bacteria detection sensor, certified as a New Excellent Technology (NET) in Korea, has garnered attention as next-generation water quality sensor technology capable of real-time measurement of standard bacteria levels (100 CFU/mL) in purified water.
Currently, TheWaveTalk has successfully piloted the production of its turbidity sensors for water purifiers manufactured by the world's top home appliance company, with plans to begin full-scale production in 2025. The company is also engaging in NDA agreements and supply tests with major global water purifier companies in the United States, Europe, and India.
Kim Young-Dug, CEO of TheWaveTalk, stated, "This LOI signifies meaningful collaboration with a global leader in technology and markets. Through this cooperation, we have confirmed our potential for global market entry and will continue to grow with innovative technologies that meet world-class standards."
Cho Kyung-Man, Vice President of TheWaveTalk, added, "The LOI with the world's leading water quality monitoring company is a recognition of our turbidity and real-time bacteria measurement technologies, which require no maintenance or calibration—technologies they do not possess. We aim to drive the digital transformation of the water industry, from last-mile solutions like water purifiers to first-mile applications in municipal and industrial water."
Meanwhile, TheWaveTalk is actively pursuing investments and global technology exports to maximize corporate value, following the establishment of a stable revenue base in the domestic water purifier and water treatment plant markets. The company plans to lead the digital transformation of the water industry and achieve sustainable global growth through its innovative technologies.
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