Energy Recovery Announces Share Repurchase Program

SAN LEANDRO, Calif.—March 8, 2018 — Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced that its Board of Directors approved a share repurchase program that authorizes the company to purchase up to $10 million of the company’s outstanding common stock. Energy Recovery’s President and CEO Chris Gannon stated, […]

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Energy Recovery to Participate in JMP Securities Technology Conference

SAN LEANDRO, Calif.—February 27, 2018 – President and CEO Chris Gannon will be participating in a Fireside Chat presentation to investors in San Francisco today as part of the JMP Securities Technology Conference. The event will be webcast and can be accessed by the Energy Recovery Investor Relations website or via http://wsw.com/webcast/jmp35/erii/. About Energy Recovery, Inc. Energy […]

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Chris Gannon Appointed Interim President and CEO of Energy Recovery

SAN LEANDRO, Calif.—February 27, 2018 – The Board of Directors of Energy Recovery announced today the resignation of President and Chief Executive Officer Joel Gay.   The Board has accepted Mr. Gay’s resignation and appointed current Chief Financial Officer Chris Gannon as interim President and Chief Executive Officer effective immediately. Mr. Gay submitted his resignation to the […]

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Energy Recovery Awarded $6.2 Million for Desalination Projects in Saudi Arabia

SAN LEANDRO, Calif.—February 21, 2018 — Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced total awards of $6.2 million to supply its PXTM Pressure ExchangerTM technology for desalination projects in Saudi Arabia. The orders are expected to ship in the 1st half of 2018. Energy Recovery will supply its PX-Q300 Pressure Exchangers for […]

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Energy Recovery Awarded $2.9 Million for Desalination Projects in Asia

SAN LEANDRO, Calif.—February 14, 2018 — Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced total awards of $2.9 million to supply its PXTM Pressure ExchangerTM technology for desalination projects in Asia. The orders are expected to ship in the 2nd quarter of 2018. Energy Recovery will supply its PX-Q300 Pressure Exchangers for multiple […]

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Energy Recovery Awarded $2.5 Million for Desalination Projects in Saudi Arabia

SAN LEANDRO, Calif.—August 10, 2017 — Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced total award of $2.5 million to supply its PXTM Pressure ExchangerTM technology for desalination projects in Saudi Arabia. The orders began shipping in the second quarter of 2017, with expected completion by the third quarter of 2017. […]

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Energy Recovery Announces Launch of MTeq for Mud Pumping and Agreement with Sidewinder Drilling LLC as Maiden Early-Stage Partner

SAN LEANDRO, Calif.—May 2, 2017 — Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced the release of MTeq, a pumping solution engineered to increase productivity and reduce operating costs in the mud pumping process in Oil & Gas drilling applications by rerouting abrasive fluids away from high-pressure pumps. In […]

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Energy Recovery Awarded $3 Million for Desalination Retrofit Projects in Europe

SAN LEANDRO, Calif.—April 24, 2017 — Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced total awards of roughly $3 million to supply its PXTM Pressure ExchangerTM technology to retrofit several desalination plants in Europe. The orders are expected to ship in the in the second half of 2017. Energy Recovery will […]

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Energy Recovery Signs Licensing Agreement with Alderley for Centrifugal Products in the GCC

SAN LEANDRO, Calif., April 5, 2017  — Energy Recovery, Inc. (NASDAQ: ERII), the leader in pressure energy technology for industrial fluid flows, today announced a new licensing agreement with Alderley plc, a leading global supplier of integrated modular skid systems for oil and gas applications. The 10-year licensing agreement will grant Alderley exclusive rights to sell and […]

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Energy Recovery Selects Kemper as Design Partner for Second Generation VorTeq Missile

SAN LEANDRO, Calif.—March 28, 2017 — Energy Recovery, Inc. (NASDAQ:ERII), the leader in pressure energy technology for industrial fluid flows, today announced a new partnership with Kemper Valve and Fittings Corp., a Caterpillar company (NYSE: CAT), to design and produce the second generation manifold trailer, or missile, for Energy Recovery’s VorTeqTM hydraulic pumping system. The VorTeq system is […]

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