Every two minutes, a sewer main breaks in the United States, creating an unprecedented challenge for businesses and municipalities alike. As our aging water infrastructure continues to crumble, companies are taking matters into their own hands, leading to a revolutionary shift in how we approach water treatment and management.
In this episode of Liquid Assets, we sit down with Riggs Eckelberry, CEO of OriginClear, who brings a unique perspective from his journey through tech disruption to water innovation. From his early days as a ship captain to leading software companies and eventually pioneering "Water as a Service," Eckelberry shares how his diverse background helped shape a new approach to solving America's water crisis. Through OriginClear, he's transforming the traditional hardware-focused water treatment industry into a service-based model, making clean water accessible and affordable for businesses of all sizes.
The conversation delves into how decentralized water treatment is becoming the new normal, with businesses bypassing failing municipal infrastructure to ensure their survival. Eckelberry explains the parallels between the solar industry's power purchase agreements and OriginClear's innovative water purchase agreements, showing how financialization of water treatment could be the key to solving our infrastructure challenges. As the company prepares for its NASDAQ debut, we get an inside look at how this small company's disruptive approach could reshape the future of water treatment.
What you'll hear in this episode:
How every two minutes, a sewer main breaks in the United States, creating an urgent need for innovative solutions The transformation of water treatment from a hardware-based industry to a service-based model Why businesses are increasingly taking control of their own water treatment The parallels between solar power purchase agreements and water treatment financing How decentralization and modular systems are revolutionizing water treatment The journey of taking a water technology company from penny stocks to NASDAQ
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