Applied Engineering Technologies has scored a $38,000 grant from the state of Michigan to further the development of its wastewater-treatment technology.
The Ann Arbor-based company has secured five patents on its technology that helps wastewater treatment centers clean dirty water in a more efficient manner. "It's a process-patent technology where we use different processes to treat storm water," says Saad Ghalib, president & founder of
Applied Engineering Technologies.
Applied Engineering Technologies installed its first system in Dearborn a few years ago. It is now dealing with three cities and is fielding interest from government agencies in England and South Korea.
That interest has led the company to begin raising some seed capital. It hopes to closed on a $2 million Series A round next year. That money will help them to continue to develop the technology and add to their staff of four employees and two independent contractors. Ghalib is currently looking to add three people to the firm’s staff right now.
"We need several people," Ghalib says. "We need management and sales people and engineers."
Source: Saad Ghalib, president & founder of Applied Engineering Technologies
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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