Water Ways Technologies Inc. announced that it has received an order to deliver and install a 274 hectares (677 acres) turnkey Banana irrigation project in the Asian country of Laos. The Company will provide a complete smart irrigation system including drip lines, water treatment, filtration, reservoirs and pumps to a recurring customer. The order was received from an existing customer who is currently expanding his high density Banana plantation in Laos.

The total value of the order is approximately CAD 930,000. The Company expects to commence the project during second quarter of 2023. Delivery and installation of the system will take place during 2023 and first quarter of 2024 and revenues are expected to be recognized during the installation period.