Spokane Journal of Business
AquiPor Tackles Stormwater Challenges
Get rewarded for investing more into Aquipor:
gif
Stormwater runoff and urban flooding are wreaking havoc on our natural water systems by stressing the physical infrastructure of our cities more than any time in history. The combination of rapid urbanization, increased average rainfall, and deteriorating infrastructure has led to the discharge of over 10 TRILLION GALLONS of untreated stormwater, wastewater, and sewage into clean water bodies every year in the U.S.
At the same time, the cement industry is responsible for 8% of global CO2 emissions. AquiPor’s permeable concrete technology and engineering solutions are being developed to hopefully manage stormwater and urban flooding naturally. And, the cement technology that goes into all of our products is extremely low-carbon.
*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development.
AquiPor’s permeable concrete technology is being developed to be as strong as normal concrete, but it is water-permeable and allows stormwater to flow through it and back into the ground naturally. What makes AquiPor’s material unique is that it features sub-micron porosity, with pore size small enough to filter out most dirt, debris, and particles without clogging.
In conjunction with our permeable concrete technology, our novel engineered designs can help manage large volumes of stormwater from roadways, parking lots, and alleyways. With site-specific engineering, AquiPor material can be utilized to get filtered stormwater back into natural soils and eventually to our aquifers. ggif
*The brick shown here is a prototype that is still being developed
Our advanced solution to old-school concrete has the potential to embody to embody a fraction of the carbon footprint that normal concrete does, but still maintains strength and durability that rivals high-strength concrete. AquiPor’s concrete is made from reclaimed aggregate and a proprietary cement. Unlike portland cement, this low-carbon cement does not require a cement plant, and instead, utilizes industrial commodities that are sourced from the existing resource base.
AquiPor’s market opportunity comes at the intersection of water infrastructure, municipal stormwater, permeable pavement, and construction materials. As the U.S. looks to revamp critical infrastructure in the face of climate change, Billions will be spent to improve water infrastructure in the next ten years, with an estimated $32 Billion needed specifically for municipal stormwater upgrades each year.
As more cities adopt Green Infrastructure as an approach to stormwater management strategy, the projected value of the global permeable pavement market is expected to eclipse $22 Billion by 2026, while construction materials as a whole is expected to surpass $1.4 Trillion.*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development.
E.P.C.M. Project Contracts
AquiPor plans to operate as an engineering, procurement, and construction management (E.P.CM) company. In this model, we will negotiate project contracts with owners on select green infrastructure projects. We will work with our value chain partners to ensure quality control of each project that we undertake by approving the project engineering, product quality, and construction.
As an E.P.CM, AquiPor believes it can maintain more control over its own projects and can ensure proper design, installation, serviceability, and maintenance over the lifespan of each project.
We anticipate earning revenues through cost-plus contracts where we coordinate project design and engineering, procure all materials, and oversee project construction to ensure best practices.
Our initial target market will be urban and suburban neighborhoods, Homeowners’ Associations, and master planned community developers.
A Next-Generation Approach to Infrastructure Development
Our E.P.CM approach also lends itself to a project financing model that we believe will speed up the adoption of our technologies in cities. We intend to work with value-chain partners and preferred turnkey suppliers to design, procure, and construct green infrastructure projects directly. We plan to work with both private finance companies and public agencies to initiate, finance, and deliver these projects throughout the U.S.
Licensing
In addition to the E.P.CM model, AquiPor plans to standardize its permeable paver technology and license it to select manufacturers and resellers in North America. The paver market is mature and ripe for innovation. We anticipate products made with AquiPor’s technology selling for a premium over current pavers.
*The above graphic includes a representation of all the possible avenues for revenue, actual results and business plans may differ in the future.
AquiPor's IP: The Foundation of Future Success
AquiPor has the exclusive license to US Patents 9,943,791, 10,106,463 (with protections in Canada, Mexico, Australia, India, Israel, and Europe), 16/602,641, and 10,486,984. These patents cover first-gen chemical technology processes and marketable applications for our permeable hardscape products. AquiPor also has an option in place to acquire the licensing rights to a patent-pending, low-carbon cement technology, as well as rights to the Distributed Integrated Water Management System patent 10,865,547 (December 2020), and the exclusive Engineering, Procurement, and Construction Management (general site/civil/stormwater design engineering and project integration engineering; procurement of permeable precast, turnkey solar, & turnkey telecom; and general construction management) rights to a proprietary mixed utility approach for infrastructure projects. We believe these additional technology and engineering rights give AquiPor the assets to deliver on our vision of providing multi-utility green neighborhood infrastructure through their Engineering, Procurement, Construction, Management model.
gif
*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development.
*Comparison data computed based on preliminary internal testing and management's experience.
AquiPor is on a mission to transform old infrastructure systems into scalable green infrastructure in communities throughout North America. Streets and sidewalks that have traditionally been major contributors of stormwater runoff pollution can now become part of the solution.
*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development.
We are matching world-class technologies with a business model that scales. As climate change continues to challenge our cities, we are developing the technologies, people, and business model to deliver resilient green infrastructure in our neighborhoods.
*The above is a rendering of a future product. Images are computer generated demo versions. Product is still currently under development.
CURRENT STAGE
Dear current and prospective Investors:
This is a very exciting time at AquiPor. We have a major opportunity to solve some of the most pressing climate-related water challenges facing cities today. Rapid urbanization, extreme weather, and dilapidated infrastructure are stressing our clean water systems like never before.
We have developed our technologies and business model with this in mind, giving communities the ability to manage stormwater right where it falls and naturally recharge groundwater with infrastructure solutions that make our communities more resilient in the face of climate change.
Last year we completed our first successful crowdfund on StartEngine, raising $1.07M from over 2,000 investors. We were blown away by the support and are proud to say that our cap table now consists of thousands of investors that share our vision for the future. I’m happy to report that the funds we raised last year enabled the advanced development of our technologies and markets, and the opportunity to acquire explosive new technologies in solar and broadband that fit seamlessly into our civil construction approach to green infrastructure.
With these technologies in combination with our business model, we believe that we can not only help solve the climate crisis but also make our neighborhoods more financially productive by delivering critical infrastructure that pays for itself.
As we take the next big step and go to market with our solutions, we are now asking our community and new potential investors to join us as we seek to make an impact that can be generational.
Sincerely,
Greg Johnson
Co-Founder & CEO
AquiPor Technologies
AquiPor’s founders, advisers, and early investors form a team of gritty entrepreneurs and industry professionals that represent leadership in construction management, building materials, heavy civil contracting, mining, finance, and stormwater infrastructure. We believe we have assembled a team perfectly fitted to our mission of bringing scalable water management solutions to cities around the country.
We are asking you to join the AquiPor team on our mission to help bring infrastructure into the 21st century. Water is one of the most valuable natural resources in the world. The challenges presented by urbanization, climate change, and dilapidated infrastructure are stressing our clean waterways like never before. The challenge is great, but, the opportunity to make a difference is equally large.
Come along with us as we bring our proprietary technology to market in an effort to reshape the way we think about urban water management.
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD-LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
AquiPor Tackles Stormwater Challenges
Greg Johnson of AquiPor: Sustainability Leader
5 Top Emerging Stormwater Management Startups
AquiPor Announces new Permeable Hardscape Technology
10 Trillion Gallons of Stormwater Runoff Pollute our natural water sources each year. This materials technology startup wants to change that.
This porous pavement helps prevent flooding by absorbing rain
Company | : | Aquipor Technologies, Inc. |
Corporate Address | : | 4118 E. 33rd Ave., Spokane, WA 99223 |
Offering Minimum | : | $9,999.00 |
Offering Maximum | : | $3,930,894.00 |
Minimum Investment Amount(per investor) | : | $250.25 |
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 3,636 |
Maximum Number of Shares Offered | : | 1,429,416 |
Price per Share | : | $2.75 |
Pre-Money Valuation | : | $50,370,232.00 |
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based:
Lead Investor Bonus
Invest within the first 72 hours and receive an additional 20% bonus shares. This is the best time to invest!
Super Early Investor Bonus
Invest within the first week and receive 15% bonus shares.
Early Investor Bonus
Invest within the first two weeks and receive 10% bonus shares.
Amount-Based:
$250+: StartEngine Owners Bonus
This offer is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+: Making It Rain
Invest $500+ and you will get an additional 5% bonus shares.
$1,000+: The Water Keeper
Invest $1,000+ and receive an additional 10% bonus shares
$5,000+: Big Drip Energy
Invest $5,000+ and receive an additional 15% bonus shares.
$25,000+: The Real Green Deal
Invest $25,000+ and receive an additional 20% bonus shares.
$100,000+: Marquee Investor Exclusive
Invest $100,000+ and receive an additional 35% bonus shares.
*All perks occur when the offering is completed.
*Perks do not stack
The 10% Bonus for StartEngine Shareholders
AquiPor Technologies, Inc.will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $2.75/ share, you will receive and own 110 shares for $275. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
With over $1.2M raised, we’re making big strides as a Company. This is helping us develop the technology and business model needed to solve one of the most pervasive environmental issues that cities face today.
Let us paint a quick picture:
U.S. cities currently dump 10 Trillion gallons of polluted runoff and raw sewage into clean waterways every year.
This is because of outdated infrastructure, changing weather patterns, and the enormous amount of impervious surfaces in our cities.
Not even the biggest construction and engineering companies in the world are solving this issue in the most obvious place possible…paved surfaces.
But AquiPor is. Our permeable concrete technology can take the place of traditional pavements to not only manage stormwater right where it falls, but to also help recharge groundwater in a natural way.
Now is a great time to invest in the future of infrastructure and we intend to be at the forefront.
There is still time to invest in AquiPor and own shares in this leading edge climate tech startup!
To date, our crowdfund on StartEngine has enabled significant product and business development. This includes the start of small scale pilot manufacturing, lining up large scale material supply, and the continued improvement of our permeable catalytic concrete and multi-utility infrastructure technologies.
We were also chosen to participate in the exclusive USGBC-L.A. Net Zero Accelerator program and have made important in-roads with municipal and corporate decision makers as we get closer to commercialization.
This is just the beginning! Whether you’re a current investor looking to increase your holdings or you’re a new investor looking to add an impact investment to your portfolio, now is a great time to join the mission!
AquiPor’s crowdfunding campaign officially closes in 30 days! Now is the perfect time to take advantage of this investment opportunity before we transition to the next phase of our business.
We are making tremendous progress in product and business development and we’re just getting started!
If you’re a current investor looking to increase your holdings or you’re a new investor looking to join a cap table full of savvy impact investors, now is the time to invest!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Now that we have access to the desired raw materials for our permeable concrete (see previous update below!), we’ve been able to start perfecting the mix designs for our different product lines.
This last week we took a big step with our paver mix design as we improved the surface finish and durability, and honed in a more efficient, duplicable production process. They aren’t yet perfect, but we’re continuing to improve our products every single week!
We’re often asked if we’ll have a product line for residential pavers. Although our business model isn’t solely focused there, we do have plans to work with licensed manufacturers, distributors, and landscape retailers to produce and sell AquiPor permeable pavers for light commercial and residential applications. That represents a huge potential market.
We’ll continue to share these manufacturing and product updates with you as we’re able to. There are some exciting developments underway!
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Aquipor has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Aquipor be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
AquiPor’s permeable concrete is made from a proprietary mix of industrial minerals and a catalyst which gives it very unique material properties, intriguing economics, and an extremely low carbon profile.
The industrial minerals are sourced from some of the most abundant groups of minerals in the Earth’s crust, with huge levels of known reserves. The catalyst is sourced from the agribusiness industry.
Of course, these components come in different qualities and grades, and over the past several months our technology group has been rigorously testing different materials from various supply lines.
Thanks to the recent commitments from highly capable supply partners, our group has secured industrial mineral supplies which are capable of producing up to 25,000 cubic yards of concrete per month.
For context, this is enough for 5,000 permeable sidewalk panels and over 15 million permeable pavers. Along with that, a full feasibility study has been completed for a production plant capable of producing enough powdered minerals to support over 5 million cubic yards of our catalytic concrete.
Our goal is to use as much of this available supply as possible!
Why does this matter?
In this age of supply chain bottlenecks and “everything shortages”, being able to meet demand with ample supply is very important, especially in the construction industry.
And for our material suppliers, concrete represents a huge new vertical market and an opportunity to add tremendous productivity to the real economy.
There is a ton of stuff that needs to be built in the physical world. It might as well build it with cleaner, greener, and better materials. As we prepare to get into production and go-to-market, we have a path to achieve economies of scale to make sure it gets built the right way.
AquiPor was recently featured in Inhabitat Magazine, where tech journalist Laura Cowan discussed our permeable concrete technology and the role it can play in climate adaptation.
You can check out the article here: These upcycled bricks filter pollution from rainwater runoff
Greetings prospective investors!
For those of you whose investment has not officially closed, you should have received a notification from StartEngine to reconfirm your investment. Please look for that notification or check your investor dashboard and reconfirm as soon as possible.
Thank you all for your support!
We’re making big progress lining up our supply and manufacturing network, and getting closer to achieving a carbon neutral footprint in our products. We want to keep this momentum going!
We recently extended our campaign, which is considered a material change to our original Form C. This means that anyone whose investment has not officially closed will need to re-confirm their investment.
If you fall into this group of investors, you should have received a notification from StartEngine to reconfirm your investment. Please look for that notification and reconfirm.
If you were unable to reconfirm your investment, do not worry. You can simply re-invest in the campaign.
If you have any questions about your investment status, you can reach out to the StartEngine Investor Services Team at contact@startengine.com
Thanks for being a part of the AquiPor mission!!
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Aquipor offering. Here's an excerpt describing the specifics of the change:
Issuer is extending campaign end date.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}