RWL – Rubicon Water | Aussie Stock Forums

Rubicon is a water technology solutions business that designs, manufactures, installs and maintains irrigation automation software and hardware. Rubicon aims to address the issue of global water scarcity by maximising water availability and agricultural productivity through improved irrigation water use efficiency.

Rubicon’s solutions are used by governments, irrigation water authorities and farmers to modernise gravity-fed irrigation distribution channel networks and on-farm irrigation systems. The solutions improve water-use efficiency by reducing spills, accurately measuring and accounting for water, and improving the reliability, flexibility, timeliness and accuracy of supply of water to farms.

Rubicon commenced international operations in 2006 with the establishment of Rubicon’s USA business, where Rubicon currently has a number of irrigation water authority customers. Rubicon’s entry into other international markets has since followed, including China and Europe in 2009, and Latin America and New Zealand in 2012 to 2013.

In February 2019, Rubicon was awarded the contract to modernise irrigation regions within the Upper Krishna Project in the state of Karnataka in India (KBJNL Project Contract).

It is anticipated that RWL will list on the ASX during September 2020.

 

Be the first to comment

Leave a Reply

Your email address will not be published.


*