Marketplace®

Daily business news and economic stories

A cool drink of (ocean) water

A start-up company that specializes in taking the salt out of seawater just announced a $10 million round of venture capital. Oasys claims it can…

A start-up company that specializes in taking the salt out of seawater just announced a $10 million round of venture capital. Oasys claims it can produce drinkable water at half the cost of current desalination methods with a new patented process. This could be a huge breakthrough, considering the water shortage issues around the world. I mean, if we can drink the ocean for a reasonable price, we’d be set, right? This picture, though, just makes me think of too much saltwater up my nose.