Enpar Technologies Inc. (ENP.V) recently caught the market's attention. They recently received a $1.5 M dollar contract from Chemsbro of Saudi Arabia.
At the time of the release, this represented 15% of Enpar's market capitalization ($10M).
ENP's main differentiation is the usage of an electro-chemical process to purify the water. The company has two main products a) An electrostatic discharge (ESD) water treatment system and b) AmmEL which convert ammonia into environmentally friendly nitrogen.
Within the past year, the company is gaining traction with different partners: a) an unnamed petrochemical company, b) an unnamed US engineering firm, c) Eurodia (agriculture & food), and d) The Saudi Brothers.
Debt free, with only 113M shares outstanding (of which 67% are from insiders) ENP.V should be on your radar if you're interested in green technologies.
And oh, if you need a glimpse of the addressable market - here is a good place to start.
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