Last week, we hosted KMX’s partner, Sumitomo Electric, in Connecticut for strategic and manufacturing planning discussions.
We thank the Sumitomo Electric team, the State of Connecticut’s economic development group, AdvanceCT, and KMX’s advisors, including Barclays, for participating.
KMX’s deep expertise in vacuum membrane distillation (VMD) coupled with Sumitomo Electric’s manufacturing and technical excellence provides a strong foundation for the partnership’s growth.
KMX Sumitomo Strategic Planning Discussions in Connecticut
Source: KMX Technologies
Scaling Manufacturing for Commercial Growth
Strategic planning sessions centered on scaling and diversifying the manufacturing of KMX’s proprietary VMD technology.
KMX is solving water challenges and mineral opportunities across various industries of critical importance, including oil & gas produced water desalination, lithium concentration, and uranium mining.
“Goho Yoshi” – Sustainable Development and the KMX Sumitomo Partnership
As part of the discussions, KMX and Sumitomo Electric reaffirmed commitment to the sustainable development and growth of our expanding partnership.
As a result, the KMX Sumitomo Electric partnership is guided by the “Goho Yoshi” concept, a business philosophy that highlights multistakeholder benefits, and is rooted in Sumitomo’s mid-17th century principles for conducting business.
For more on Goho Yoshi, read here: Sumitomo Electric’s Pursuit of “Goho Yoshi”｜Nikkei Inc. Digital Edition Advertising Feature
What’s Next for the KMX Sumitomo Electric Partnership?
The KMX team is grateful for the support from Sumitomo Electric as part of KMX’s North American expansion.
The incorporation of next generation manufacturing initiatives, including automation and AI, as well as the further buildout and strengthening of KMX’s supply chain will enhance commercial growth of the partnership.
We look forward to sharing more on KMX’s exciting partnership with Sumitomo Electric soon.
– Zac
Zachary Sadow
Chairman & CEO
KMX Technologies