Oasys to open research site in South Boston
Oasys Water Inc., a company that is developing technologies to produce clean water, will open a research facility in the section of South Boston that city officials have designated as the Innovation District. The company is also moving its headquarters from Cambridge to a nearby site.
The research facility will be at 7 Tide St. in the Boston Marine Industrial Park, with the new headquarters a block away at 21 Drydock Ave. The company will discuss the move in a press event today with Boston Mayor Thomas M. Menino and Oasys’s chief executive, Aaron Mandell. Menino and guests will be invited to drink ocean water desalinated with Oasys Water’s proprietary process.
Oasys, which has raised $10 million in venture capital since it was founded in 2008, said its technology for purifying water uses 90 percent less energy than conventional methods. The company has 15 employees.
Mandell said the company is moving to the Innovation District “because we were looking for something that has the same innovative spirit as Kendall Square, where we were founded, but also has the large industrial space we need to manufacture and assemble large-scale water desalination systems.’’
Mandell added that the facility’s location near Boston Harbor also gives it “access to unlimited, testable saltwater.’’
Oasys will join other “clean technology’’ firms in the South Boston district, including battery company FastCAP Systems Corp.; Satcon Technology Corp., which makes equipment to convert or store power; and Next Step Living Inc., a residential en ergy-efficiency company.
Menino said in a prepared statement that Oasys’s move shows “the Innovation District is a great home for clean tech companies.
“What’s even more exciting is how these different companies are exchanging ideas and working together. They are underscoring how important proximity is to job creation and economic breakthroughs in today’s world.’’
D.C. Denison can be reached at firstname.lastname@example.org.