Cavitation Technologies, Inc. Establishes a Subsidiary, XYRA Corp., to Expand Into Crypto Technologies Market

Core Insights - Cavitation Technologies, Inc. has established a new subsidiary, XYRA Corp., to expand into the crypto technologies market [1][2] - XYRA Corp. will focus on developing and commercializing Cavitation Non-Thermal Plasma™ (CNTP) technology for submerged crypto mining operations [2][3] - The CNTP technology aims to provide efficient and sustainable cooling solutions, addressing challenges such as fluid breakdown, contamination, and costly waste disposal in the crypto mining sector [3][4] Company Overview - Cavitation Technologies, Inc. was founded in 2007 and specializes in innovative flow-through nano-technology systems for fluid processing applications across various industries [5][6] - The company holds over 40 patents domestically and internationally, with core products including Nano Reactor® systems that have scalable capacities from 10 to 500 gallons per minute (GPM) [6] Technology Advantages - CNTP technology offers a chemical-free solution that reduces environmental impact compared to traditional cooling methods, minimizes energy consumption, and lowers maintenance requirements [7] - The technology is adaptable to various mining operation sizes, from small facilities to large-scale farms, promoting strategic growth within the evolving crypto landscape [7]