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Kingston, Ontario–(Newsfile Corp. – March 11, 2026) – This corporate update provides shareholders of Grafoid Inc. (“Grafoid” or the “Company”), with a summary of operational activities during the 2025 fiscal year and early 2026.<\/p>\n
Unless otherwise indicated, the information below reflects management’s current expectations and may contain forward-looking statements (see “Forward-Looking Information” below).<\/p>\n
Corporate Overview<\/b>
\nDuring 2025, the Company continued its transition from a research-focused nanomaterials enterprise toward the commercialization of water purification and water conservation technologies under its Purafy platform.<\/p>\n
The Company’s current product focus includes:<\/p>\n
Management’s primary objective is advancement toward commercialization, validation, and strategic distribution partnerships.<\/p>\n
Portage Portable Water Purification System<\/b>
\nIn early 2025, the Company completed a manufacturing prototype of the Portage system with product development support from Inertia Group Ltd.<\/p>\n
Manufacturing and Assembly<\/b>
\nThe Company entered into an assembly and distribution relationship with Electromaax, a manufacturer of marine watermakers and energy recovery pumps. Electromaax manufactures the enhanced Clark pump utilized in the Portage desalination configuration.<\/p>\n
Electromaax is currently assembling an initial production batch of ten (10) Portage units intended for:<\/p>\n
No assurance can be given that additional production orders will follow.<\/p>\n
Energy Consumption<\/b>
\nThe integration of the enhanced Clark pump is designed to reduce desalination energy consumption to 500W. Actual performance may vary depending on water conditions and system configuration.<\/p>\n
Humanitarian Deployments<\/b>
\nTwo units from the initial production run were purchased by Water Ambassadors Canada for deployment to partners in their network in need of drinking water solutions.<\/p>\n
These deployments are intended to provide operational field validation. The Company does not derive material revenue from these initial placements.<\/p>\n
Commercialization Efforts<\/b> These discussions remain exploratory in nature. No material contracts have been announced as of the date of this update.<\/p>\n Revolution Greywater Recycling System<\/b> Pilot Installation<\/b> This installation is intended to serve as a beta test to evaluate:<\/p>\n The system has not yet been broadly commercialized. Design-for-manufacturing work is expected to follow successful field validation.<\/p>\n Market Considerations<\/b> Discussions have taken place with developers in water-restricted regions of Ontario; however, no binding agreements have been executed at this time.<\/p>\n Any reference to potential water capacity reduction or development expansion reflects conceptual modeling and has not been independently validated.<\/p>\n Strategic Partnerships<\/b> Product Development Partners<\/b><\/p>\n Manufacturing and Distribution<\/b> Regional Representation<\/b> De.mem Ltd., which manufactures graphene-enhanced membranes using the Company’s graphene oxide formulation and De.mem\u2019s proprietary membrane formulation in Singapore for both Purafy and its own sales, is exploring potential regional collaboration; no formal distribution agreement has been executed.<\/p>\n Additional discussions are ongoing in the Caribbean and Middle East regions.<\/p>\n There is no assurance that these discussions will result in revenue-generating contracts.<\/p>\n Financial Position<\/b> To date:<\/p>\n The Company intends to prioritize commercial purchase orders as a principal mechanism for funding operations.<\/p>\n Audited financial statements are expected to be completed later in 2026.<\/p>\n Forward-Looking Information<\/b> Forward-looking information is based on management’s current expectations and assumptions and involves known and unknown risks and uncertainties that may cause actual results to differ materially.<\/p>\n Readers are cautioned not to place undue reliance on forward-looking statements.<\/p>\n Management Commentary<\/b> Further updates will be provided as material developments occur.<\/p>\n
\nThe Company is engaged in early-stage discussions with potential customers and partners across the following segments:<\/p>\n\n
\nThe Revolution system is a residential greywater recycling platform under development for several years.<\/p>\n
\nIn 2025, the Company designed and pre-sold a Revolution system for installation in a small residential home in Ottawa, Ontario, in collaboration with Small Living Company.<\/p>\n\n
\nManagement believes there may be market opportunity in:<\/p>\n\n
\nThe Company continues to pursue partnership-based growth to reduce capital requirements and leverage third-party capabilities.<\/p>\n\n
\nElectromaax is assembling the initial Portage units and may distribute the system through its marine channel, subject to commercial acceptance.<\/p>\n
\nThe Company maintains non-exclusive representation or distribution discussions with:<\/p>\n\n
\nCapital markets for early-stage technology companies remain constrained.<\/p>\n\n
\nThis update contains forward-looking information within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding:<\/p>\n\n
\nManagement remains focused on advancing product validation, securing commercial adoption, and strengthening strategic partnerships while maintaining disciplined capital allocation.<\/p>\n
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