Energy Recovery

Energy Recovery

Energy recovery technologies for industrial fluids

Overview

Energy Recovery designs and sells energy-recovery technologies for industrial fluid systems. Its products, including the PX Pressure Exchanger, Ultra PX, IsoBoost, and VorTeq, capture and reuse energy from high-pressure fluid streams to lower overall energy use and operating costs. The company serves multiple sectors such as desalination, industrial wastewater treatment, hydraulic fracturing, sour gas processing, and CO2 refrigeration, and it also offers licensing and long-term service agreements. What sets the company apart is its long history of deploying pressure-exchange technology and its portfolio of proprietary solutions that span different industries, not just desalination. The goal is to help customers reduce energy costs and environmental impact while delivering reliable, scalable energy-recovery solutions through direct sales, licensing, and services.

Significant Headcount Growth

About Energy Recovery

Simplify's Rating
Why Energy Recovery is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Industrial & Manufacturing

Energy

Company Size

201-500

Company Stage

IPO

Headquarters

San Leandro, California

Founded

1992

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Simplify's Take

What believers are saying

  • Wastewater treatment expands the addressable market beyond seawater desalination.
  • Energy Recovery says its solutions save customers 47.4 TWh annually.
  • Installed base growth supports aftermarket service, upgrades, and repeat sales.

What critics are saying

  • Water segment concentration leaves results exposed to desalination project delays and pricing pressure.
  • CEO transition under interim leader Alex Buehler adds execution risk during strategic expansion.
  • California manufacturing concentration creates operational vulnerability from disruption or facility outages.

What makes Energy Recovery unique

  • Pressure exchanger technology cuts energy costs in desalination and industrial fluid processes.
  • Water remains the core business, with over 30 years of desalination leadership.
  • Emerging Technologies extends the platform into wastewater, refrigeration, and industrial applications.

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Funding

Total Funding

$6.2M

Above

Industry Average

Funded Over

2 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Medical, dental, & vision

Disability & life insurance

401(k)

EAP

Pet insurance

FSA

Tuition assistance

PTO

Company events

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
Energy Recovery Inc.
Jul 13th, 2026
John Mitchell joins Energy Recovery Board of Directors.

John Mitchell joins Energy Recovery Board of Directors. San Leandro, Calif. - July 13, 2026 - Energy Recovery (Nasdaq: ERII), a global leader in energy-efficient technology enabling affordable, reliable water and reduced emissions, today announced the appointment of John Mitchell to its Board of Directors. "John is an accomplished global executive who has spent his career operating at the highest levels of complex, technology-driven businesses," said Pamela Tondreau, Chair of the Board of Directors of Energy Recovery. "He understands what it takes to lead in hard-tech industries and has guided organizations through end markets in the midst of profound transformation. The forces reshaping water today are every bit as consequential, and John's perspective and discipline will be a tremendous asset to our board as we support our customers in this moment." Mr. Mitchell brings more than three decades of global leadership across finance, operations, and technology-intensive industrial businesses. He most recently served as Senior Vice President and General Manager of the Sensor Solutions business at TE Connectivity, a global leader in innovative sensor solutions, serving industries including automotive, industrial automation, aerospace, and medical devices. Earlier at TE Connectivity, he served as President of TE SubCom, an industry pioneer in undersea communications technology and marine services. Mr. Mitchell also held a series of senior financial leadership roles at TE Connectivity, including Vice President of Finance for its Transportation Solutions division, a global business spanning the automotive and industrial transportation markets. His earlier career included financial leadership positions across Europe and the United States with JohnsonDiversey, Tyco Electronics Power Systems, and Tyco Electronics, giving him broad international operating experience across multiple industries undergoing technological and market change. "The megatrends driving the water industry are among the most consequential challenges of our time, and Energy Recovery has a key role to play in advancing the solutions the world needs," said Mr. Mitchell. "I have spent my career in industries defined by transformation, and I am energized by the opportunity to help a company with this kind of technology and purpose accelerate its impact." Mr. Mitchell holds an M.B.A. in Finance and General Management from University College Dublin and a Bachelor of Business Studies in Finance from the University of Limerick. About Energy Recovery. Energy Recovery (Nasdaq: ERII) designs and manufactures world-class energy-saving technology for critical infrastructure that communities rely on every day, driving a more resilient and sustainable future. Grounded in more than 30 years of leadership in the desalination industry, today Energy Recovery, Inc. use its proprietary pressure exchanger technology to help customers in multiple industries improve their operations and lower their emissions. Headquartered in the San Francisco Bay Area, Energy Recovery, Inc. operate manufacturing and R&D facilities throughout California, with sales and on-site technical support available globally. Press inquiries.

DMW Corporation
Dec 15th, 2025
Energy Recovery Devices for water treatment facilities "DeROs-E(R)" receives Minister of Economy, Trade and Industry Award at the Energy Conservation Grand Prize

Energy Recovery Devices for water treatment facilities "deros-e(r)" receives Minister of Economy, Trade and Industry Award at the Energy Conservation grand prize. Its Energy Recovery Devices(ERD) for water treatment facilities, " DeROs- [E(R),] " has won the top award, the Minister of Economy, Trade and Industry Award, in the Electricity Demand Optimization category of the Products and Business Models category of the 2025 (Reiwa 7) Energy Conservation Awards (sponsored by the Energy Conservation Center, Japan). The award ceremony is scheduled to be held at Tokyo Big Sight on Wednesday, January 28, 2026. The Energy Conservation Award is a system that recognizes outstanding energy conservation efforts and advanced, highly efficient energy-saving products in Japan's industrial, business and transportation sectors. The award-winning " DeROs- [E(R)" is an energy-saving device that can reduce the equipment's power consumption and greenhouse gas emissions by highly efficiently recovering and reusing the pressure energy of wastewater generated during the water treatment process in water treatment facilities such as those used to produce ultrapure water and for wastewater and sewage treatment. A challenge with conventional ERDs for seawater desalination is that energy recovery from wastewater discharged from low-pressure reverse osmosis (RO) membranes is uneconomical. " DeROs- [E(R)" was awarded this prize in recognition of its ability to recover energy highly efficiently even under low-pressure conditions of RO wastewater pressure of 0.2 to 4 MPa by optimizing the shape of the flow path. Based on its purpose of "Enriching Lives and Shaping a Better Future Through Water and Air," Dmw Corporation will continue to create solutions that help resolve Social Responsibility issues and contribute to the development of a sustainable Social Responsibility.

Pump Industry
Feb 27th, 2025
New CTO and VP of Wastewater appointed to Energy Recovery

Energy Recovery also promoted David Kim-Hak to Vice President, Wastewater, a new role created to capitalise on growth opportunities in municipal and industrial wastewater treatment.

H2O Global News
Dec 17th, 2024
Energy Recovery Wins "Breakthrough Innovation Award" at IDRA World Congress

At the 2024 IDRA World Congress show this week, Energy Recovery, Inc. was honored with The Breakthrough Innovation Award for Most Innovative Company in Desalination Technology.

Business Wire
Jul 31st, 2024
Energy Recovery Appoints Mike Mancini as Chief Financial Officer

Mr. Mancini joins Energy Recovery from Astranis Space Technologies Corp., a San Francisco-based next-gen satellite company, where he served as CFO for four years and was instrumental in bringing this revolutionary satellite technology to market.

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