ADIO and Gradiant forge water security partnership

(Image: Gradiant)

The Abu Dhabi Investment Office (ADIO) has announced that Gradiant, a water and wastewater solutions company founded at Massachusetts Institute of Technology (MIT), has chosen the UAE capital as the location for its new EMEA HQ and global innovation centre. ADIO and Gradiant signed a cooperation agreement during COP28, the UN climate change conference, solidifying Abu Dhabi’s position as a hub for innovators in global climate change solutions.

ADIO, supporting Abu Dhabi’s economic growth, attracted Gradiant, valued at US$1bn, positioning it at the forefront of the expanding water and wastewater treatment market, projected to reach $1.1tn by 2030.

Gradiant, with over 900 employees globally, provides support from ADIO, focusing on industries like semiconductors, pharmaceuticals, F&B, renewable energy, refining and chemicals, and energy. Badr Al-Olama, ADIO director general, said that Gradiant supports both global and Abu Dhabi’s economic priorities, aligning with its water security strategy.

Gradiant COO Prakash Govindan added that this partnership commits to water solutions in the EMEA region. Gradiant global innovation centre in Abu Dhabi aims to develop new water treatment technologies, collaborating with Khalifa University, Masdar, and local institutions to enhance Abu Dhabi’s innovation ecosystem. ADIO’s role extends to sustainable energy solutions, collaborating with Siemens Energy to establish its Middle East customer innovation centre in Abu Dhabi, contributing to net zero.