HydroGlobe was founded in 2000 by three Stevens professors based on research conducted at the Center for Environmental Systems (CES), directed by Dr. Christos Christodoulatos. In addition to Christodoulatos, the HydroGlobe founders include Dr. George P. Korfiatis (CES founding director and also Dean of Stevens' Schaefer School of Engineering) and Dr. Xiaoguang Meng, Director of Technical and Academic Development at CES. The technologies are included in a series of patents obtained by the founders of the company. The newly merged business will be run out of Graver Technologies' facility in Glasgow, Del.
"This is a validation of our philosophy at Stevens, which rests on the belief that real-world solutions can be found for major real-world problems through technology innovation," said Stevens President Harold J. Ravech. "The Stevens Technogenesis philosophy also holds that innovation is the key to enriching the marketplace and creating new kinds of employment, and that is exactly what we are seeing with the acquisition of HydroGlobe."
"HydroGlobe's acquisition by Graver is a great recognition of our pioneering work at the Schaefer School and in the Center for Environmental Systems specifically," said Dean Korfiatis. "These technologies will treat potable water supplies at both the home and municipal level, for vast populations in the US and abroad. I take pride in this, and I congratulate my colleagues Christodoulatos and Meng on this achievement."
Dr. Helena S. Wisniewski, Stevens' Vice-President for Institute Technology Initiatives, negotiated the technology licensing agreement on Stevens' behalf.