Gradiant announces $300M in new water contracts this year

Boston-based Gradiant has announced USD 300 million in new contracts from semiconductor manufacturing customers since the start of 2026, including new contracts with several semiconductor manufacturers across five fabrication sites in New York, Virginia, Idaho and Utah. 

The projects include ultrapure water (UPW), high-recovery wastewater treatment, local scrubber reclaim and zero liquid discharge (ZLD) systems designed to reduce freshwater demand, increase water reuse and maximize production in increasingly water-constrained environments, the company said.

Rather than serving a single point in the water cycle, Gradiant will deliver its full semiconductor portfolio across these sites — from ultrapure water production to high-recovery wastewater treatment, scrubber reclaim, treatment of complex streams such as hydrofluoric acid wastewater, and zero liquid discharge.  

“Water has become one of the defining constraints on how quickly the world can build the chips powering AI data centers, including high-bandwidth memory,” said Prakash Govindan, CEO of Gradiant. “That’s why leading semiconductor manufacturers keep choosing Gradiant: we own the full water cycle, from ultrapure water to the most complex wastewater streams, as one accountable partner. Water will not be the reason a fab falls behind.”

“These wins are exactly the kind of momentum we need to reach our target of a $1 billion US order book next year,” said Nish Vora, Managing Director, Americas at Gradiant. “Each of these contracts reinforces Gradiant’s position as the water layer for semiconductors, eliminating water as a constraint for the companies building the chips the AI economy runs on.”