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Stock impact report

SOURCE Global, Microsoft Collaborate to Help Provide Clean Drinking Water in Navajo Nation [Yahoo! Finance]

IAC Inc. (IAC) 
Last iac inc. earnings: 2/5 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: iac.com/investor-relations/overview
Company Research Source: Yahoo! Finance
SCOTTSDALE, Ariz., March 22, 2024 BUSINESS WIRE )--SOURCE Global, PBC and Microsoft today announced an initiative to provide 100 Navajo Nation families with SOURCE Hydropanel drinking water systems. Funded as part of Microsoft's water access work, installations are expected to be completed this spring. An estimated 30 percent of Navajo Nation residents — about 70,000 people — don't have access to clean, safe drinking water. Some residents drive long distances to buy cases of bottled water. When fuel costs and time are factored into the equation, what seems like an affordable option can cost as much as $2,000 per year. A decades-long megadrought , has only heightened the need for long-term drinking water solutions. SOURCE's patented Hydropanel technology was designed specifically for remote, often harsh environments. Because they function completely off-grid and don't require existing infrastructure, Hydropanels are an alternative to the status quo when it comes to drinking water Show less Read more
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