Benzinga | May 6, 2021 06:00PM EDT

Broadwind Announces Sale Of Four Pressure Reducing Systems; Terms Not Disclosed

roadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that the Company has sold four Modular Pressure Reducing Systems (PRS). Broadwind has designed and engineered a product family of Modular PRS units to accommodate a broad range of flows and pressures suited to various customer requirements.

PRS modules are a key component utilized in "virtual pipelines", an alternative method for supplying compressed natural gas to regions without established pipeline infrastructure. The PRS module plays a vital role in ensuring that stranded natural gas production is gathered, compressed, shipped, then decompressed for usage in consumption centers where it can be used as a lower emissions replacement for diesel fuel and coal. In addition to being low maintenance, convenient and flexible, Broadwind's PRS technology has an exceptionally low environmental impact, when compared to traditional pipeline infrastructure, which requires extended construction periods and significant acreage to complete.