Gordon Olson, CEO of Torii Industries, joins Tim Keirnan for a discussion about a new design of tank-less water heater. Tank-less water heaters remove the need for a large water tank to be heated 24 hours a day for occasional hot water use. Besides being inefficient use of energy, traditional tank water heaters can fail catastrophically, and provide large amounts of landfill waste after their useful life is over.

The Torii solution will replace the old centralized water heater with a tank-less model that uses a carbon foam inside the pipes of the unit to heat water very quickly for use on demand, without exposing metallic components to the hot water that leads to oxidation and subsequent wear. Sensors and software will monitor the components and enable part replacement before any failures occur, which will reduce the need for recycling due to continual part replacement.
You can visit Torii Industries at https://toriiway.com/

And this article about carbon foam is pretty interesting from 2002.

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