The Innovator’s Dream15 July, 2020 / News
The story behind the founding of Crystal Lagoons® is an inspiring one. Fernando Fischmann, the founder of U.S. water innovation firm, had to overcome a series of difficulties to invent and patent the technology to create what is now known as the world’s top amenity, sustainable crystalline lagoons of unlimited size.
The conception of Crystal Lagoons began when Fernando started planning the second home real estate development of San Alfonso del Mar, in Algarrobo, a small town on Chile’s central coast. Although the real estate site had a fantastic view of the sea and was close to the capital, only 90 minutes away from Santiago by car, the local shoreline was unattractive due to cold-water temperatures, as well as the dangerous waves and undercurrents, which posed a risk to bathers who cannot enjoy the waters as bathing in the area is strictly forbidden.
Where others saw insurmountable problems, Fernando Fischmann saw an opportunity and envisioned the creation of an enormous lagoon with crystalline turquoise waters that could provide visitors and residents of San Alfonso del Mar with a safe way to swim and enjoy watersports in a clean and family-friendly environment.
In the search for a technology that could provide a way to maintain his concept of a man-made lagoon with crystalline waters at a low cost, he visited reputable companies in Germany, Australia, and the United States, among other countries. These companies repeatedly told Fernando that the technology he was looking for was not viable and would never exist as any project of these dimensions would be unsustainable economically in the long term.
As a trained biochemist, he decided to take matters into his own hands and conduct the research necessary to invent the technology which would make his crystalline lagoon both beautiful and economically viable. He set up an experiment and analysis laboratory with the sole purpose of crafting the technology himself. Years later, he was able to transform his vision into a reality with the successful creation of Crystal Lagoons sustainable technology.
His revolutionary innovation allowed for the development and maintenance of his first lagoon in San Alfonso del Mar and paved the way for the development and maintenance of sustainable and economically viable crystalline lagoons around the world.
San Alfonso del Mar was the first project in the world to use this pioneering technology, and quickly became the “most successful second home resort in the southern hemisphere”.
After only one year of operations, Crystal Lagoons was valued at 1.8 billion dollars by the Boston Consulting Group and set an international record that even companies like Google or Facebook had not achieved within that span of time. During recent years, they have experienced a dramatic increase in the demand for their projects and today their valuation exceeds 4.1 billion dollars.
With offices on all five continents with a portfolio of over 2,000 patents in 190 countries around the world, Crystal Lagoons has projects in different stages of development in over 60 countries.
Crystal Lagoons is an international innovation company, founded by scientist Fernando Fischmann, which has developed a patent-protected technology that allows the construction and maintenance of unlimited-size clear water lagoons at very low costs.