The company behind the popular home-based carbonated-beverage maker is unveiling AquaBar -- a plumbed-in drinking water solution -- at a design exhibition in Milan next week.
AquaBar is a countertop machine that serves up purified and filtered water. Sure, there are plenty of appliances on the market that deliver hot, cold, and ambient water, but SodaStream and Italian designer Stefano Giovannoni are also making sure that this serves up carbonated water.
Having sparkling water on tap will likely involve owners going through even more SodaStream carbonators -- and SodaStream is fine with that.
The incremental move also fits with SodaStream's environmental message, encouraging consumers to avoid buying still water and sparkling water in plastic bottles.
This morning's announcement doesn't provide a release date.
Is SodaStream taking a shot at Primo Water
Of course not. SodaStream has been talking up plumbed-in solutions since it went public two years ago. As the value of SodaStream's brand grows, why wouldn't it explore a logical high-end solution for homeowners who prefer sparkling water over what's trickling from the tap.
Investors shouldn't be working any AquaBar projections into their SodaStream models yet, but it's clear that this company isn't aiming to be a one-trick pony.
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Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.