Montana Technologies Corporation(AIRJ)
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AirJoule Gears Up to Report Q4 Earnings: What's in the Offing?
ZACKS· 2026-03-25 17:15
Key Takeaways AIRJ is set to report Q4 2025 results on March 30, with the consensus estimate at a loss of 9 cents per share.AI data center demand and water needs are expected to boost AIRJ's top line.The new Delaware facility and Water Purchase Agreements may drive growth and recurring revenues.AirJoule Technologies Corporation (AIRJ) is slated to report its fourth-quarter 2025 results on March 30, after the closing bell.The company’s earnings surprise history is impressive. It surpassed the Zacks Consensus ...
AirJoule Technologies Schedules Release of Fourth Quarter and Full Year 2025 Results and Conference Call
Globenewswire· 2026-03-24 20:01
RONAN, Mont., March 24, 2026 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or the “Company”), a leading platform technology that unleashes the power of water from air, today announced that it will report its full year 2025 results after market close on Monday, March 30, 2026. Company management will host a conference call and Q&A session to discuss the results at 8:30 AM ET on Tuesday, March 31, 2026. To access the live audio webcast of the conference call, pl ...
Knife River Acquires Aggregates and Ready-Mix Business in Montana
Businesswire· 2026-03-23 10:30
Knife River Acquires Aggregates and Ready-Mix Business in Montana Mar 23, 2026 6:30 AM Eastern Daylight Time Knife River Acquires Aggregates and Ready-Mix Business in Montana Share BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that it has acquired the assets of Donaldson Brothers Ready Mix Inc., an aggregates-based ready-mix supplier in western Montana. This is Knife River's third acquisition in its Mountain Segment in 2026. Donaldson is a leading supplier of aggregate ...
Calumet Reports Fourth Quarter and Fiscal Year 2025 Results
Prnewswire· 2026-02-27 12:00
Core Viewpoint - Calumet, Inc. reported its fourth quarter and fiscal year 2025 results, highlighting significant financial improvements, including a reduction in debt and strong cash flow driven by cost reduction initiatives, while facing challenges in the renewable diesel market. Financial Performance - The company reported a net loss of $33.8 million for fiscal year 2025, an improvement from a net loss of $222 million in 2024 [1] - Adjusted EBITDA for fiscal year 2025 was $293.3 million, up from $229.3 million in 2024, reflecting nearly 30% year-over-year growth [1] - For the fourth quarter of 2025, the company reported a net loss of $37.3 million, compared to a net loss of $40.7 million in the same quarter of 2024 [1] Segment Performance - Specialty Products and Solutions (SPS) segment achieved an Adjusted EBITDA of $88.5 million in Q4 2025, up from $51.9 million in Q4 2024, driven by strong specialty product sales and cost reductions [1] - Performance Brands (PB) segment reported Adjusted EBITDA of $5.4 million in Q4 2025, down from $16.3 million in Q4 2024, impacted by the divestiture of the Royal Purple® Industrial business [1] - Montana/Renewables (MR) segment reported an Adjusted EBITDA with Tax Attributes of $(5.4) million in Q4 2025, compared to $12.4 million in Q4 2024, affected by low industry renewable diesel margins [1] Operational Highlights - The company achieved approximately $100 million in cost reductions in 2025, which contributed to a $222 million reduction in recourse debt [1] - Total sales volume for the fourth quarter of 2025 was 95,829 barrels per day, compared to 85,882 barrels per day in Q4 2024 [2] - The company is on track to complete the MaxSAF®150 expansion in the second quarter of 2026, enhancing its competitive position in the renewable diesel market [1] Corporate Developments - In January 2026, Calumet closed a private placement of $405 million in Senior Notes due 2031, which was used to redeem outstanding higher-interest debt [1] - The company amended its asset-based loan facility to extend the maturity date to January 2031, with total commitments of $500 million [1]
Montana Capital Partners announces final close of MCP Opportunity Secondary Program VI (OSP VI)
Businesswire· 2026-02-11 12:30
Core Insights - OSP VI has successfully closed with a total programme size of US$1.4 billion, maintaining alignment with its most recent predecessor fund [1] Group 1 - The total programme size of OSP VI is US$1.4 billion [1] - The closing of OSP VI is consistent with the size of its predecessor fund [1]
AirJoule Technologies to Form Strategic Partnership with TenX Investment for Exclusive Middle East Distribution
Globenewswire· 2026-02-02 13:00
Core Insights - AirJoule Technologies Corporation has entered into a strategic partnership with TenX Investment to enhance its commercialization strategy in the Middle East and the broader Global South [1][2][7] Group 1: Strategic Partnership - The agreement grants TenX Investment exclusive rights to market, sell, and support AirJoule's water generation and dehumidification systems in the UAE, Oman, Qatar, Saudi Arabia, Bahrain, and Kuwait [2][3] - This partnership builds on a previous Memorandum of Understanding from August 2024, positioning AirJoule to capture significant market opportunities in a water-stressed region [2][3] Group 2: Market Access and Expertise - The collaboration provides AirJoule with immediate market access, local expertise, and established relationships across various sectors, including government and industrial [3][8] - TenX Investment's capabilities are expected to accelerate market penetration, addressing the region's water security challenges while supporting economic diversification and sustainability [8] Group 3: Technology and Performance - AirJoule's technology utilizes waste heat and advanced materials to efficiently extract water from air, producing pure distilled water at an industrial scale [4][9] - A demonstration system operated in Dubai from February to December 2025 validated the technology's performance under extreme climate conditions, generating high purity distilled water and demonstrating operational reliability [9]
AirJoule Technologies to Partner with TenX Investment for Exclusive Middle East Distribution of AirJoule™ Solutions
Globenewswire· 2026-02-02 13:00
Strategic partnership accelerates AIRJ’s commercialization strategy in the Middle East and broader Global SouthRONAN, Mont., Feb. 02, 2026 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) ("AirJoule Technologies" or "AIRJ"), a leading technology platform that unleashes the power of water from air, today announced an agreement with TenX Investment in Energy Enterprises & Management Co (“TenX Investment”), a wholly Emirati-owned UAE-based technology and infrastructure investment firm, to b ...
AirJoule Technologies Commissions Atmospheric Water Harvesting System at Arizona State University for Independent Academic Evaluation
Globenewswire· 2026-01-20 13:00
Core Insights - AirJoule Technologies Corporation has successfully delivered and commissioned an AirJoule A250 system at Arizona State University (ASU), which will undergo independent academic evaluation as part of a collaboration with ASU's atmospheric water harvesting research program [1][2] Technology Overview - AirJoule's sorbent-based technology extracts water from air in various environmental conditions, including low humidity, utilizing a metal-organic framework, which was recognized in the 2025 Nobel Prize in Chemistry [2] - The commissioning of the AirJoule system marks the beginning of third-party testing to generate independent performance data, validate water quality, and provide operational insights for commercialization [2] Testing Environment - ASU's campus in Tempe presents a challenging test environment with temperatures over 110°F and low humidity, making it an ideal location to demonstrate the system's robustness in real-world conditions where water scarcity is critical [3] Strategic Importance - The commissioning at ASU is a significant milestone in AirJoule's commercialization journey, providing third-party validation from a leading research institution and expert in atmospheric water harvesting, Dr. Paul Westerhoff [4][5] - The evaluation will assess AirJoule's performance in extreme climate conditions and contribute to the scientific understanding of this technology [6] Economic Impact - Reliable water access is essential for the economic vitality of the Southwest United States, and AirJoule's technology aims to support local solutions for water sustainability, addressing community concerns and industrial needs [7] Industry Engagement - AirJoule executives participated in the 2026 International Atmospheric Water Harvesting Summit at ASU, discussing innovative solutions and advancements in the field [9]
AirJoule Technologies Announces Pricing of $20 Million Public Offering of Class A Common Stock
Globenewswire· 2026-01-14 12:30
Core Viewpoint - AirJoule Technologies Corporation has announced a public offering of 6,153,847 shares of its Class A common stock at a price of $3.25 per share, aiming to raise capital for growth and operational purposes [1][3]. Group 1: Offering Details - The public offering consists of 6,153,847 shares priced at $3.25 each, under an effective shelf registration statement [1]. - The offering includes participation from key executives and board members, who purchased shares at the same price as other investors [2]. - The underwriter has a 45-day option to purchase an additional 923,077 shares at the public offering price [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for growth capital, working capital, and general corporate purposes, including enhancing manufacturing readiness and supporting strategic partnerships [3]. Group 3: Underwriter and Closing - Lucid Capital Markets is the sole book-running manager for the offering, which is expected to close around January 15, 2026, pending customary closing conditions [4]. Group 4: Company Overview - AirJoule Technologies Corporation is focused on developing AirJoule™, a technology platform that provides efficient dehumidification and pure water from air [7].
Montana Technologies Corporation(AIRJ) - 2025 Q4 - Annual Results
2026-01-13 22:09
Financial Position - As of December 31, 2025, AirJoule Technologies Corporation had approximately $21.8 million in cash, cash equivalents, and restricted cash[10] - On January 5, 2026, the company contributed an additional $5.0 million in capital to its joint venture with GE Vernova[9] Partnerships and Collaborations - In December 2025, the company announced a partnership with Red Dot Ranch to deploy an AirJoule system for evaluating off-grid water solutions in coastal California[8] - The partnership with Red Dot Ranch aims to expand the deployment of AirJoule systems pending successful evaluation and testing beginning in early 2026[8] Capital Raising - The company intends to conduct an underwritten public offering of shares of its Class A common stock, subject to market conditions[5]