BAAR-ZUG, Switzerland--(BUSINESS WIRE)--OSP VI closed with a total programme size of US$1.4billion, in line with OSP VI's most recent predecessor fund. ...

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]

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 ...

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]

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].

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]

Core Viewpoint - AirJoule Technologies Corporation has announced the commencement of an underwritten public offering of its Class A common stock, subject to market conditions and other factors [1] Group 1: Offering Details - The offering is being conducted under an effective shelf registration statement previously filed with the SEC [1][5] - The company intends to use the net proceeds from the offering for growth capital, working capital, and general corporate purposes, including advancing manufacturing readiness and supporting deployment with strategic partners [3] - The offering will be made only by means of a prospectus and a prospectus supplement, which will be available through Lucid Capital Markets and the SEC's website [4] Group 2: Management Participation - Key executives, including the Executive Chairman, CEO, and a Board member, have expressed interest in purchasing shares in this offering at the public offering price [2] Group 3: Company Overview - AirJoule Technologies Corporation is focused on developing a platform technology that provides efficient and sustainable dehumidification and pure water from air [6]

Core Insights - AirJoule Technologies Corporation has officially launched its participation in the Net Zero Innovation Hub for Data Centers, marking a significant step in the commercial deployment of its AirJoule™ water-from-air systems [1][3] - The company is collaborating with major global data center operators and infrastructure providers, including Microsoft and Google, to develop sustainable solutions for data center operations [2][4] - The Innovation Hub program aims to refine product-market fit and achieve commercial alignment, with expectations for significant milestones in commercialization by summer 2026 [3][5] Group 1: Company Overview - AirJoule Technologies is the only US-based company focused on water solutions selected for the Innovation Hub, highlighting its unique value proposition in addressing sustainability challenges in data centers [1][5] - The AirJoule platform utilizes waste heat from data centers to produce distilled water, addressing critical water sustainability issues in the rapidly growing data center industry [4][6] Group 2: Market Opportunity - Data centers consume millions of gallons of water daily for cooling, with over 40% of planned U.S. data centers located in areas facing high water stress [5] - The collaboration with the Innovation Hub is expected to validate AirJoule's technology for broader industrial applications beyond data centers, including advanced manufacturing and food and beverage sectors [7][8] Group 3: Strategic Partnerships - The company is leveraging partnerships with industry leaders such as GE Vernova and Carrier Global Corporation to enhance its commercial pipeline and deliver transformative water solutions [8] - The Innovation Hub provides a platform for AirJoule to scale its technology in collaboration with organizations shaping the future of data center infrastructure [7]

Core Viewpoint - A Montana federal judge has denied motions to dismiss a class-action lawsuit aimed at addressing toxic PFAS in firefighter turnout gear, indicating a significant legal development in the ongoing battle against harmful chemicals in protective equipment [1]. Group 1 - The lawsuit is brought by Hagens Berman, a law firm known for its focus on consumer protection and environmental issues [1]. - The case highlights concerns over the safety of firefighter turnout gear, which may contain harmful PFAS substances [1]. - The ruling allows the lawsuit to proceed, potentially leading to further scrutiny and accountability for manufacturers of firefighter gear [1].

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Is AirJoule Technologies Corporation (AIRJ) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.AirJoule Technologies Corporation is a member of our Business Services group, which includes 238 different companies and currently sits at #12 in t ...