ClearSign Technologies Corporation (CLIR) announced that its Ultra low NOx Burner Testing study, sponsored by the California Gas Emerging Technologies ("GET") Program, has yielded impressive results. This study conducted by ICF has helped CLIR reach a milestone in its objective to drive decarbonization and increase operational efficiency, positioning it as a leader in the transition to cleaner energy. ClearSign Technologies' Boiler Burner Study Highlights The study conducted by ICF evaluated the performance ...

TULSA, Okla., Sept. 10, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, announces that it has received a burner order from Exotherm Corporation of Houston, Texas ("Exotherm") for installation in a heater in Oklahoma for use by a power generation company. "We are grateful for this order, and ar ...

Exhibit 99.1 ClearSign Technologies Corporation Provides Second Quarter 2024 Update TULSA, Okla., August 21, 2024 -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, today provides an update on operations for the quarter ended June 30, 2024. "The ClearSign business has advanced on multiple fronts during the past fe ...

Core Insights - ClearSign Technologies Corporation (CLIR) provided updates on its second-quarter 2024 operations, highlighting significant developments in burner engineering and sales [1][4]. Operational Updates - In Q2 2024, the company received two purchase orders for the engineering of burners for two additional process heaters at a California refinery, totaling four burners [1]. - The successful start-up of a second multi-burner heater at Kern Energy's refinery was announced, with independent testing showing lower-than-expected emissions [2]. - The company closed the sale of its largest boiler burner to date, nearly double the size of its previous largest burner, set for delivery in Q3 2024 [3]. Financial Performance - As of June 30, 2024, ClearSign reported revenues of $0.045 million, a decrease of 70% compared to Q2 2023, and an adjusted loss of 4 cents per share, consistent with the previous year [5]. - The company ended Q2 2024 with cash and cash equivalents of $16 million and had 50,205,657 shares of common stock outstanding [5]. Stock Performance - ClearSign Technologies' shares have declined by 24.1% over the past year, contrasting with the industry's growth of 0.4% [6].

ClearSign Technologies Corporation Q2 2024 Earnings Conference Call August 21, 2024 5:00 PM ET Company Participants Matthew Selinger - IR, Firm IR Group Brent Hinds - CFO Jim Deller - CEO Conference Call Participants Amit Dayal - H.C. Wainwright Operator Good afternoon and welcome to the ClearSign Technologies Second Quarter 2024 Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to ...

Core Insights - ClearSign Technologies Corporation has made significant advancements in operations, including new orders, product development, and increased customer engagement [2] - The company is experiencing growth in its installation base and receiving orders from larger global collaborators [2] - ClearSign has successfully completed a large product demonstration and is set to unveil independent data on emissions performance and fuel savings [2] Operational Highlights - The company announced an initial engineering order for a multi-heater project in Texas, involving the installation of 26 ClearSign Core™ burners for a Fortune 500 global chemical company [3] - ClearSign sold its largest boiler burner to date, with a capacity of nearly 90 million BTU/hr, which is almost double the size of its previous largest burner [4] - The successful start-up of a five-burner heater at Kern Energy confirmed emissions levels below guarantees, following the installation of an eight-burner heater earlier in the year [7] Financial Performance - As of June 30, 2024, ClearSign reported cash and cash equivalents of approximately $16 million [9] - For the second quarter of 2024, the company generated revenues of $45,000, a decrease from $150,000 in the same period of 2023 [16] - The net loss for the second quarter of 2024 was $1.872 million, compared to a net loss of $1.478 million in the second quarter of 2023 [16] Corporate Developments - ClearSign appointed David Maley and G. Todd Silva to its Board of Directors, with Silva replacing Robert T. Hoffman, Sr. [5] - The company closed a public offering and a concurrent private placement, resulting in gross proceeds of approximately $9.3 million [6]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to _______________ Commission File Number 001-35521 CLEARSIGN TECHNOLOGIES CORPORATION (Exact name of registrant as specified ...

Core Insights - ClearSign Technologies Corporation is set to host a conference call on August 21, 2024, at 5:00 PM ET to discuss its financial and operational results for Q2 2024 [1] - The company will file its quarterly report on form 10-Q with the SEC shortly before the call [1] Company Overview - ClearSign Technologies Corporation specializes in industrial combustion and sensing technologies aimed at enhancing energy efficiency, operational performance, safety, and reducing emissions [4] - The company's patented technologies, such as ClearSign Core™ and ClearSign Eye™, are integrated into established OEM products and serve various markets including energy, commercial/industrial boiler, chemical, petrochemical, transport, and power industries [4]

Core Insights - ClearSign Technologies Corporation has appointed G. Todd Silva to its Board of Directors effective August 1, 2024, nominated by clirSPV LLC [1] - Mr. Silva has over 30 years of leadership and finance experience across various industries, including financial services, technology, and healthcare [2] - The CEO of ClearSign, Jim Deller, expressed enthusiasm about Mr. Silva's appointment and the potential for business expansion [3] Company Overview - ClearSign Technologies Corporation focuses on designing and developing technologies that enhance operational performance, energy efficiency, emission reduction, safety, and cost-effectiveness in industrial and commercial systems [3] - The company's patented technologies, such as ClearSign Core™ and ClearSign Eye™, are integrated into established OEM products and improve combustion systems and fuel safety systems across multiple markets, including energy, chemical, and power industries [3]

The burner order was received from Birwelco USA Inc. for installation in a Gulf Coast facility in Texas of global multifaceted chemicals company. The Company expects the project to be rolled out in phases, resulting in the final delivery of the burners to be around the second half of 2025. Cautionary note on forward-looking statements ClearSign Technologies Corporation designs and develops products and technologies for the purpose of improving key performance characteristics of industrial and commercial sys ...