Workflow
ClearSign Technologies (CLIR)
icon
Search documents
ClearSign Technologies Receives Purchase Order for New Process Burner
ZACKS· 2025-03-14 15:20
Group 1: Company Developments - ClearSign Technologies Corporation (CLIR) received a purchase order for its new ClearSign Core M1 process burner, indicating early market engagement for the M series line [1] - The purchase order was from Devco Process Heaters for use in a hot oil heater at a gas processing facility in Colorado, with expected delivery in the second quarter of 2025 [3] - The ClearSign Core M1 technology has achieved SCR-level NOx emissions and high heat transfer efficiency at a Texas facility, leading to significant interest and multiple requests for quotes [2] Group 2: Financial Performance - In Q3 2024, ClearSign Technologies reported an adjusted loss of 2 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 3 cents, and an improvement from a loss of 3 cents in the same quarter the previous year [4] - The company generated revenues of $1.86 million in Q3 2024, a significant increase from $0.09 million in the year-ago quarter, surpassing the Zacks Consensus Estimate of $1 million [4] Group 3: Industry Context - ClearSign Technologies operates within the Industrial Services industry, where peers have also reported their financial performances for Q4 2024 [5] - Global Industrial Company (GIC) reported earnings of 27 cents per share in Q4 2024, missing the Zacks Consensus Estimate, with net revenues of $302 million, down 5.6% year-over-year [6] - W.W. Grainger, Inc. (GWW) posted adjusted earnings per share of $9.71 in Q4 2024, missing estimates, while revenues rose 5.9% year-over-year to $4.23 billion but also missed expectations [7][8]
ClearSign Technologies Corporation Announces Purchase Order for ClearSign Core™ "M" Series Process Burner for a Gas Processing Facility in Colorado
Prnewswire· 2025-03-12 12:30
Core Insights - ClearSign Technologies Corporation has received a purchase order for its ClearSign Core™ M1 process burner from Devco Process Heaters, indicating strong market interest in its new "M" series [1][2] - The ClearSign Core™ M1 will be installed in a gas processing facility in Colorado, with delivery expected in the second quarter of 2025 [2] - The company aims to extend the applicability of the burner series beyond the midstream market to include boilers and other types of process heaters [2] Company Overview - ClearSign Technologies Corporation focuses on decarbonization and enhancing performance characteristics of industrial systems, including energy efficiency and emission reduction [3] - The company's patented technologies, such as ClearSign Core™ and ClearSign Eye™, are designed to improve combustion systems and fuel safety across various industries, including energy, chemical, and power [3]
ClearSign Technologies Corporation Debuts New ClearSign Core™ M Series Process Burner Technology at Global Chemical Company in Texas
Prnewswire· 2025-03-05 13:30
Core Insights - ClearSign Technologies Corporation has introduced a new burner technology, ClearSign Core™ M1, which demonstrates superior nitrogen oxide (NOx) emissions and heat transfer efficiency [1][2][3] - The new burner technology achieved sub 2ppm NOx emissions with less than 15% excess air, indicating an efficiency improvement of approximately 3% compared to existing sub 10ppm NOx burners [2] - The technology was developed through advanced computational fluid dynamics modeling and is specifically designed for the horizontally fired process heater market, with potential applications in other areas such as boilers [2][3] Company Overview - ClearSign Technologies focuses on decarbonization and enhancing performance characteristics of industrial systems, including energy efficiency and emission reduction [4] - The company’s patented technologies are integrated into various markets, including energy production, commercial/industrial boilers, and petrochemicals [4] - The collaboration with Tulsa Heaters Midstream highlights the company's commitment to innovation and market responsiveness [3][4]
ClearSign Technologies Corporation Receives Purchase Order for Flare for California Project
Prnewswire· 2025-02-27 13:30
Core Insights - ClearSign Technologies Corporation has received a purchase order for a flare from an energy company in California, indicating a growing opportunity for its emissions reduction technologies [1][2] - The order is for a flare retrofit at a production facility, with the final product expected to be fabricated and shipped in the second quarter of 2025 [2] Company Overview - ClearSign Technologies designs and develops products aimed at decarbonization and improving performance in industrial and commercial systems, focusing on operational performance, energy efficiency, emission reduction, safety, and cost-effectiveness [3] - The company's patented technologies, such as ClearSign Core™ and ClearSign Eye™, enhance combustion systems and fuel safety across various markets, including energy, commercial/industrial boiler, chemical, petrochemical, transport, and power industries [3]
ClearSign Technologies Corporation to Install ClearSign Eye Sensors at Supermajor Gulf Coast Refinery
Prnewswire· 2025-02-25 13:30
First Commercial Trial Installation in Operating FacilityTULSA, Okla., Feb. 25, 2025 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that support decarbonization, improve operational and energy efficiency, enable the use of hydrogen as a fuel and enhance safety while dramatically reducing emissions, announces that the Company is installing four ClearSign Eye sensors into a supermajor refine ...
ClearSign Technologies Corporation Awarded Federal Grant to Advance Hydrogen Burner Solutions for Industrial Decarbonization
Prnewswire· 2025-01-30 13:30
TULSA, Okla., Jan. 30, 2025 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that support decarbonization, improve operational and energy efficiency, enable the use of hydrogen as a fuel and enhance safety while dramatically reducing emissions, announces that, in collaboration with a major national laboratory, it has been awarded a $400,000 grant from the U.S. Department of Energy's ("DOE") ...
4 Industrial Services Stocks to Watch Despite Industry Headwinds
ZACKS· 2025-01-22 17:10
The Zacks Industrial Services industry has been bearing the brunt of the prolonged contraction in the manufacturing sector as customers remain cautious about spending. Flared-up input costs have added to the woes.Despite the current setback, the rise in e-commerce activities will be a key catalyst for the industry. Companies like W.W. Grainger, Inc. (GWW) , Eos Energy Enterprises (EOSE) , ScanSource (SCSC) and ClearSign Technologies (CLIR) are positioned for growth by leveraging strategies to capitalize on ...
CLIR Expands Partnership With Zeeco to Launch Process Burner Product Line
ZACKS· 2024-12-11 18:25
ClearSign Technologies Corporation (CLIR) has announced that it is expanding its partnership with Zeeco, Inc. to launch a co-branded process burner line. This collaborative effort by ClearSign Technologies and Zeeco is expected to significantly reduce industrial emissions.Details on CLIR’s New Co-branded Process Burner LineClearSign Technologies and Zeeco have been collaborating since 2020, with CLIR using Zeeco’s Global Technology Center in Broken Arrow, OK, for manufacturing, research and development and ...
ClearSign Technologies Corporation Announces Boiler Burner Order from California Boiler
Prnewswire· 2024-12-04 13:30
TULSA, Okla., Dec. 4, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that support decarbonization, improve operational and energy efficiency, enable the use of hydrogen as a fuel and enhance safety while dramatically reducing emissions, announces that it has received a purchase order from Rogue Combustion, a subsidiary of California Boiler ("Cal Boiler"), for a boiler burner for use i ...
ClearSign Technologies Announces Its Largest Purchase Order
ZACKS· 2024-12-02 17:16
ClearSign Technologies Corporation (CLIR) announced receiving the follow-on purchase order to retrofit four process heaters with 26 ClearSign Core burners. This is the company's largest order to date.Details on ClearSign Technologies’ Largest OrderThe burners will be installed by the engineering and heater manufacturer Birwelco USA Inc. at the Gulf Coast facility of a Fortune 500 global chemical company. The company received the purchase order for the equipment manufacture and supply.This order is for the n ...