Fuel Tech Awarded Air Pollution Control Orders Totaling $1.4 Million

Core Insights - Fuel Tech, Inc. has announced the receipt of air pollution control orders valued at approximately $1.4 million from both new and existing customers in the US and Europe [1] Group 1: New Contracts and Orders - A new contract was secured for an ULTRA® system to be installed on a natural gas turbine at a medical facility in the Midwest, with delivery expected in Q4 2025 [2] - An order was received for a Selective Non-Catalytic Reduction (SNCR) system for a biomass-fired unit in Europe, following a successful demonstration project, with delivery scheduled for Q3 2025 [3] - A domestic contract was awarded for advanced engineering services for a biomass unit, marking the first step towards an Advanced Selective Non-Catalytic Reduction (ASNCR) system, with completion expected in Q2 2025 [4] Group 2: Financial Performance and Future Outlook - The company has achieved $4 million in near-term contract wins and $5.6 million in announced bookings year to date, with expectations for additional APC contracts by the end of Q2 2025 [5] Group 3: Company Overview and Technology - Fuel Tech specializes in advanced technologies for air pollution control, process optimization, and water treatment, with a strong focus on nitrogen oxide (NOx) reduction and particulate control [6] - The company’s FUEL CHEM® technology enhances the efficiency and environmental status of combustion units, while its water treatment technologies address various applications in the water and wastewater industries [6]