374Water Announces Hosting and Collaboration Agreement with Crystal Clean

Core Viewpoint - 374Water Inc. has entered into a collaboration agreement with Crystal Clean to establish Waste Destruction Services focused on PFAS eradication, aiming to create a national network of partnerships for waste management solutions [1][5]. Company Overview - 374Water Inc. is a global leader in organic waste destruction technology, providing innovative solutions for municipal, federal, and industrial markets [8][9]. - Crystal Clean offers environmental and industrial services, managing a wide range of waste streams for various sectors including manufacturing and government [6][7]. Collaboration Details - The collaboration will leverage 374Water's proprietary AirSCWO technology at Crystal Clean's facilities, enabling the pursuit of large federal and municipal contracts for PFAS waste destruction [2][5]. - The initial operations will utilize the AirSCWO 6 system, with projected annual recurring revenue of $3 million to $5 million, and plans for a second system installation in 2026 to meet demand [3]. Market Potential - The partnership is expected to unlock significant revenue opportunities in the PFAS waste destruction market, with both companies actively marketing the AirSCWO WDS to existing customers [2][5]. - Crystal Clean's extensive experience in environmental services is anticipated to enhance the effectiveness of the partnership in addressing PFAS waste management needs [5]. Future Developments - 374Water plans to build a mobile AirSCWO fleet for onsite waste destruction, catering to clients who prefer onsite solutions [4].