CLIR Receives Initial Engineering Order for Multi-Burner Heater

Core Insights - ClearSign Technologies Corporation (CLIR) received an initial engineering order to install 36 ClearSign Core burners at a U.S. Gulf Coast refinery, indicating growing momentum in the petroleum industry [1][7] - The order expands ClearSign's customer base with a major operator and positions the company for further large-scale deployments, with final burner delivery expected in the second half of 2026 [2][7] Financial Performance - In Q2 2025, ClearSign incurred an adjusted loss of $0.03 per share, which is an improvement from the Zacks Consensus Estimate of a loss of $0.04 per share and the loss of $0.04 per share in the same quarter last year [4] - The company reported revenues of $0.13 million in Q2 2025, up from $0.04 million in the year-ago quarter, but missed the Zacks Consensus Estimate of $1 million [4] Stock Performance - ClearSign's shares have declined by 31% over the past year, contrasting with the industry's growth of 8.4% [5] Additional Orders - In August, ClearSign secured a purchase order for engineering and modeling services aimed at enhancing its burner technology, with potential applications in a California refinery's process heater [3]