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AirJoule Technologies Announces Two New Appointments to its Board of Directors
Globenewswire· 2025-06-26 12:00
Core Viewpoint - AirJoule Technologies Corporation has appointed Denise Sterling and Thomas Murphy to its Board of Directors, filling vacancies left by Paul Dabbar and Kyle Derham, as the company continues to advance its AirJoule system for water extraction from air [1][2][4]. Company Developments - Paul Dabbar was appointed as Deputy Secretary of Commerce, necessitating his departure from the AirJoule Board due to federal ethics rules [1]. - Kyle Derham resigned to pursue other business opportunities with the Rice Investment Group [1]. New Board Members' Expertise - Denise Sterling has extensive experience in finance, having served as CFO of Core Scientific and held senior roles at Oportun and Visa, bringing valuable financial oversight to the Board [2][4]. - Thomas Murphy has a strong background in audit and advisory services, previously leading the SEC Commercial Audit Practice at Crowe LLP, which will enhance the company's financial governance [3][4]. Company Background - AirJoule Technologies is focused on developing the AirJoule system, which aims to produce pure distilled water from air while reducing energy consumption and costs [5]. - The company is commercializing its technology through a joint venture with GE Vernova and in partnership with Carrier Global Corporation [5].
AirJoule Technologies Set to Join Russell 3000® Index
Globenewswire· 2025-06-09 12:00
Core Insights - AirJoule Technologies Corporation is set to join the Russell 3000 Index effective June 30, 2025, marking a significant milestone for the company [1][2][3] - The Russell 3000 Index includes the 3,000 largest US public companies by market capitalization, and membership provides automatic inclusion in the Russell 1000 and Russell 2000 Indexes [2][3] - The CEO of AirJoule Technologies expressed that this inclusion reflects the company's progress in addressing global water scarcity and energy efficiency challenges [3] Company Overview - AirJoule Technologies is a water harvesting technology company that has developed the AirJoule system, which produces pure distilled water from air [5] - The AirJoule system aims to reduce energy consumption and generate cost efficiencies, and it is being commercialized through a joint venture with GE Vernova and in partnership with Carrier Global Corporation [5] - As of June 2024, approximately $10.6 trillion in assets are benchmarked against the Russell US indexes, indicating the significance of the Russell 3000 Index in the investment landscape [3][6]
AirJoule Technologies Schedules Release of First Quarter 2025 Results and Conference Call
GlobeNewswire News Room· 2025-05-06 20:01
Core Viewpoint - AirJoule Technologies Corporation is set to report its first quarter 2025 results on May 12, 2025, with a conference call scheduled for May 13, 2025, to discuss the results [1]. Company Overview - AirJoule Technologies Corporation (NASDAQ: AIRJ) specializes in water harvesting technology and has developed the AirJoule® system, which produces pure distilled water from air [3]. - The AirJoule® system aims to reduce energy consumption and create material cost efficiencies [3]. - The commercialization of the AirJoule® system is being pursued through a joint venture with GE Vernova and in partnership with Carrier Global Corporation [3].