Workflow
AirJoule A250 system
icon
Search documents
AirJoule Technologies Commissions Atmospheric Water Harvesting System at Arizona State University for Independent Academic Evaluation
Globenewswire· 2026-01-20 13:00
Company executives also presented at the International Atmospheric Water Harvesting Summit at Arizona State UniversityRONAN, Mont., Jan. 20, 2026 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) ("AirJoule Technologies" or "AIRJ"), today announced the successful delivery and commissioning of an AirJouleTM A250TM system at Arizona State University (“ASU”). The system will undergo independent academic evaluation, including peer reviewed published research, as part of a collaboration with A ...
AirJoule Technologies Partners with Red Dot Ranch to Advance Residential Off-Grid Water Solutions in California’s Coastal Communities
Globenewswire· 2025-12-19 13:00
Core Insights - AirJoule Technologies Corporation has announced a collaboration with the Red Dot Ranch Foundation to provide off-grid water solutions to rural communities in coastal California, addressing critical water infrastructure gaps [1][4] - The partnership aims to demonstrate the commercial viability of generating pure water from air, leveraging AirJoule's technology in real-world residential applications [1][3] Company Overview - AirJoule Technologies is a technology platform focused on extracting water from air using advanced sorbent technologies, with a mission to alleviate global water and energy constraints [7] - The company has established partnerships with GE Vernova and Carrier Global Corporation to enhance its technological capabilities and market reach [7] Project Details - The Red Dot Ranch initiative will utilize AirJoule's system to produce clean water from atmospheric moisture, capitalizing on Pescadero's coastal fog and high humidity levels [3][5] - The AirJoule A250 system can generate up to 250 liters of water per day and is designed for modular deployment, minimizing environmental disruption [5] Market Context - California is facing a significant groundwater supply crisis, with rural areas like Pescadero experiencing increasing water scarcity [4] - AirJoule's technology offers a cost-effective alternative to traditional water sourcing methods, potentially reducing reliance on stressed groundwater systems [4] Future Prospects - Following successful evaluations in early 2026, AirJoule Technologies plans to expand its partnership with Red Dot Ranch and market its systems for off-grid drinking water solutions [3][6] - The company is actively pursuing commercialization across various sectors, including advanced manufacturing and defense, with existing operations in Texas, Arizona, and Dubai [6]
AirJoule Technologies (NASDAQ: AIRJ) Announces Third Quarter 2025 Results and Provides Business Update
Globenewswire· 2025-11-13 21:05
Core Insights - AirJoule Technologies is advancing its commercialization strategy for its AirJoule™ systems, focusing on addressing water scarcity and energy sustainability challenges in various sectors [2][22] - The company has established strategic partnerships with key players such as GE Vernova, Carrier, and the U.S. Army Engineer Research and Development Center, enhancing its market position [2][4][8] - AirJoule's technology leverages waste heat to produce distilled water, showcasing a circular economy approach that is gaining traction in industrial applications [3][11] Business Update - In Q3 2025, AirJoule achieved significant milestones, including scaling manufacturing readiness and testing capabilities, and advancing customer deployment initiatives [2][18] - The company is actively engaged in commercial discussions for multi-unit system deployments across various industries, including data centers and food and beverage manufacturing [12][20] - AirJoule's A250 system is being productized for industrial dehumidification and water generation, with a focus on reliability and cost-effectiveness [15][16] Strategic Partnerships - The partnership with the Net Zero Innovation Hub for Data Centers positions AirJoule at the forefront of sustainable infrastructure, with plans to showcase capabilities in 2026 [4] - A Cooperative Research and Development Agreement with the U.S. Army aims to integrate AirJoule's technology for military applications, potentially influencing procurement decisions [7][8] - A new collaboration with a U.S. defense contractor focuses on anti-corrosion applications, addressing a multibillion-dollar challenge for military installations [9][10] Financial Overview - AirJoule ended Q3 2025 with $26.0 million in cash, providing financial flexibility for its commercialization strategy [19] - The company reported a net loss of $4.0 million for Q3 2025, with total revenues expected to grow as commercial negotiations progress [33][36] - A $2.75 million capital contribution was made to the joint venture with GE Vernova, underscoring the importance of this partnership in accelerating market penetration [18] Market Positioning - AirJoule's technology addresses the urgent need for sustainable water solutions amid increasing water scarcity and industrial growth [2][22] - The company is positioned to capture significant market share as it transitions from an emerging technology to deployed solutions, with a growing customer pipeline [22] - The Water Purchase Agreement model is expected to enhance customer adoption by providing recurring revenue streams and reducing upfront costs [14][20]