Core Insights - ClearSign Technologies Corporation (CLIR) has secured an initial CFD and engineering order from a leading global refining company for the installation of 32 ClearSign Core burners at a California refinery, marking the first phase of a process heater retrofit [1][10] - The project is expected to commence imminently and will be executed in phases over the next 15 to 18 months [2][10] Recent Orders - In late September, ClearSign Technologies received an order from a major petrochemical customer for process burner testing services, which will demonstrate the operating range and robustness of its burners [3] - The testing process is anticipated to be completed by the fourth quarter of 2025, with the customer evaluating the technology for potential future deliveries at multiple facilities [4] Additional Engineering Orders - On September 17, ClearSign Technologies announced an initial engineering order for the installation of 36 ClearSign Core burners at a U.S. Gulf Coast refinery, indicating growing momentum for its technology in the petroleum industry [5][6] - The project will be executed in multiple phases, with the final delivery of the burners expected in the second half of 2026 [7] Financial Performance - In Q2 2025, ClearSign Technologies reported an adjusted loss of 3 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 4 cents, and an increase in revenues to $0.13 million from $0.04 million in the year-ago quarter, although it missed the consensus estimate of $1 million [8] Stock Performance - ClearSign Technologies' shares have increased by 10.8% over the past year, outperforming the industry growth of 9% [9]

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]