Airjoule Technologies Corp Stock Price, News & Analysis

AirJoule Technologies (NASDAQ: AIRJ) has signed a memorandum of understanding with a hyperscale data center developer to utilize its AirJoule® technology for generating pure water from ambient air using data center waste heat. The collaboration aims to integrate AirJoule's proprietary system into data center designs, creating a sustainable water source for cooling and other needs while reducing dependence on local water resources. The technology uses patented sorbent materials and a dual-chamber pressure system to extract PFAS-free distilled water from the atmosphere. This initiative addresses growing concerns about data center water consumption, which can exceed millions of gallons annually per facility, particularly in water-stressed regions. The initial phase will focus on engineering assessments and performance modeling before deployment.

AirJoule Technologies (NASDAQ: AIRJ), a company developing water separation technology from air, will join the Russell 3000® Index effective June 30, 2025, following the annual reconstitution. The Russell 3000® Index includes the 3,000 largest US public companies by market capitalization, with rankings based on market cap as of April 30, 2025. This inclusion automatically places AirJoule in either the large-cap Russell 1000® or small-cap Russell 2000® Index. The Russell indexes are significant benchmarks for investment strategies, with approximately $10.6 trillion in assets benchmarked against them as of June 2024. CEO Matt Jore highlighted this milestone as recognition of their progress in developing water scarcity and energy efficiency solutions.

AirJoule Technologies (NASDAQ: AIRJ), a developer of water separation technology, announced its Q1 2025 results highlighting significant strategic developments. The company initiated a collaboration with GE Vernova to integrate AirJoule® technology for converting waste heat into pure water. They signed an agreement with Arizona State University for the delivery of an AirJoule® A250™ system for research purposes by September 2025.

The company deployed its first system in Dubai and expanded its Newark manufacturing facility to 35,000 square feet. AirJoule completed a $15 million private placement financing led by GE Vernova, following GE's initial $5 million investment. The company ended Q1 with $23 million in cash, providing sufficient funding through expected commercial sales in 2026.

AirJoule Technologies (NASDAQ: AIRJ), a company developing the AirJoule® system for water extraction from air, has scheduled its Q1 2025 earnings release for Monday, May 12, 2025, after market close. The company will host a conference call and Q&A session on Tuesday, May 13, 2025, at 8:30 AM ET.

Investors can access the live audio webcast through the company's investor relations website. For phone participation, domestic callers can dial 877-407-6184, while international participants should use +1-201-389-0877. An archived version of the webcast will be available after the call.

AirJoule Technologies (NASDAQ: AIRJ) has secured a $15 million private placement investment led by GE Vernova, following their breakthrough in water separation technology. The AirJoule® system can now separate water from air at less than 160 watt-hours per liter using low-grade waste heat from industrial operations.

GE Vernova's participation builds on their previous $5 million investment from March 2024, which established a 50/50 joint venture. The funding will accelerate the commercialization of AirJoule® A1000™ units, expected to produce 1,000-3,000 liters of pure water daily, with pilot deployments planned for 2025.

The companies will collaborate on a strategic waste heat to water project, exploring the integration of AirJoule® technology into GE Vernova products, targeting applications in data centers, power generation, and advanced manufacturing.

AirJoule Technologies (NASDAQ: AIRJ) has announced a collaboration with Arizona State University (ASU) to advance atmospheric water harvesting technology in low humidity environments. ASU will purchase one AirJoule® A250TM unit, capable of producing 250 liters of pure distilled water daily from ambient air.

The system utilizes advanced sorbents and a dual-chamber vacuum system, proving to be 4x more efficient than refrigerant-based systems and 8x more efficient than desiccant systems when using low-grade waste heat. The unit will be tested in Phoenix, where humidity levels often fall below 20%, to evaluate its performance in arid conditions.

The collaboration, led by ASU's Dr. Paul Westerhoff, Director of the Global Center for Water Technology, is scheduled to begin in Q3 2025 and will include peer-reviewed academic research on system performance in arid environments.

AirJoule Technologies (NASDAQ: AIRJ) has announced breakthrough performance in its water harvesting technology. The AirJoule® system demonstrated the ability to produce pure distilled water from air using less than 160 watt-hours per liter (Wh/L), making it up to 4x more efficient than refrigerant-based systems and 8x more efficient than desiccant-based systems.

Key 2024 achievements include:

• Formation of a 50/50 joint venture with GE Vernova
• Binding commercialization agreement with Carrier Global
• Establishment of a 35,000 sq ft facility in Newark, DE
• Opening of first international office in UAE

Financial highlights include completion of a $50 million PIPE financing in March 2024, an additional $12 million PIPE in June 2024, and year-end cash position of $28 million. The company secured a new $30 million committed equity facility with B. Riley for future growth.

AirJoule Technologies (NASDAQ: AIRJ), developer of the AirJoule® water separation system, has scheduled its Fourth Quarter and Full Year 2024 financial results announcement. The company will release results after market close on March 25, 2025, followed by a conference call and Q&A session on March 26, 2025 at 8:30 AM ET.

Investors can access the live audio webcast through the company's investor relations website. For phone participation, domestic callers can dial 877-407-6184, while international participants should use +1-201-389-0877. An archived version of the webcast will be available after the call.

AirJoule Technologies (NASDAQ: AIRJ) announced its Q3 2024 results, highlighting key developments in its atmospheric water harvesting technology. The company signed agreements with TenX Investment, Climate Impact , and Clairity Technology for various applications of AirJoule® technology. They opened their first international office in UAE and are transitioning operations to Newark, Delaware. The company ended Q3 with $30.7 million in cash and expects sufficient liquidity through anticipated commercial sales in 2026. The initial manufacturing line and assembly operations at the Newark Facility are expected to be operational by mid-2025, with first commercial-scale preproduction units planned for the same timeframe.