AirJoule Selected as Winner of Net Zero Innovation Hub Competition and Invited to Collaborate with Google, Microsoft, and other Industry Leaders on Water-Sustainable Data Centers

Rhea-AI Summary

AirJoule Technologies (NASDAQ: AIRJ) has been selected as one of three winners in the Net Zero Innovation Hub for Data Centers competition, backed by industry giants including Google, Microsoft, Data4, Vertiv, Schneider Electric, and Danfoss. The company's AirJoule™ system was chosen from over 70 applicants for its innovative water harvesting technology.

As a winner, AirJoule will participate in the Net Zero Innovation Hub in early 2026 to demonstrate its technology's ability to harvest water from air using data center waste heat. The system can operate in humidity conditions as low as 20%, making it particularly valuable for data centers in arid regions. This is especially significant as over 40% of planned US data centers are in areas with high or extremely high water stress.

Positive

• Selected as one of only three winners from 70+ applicants in prestigious Net Zero Innovation Hub competition
• Technology validated by major tech leaders including Google and Microsoft
• Addresses critical water sustainability issues in data centers with operations possible in low humidity (20%) conditions
• Strategic positioning in growing market with 40% of planned US data centers in water-stressed areas

Negative

• Technology still requires demonstration phase in 2026
• Commercial implementation timeline not specified

News Market Reaction

+3.54%

3 alerts

+3.54% News Effect

+33.3% Peak Tracked

+$10M Valuation Impact

$307M Market Cap

0.0x Rel. Volume

On the day this news was published, AIRJ gained 3.54%, reflecting a moderate positive market reaction. Argus tracked a peak move of +33.3% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $10M to the company's valuation, bringing the market cap to $307M at that time.

Data tracked by StockTitan Argus on the day of publication.

Collaboration to demonstrate breakthrough water harvesting technology at test facility in 2026

RONAN, Mont., Sept. 25, 2025 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or the “Company”), the leading technology platform that unleashes the power of water from air, today announced that the AirJoule^TM system was named as one of three winners of the Net Zero Innovation Hub for Data Centers competition. The program, backed by Google, Microsoft, Data4, Vertiv, Schneider Electric, and Danfoss, connects European data center operators and suppliers to accelerate the industry’s path to net zero.

“Being selected as a winner by some of the world’s largest technology and infrastructure leaders is a powerful endorsement of the AirJoule^TM platform,” said Matt Jore, Chief Executive Officer of AirJoule Technologies. “This collaboration allows us to demonstrate how AirJoule^TM can both reduce water stress and improve cooling efficiency at scale—two of the most critical challenges facing the global data center industry.”

The competition requested proposals from companies across three themes: Next-Generation Data Center Technologies, Sector Coupling Technologies and Business Models, and Backup Power and Renewable Energy Storage. More than seventy companies applied, and AirJoule^TM was ultimately chosen as one of three winners. AirJoule^TM was the only winner focused on water usage in data centers, reflecting the unique potential of its platform to address water sustainability in mission-critical facilities.

As a winner, AirJoule Technologies has been invited to join the Net Zero Innovation Hub in early 2026 and to work with the group’s partners (Google, Microsoft, Data4, Vertiv, Schneider Electric, and Danfoss) to demonstrate AirJoule^TM’s ability to utilize waste heat from data centers to produce pure water at a data center test facility. The results from this demonstration project will be used to inform further policy recommendations and net-zero reference designs for data centers.

“The Net Zero Start-Up Hub is designed to de-risk and accelerate breakthrough solutions. By supporting these winners and selected companies, we are helping them move from pilot to scalable deployment,” said Alberto Ravagni, CEO of the Net Zero Innovation Hub.

AirJoule^TM’s selection as a winner of the Net Zero Innovation Hub competition underscores the growing importance of improving water sustainability in data center operations. Data centers use millions of gallons of water per day in their cooling systems, placing enormous stress on local watersheds. AirJoule^TM’s technology platform can utilize waste heat from data centers to cost-effectively access the abundant water resources available in the atmosphere. Water harvested by AirJoule^TM can be used for evaporative cooling, to replenish line losses in closed loop systems, or for local water replenishment programs.

AirJoule^TM’s advanced sorbents and proprietary vacuum chamber system enable water harvesting in relative humidity conditions as low as 20%, which can significantly improve water sustainability for data centers located in arid environments. According to a recent study by McKinsey & Co, more than 40% of all planned data centers in the US are in areas with high or extremely high water stress. The rapid growth of data centers creates opportunities for companies like AirJoule Technologies to play a pivotal role in building more sustainable systems. By advancing practical, scalable solutions that address key constraints such as water scarcity, AirJoule Technologies is well positioned to serve as a strategic partner and support sustainable growth.

About AirJoule Technologies Corporation

AirJoule Technologies Corporation (NASDAQ: AIRJ) is the leading technology platform that unleashes the power of water from air. Through its joint venture with GE Vernova and in partnership with Carrier Global, the Company is freeing the world of its water and energy constraints by delivering groundbreaking sorption technologies. For more information, visit  https://airjouletech.com.

Forward-Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding AirJoule Technologies and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, including any oral statements made in connection therewith, the words “could,” “may,” “will,” “should,” “anticipate,” “believe,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, AirJoule Technologies expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release.

AirJoule Technologies cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond AirJoule Technologies’ control. These risks include, but are not limited to, our status as an early stage Company with limited operating history, which may make it difficult to evaluate the prospects for our future viability; our initial dependence on revenue generated from a single product; significant barriers we face to deploy our technology; the dependence of our commercialization strategy on our relationships with BASF, Carrier, GE Vernova, and other third parties history of losses, and the other risks and uncertainties described in our SEC filings including the “Risk Factors” section of our most recent Annual Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. AirJoule Technologies’ SEC Filings are available publicly on the SEC’s website at www.sec.gov, and readers are urged to carefully review and consider the various disclosures made in such filings.

Contact

Investor Relations & Media:
Tom Divine – Vice President, Investor Relations and Finance
investors@airjouletech.com

FAQ

What did AirJoule (NASDAQ: AIRJ) win in the Net Zero Innovation Hub competition?

AirJoule was selected as one of three winners in the Net Zero Innovation Hub for Data Centers competition, backed by Google, Microsoft, and other industry leaders, for their innovative water harvesting technology.

How does AirJoule's technology help data centers with water sustainability?

AirJoule's system harvests water from air using data center waste heat, operating in humidity conditions as low as 20%. The water can be used for cooling systems and local water replenishment programs.

When will AirJoule demonstrate its technology at the Net Zero Innovation Hub?

AirJoule will join the Net Zero Innovation Hub in early 2026 to demonstrate their technology at a data center test facility.

Which major companies are backing the Net Zero Innovation Hub competition?

The competition is backed by Google, Microsoft, Data4, Vertiv, Schneider Electric, and Danfoss.

What percentage of planned US data centers are in water-stressed areas?

According to McKinsey & Co, more than 40% of all planned data centers in the US are located in areas with high or extremely high water stress.