AirJoule Technologies Identifies Nexus Data Centers as AI Hyperscale Developer and Advances Existing MOU Toward First Deployment of Onsite Water Purchase Agreement Using Waste Heat from Planned Nexus Data Centers Campus Under Construction in Hubbard, Texas
Rhea-AI Summary
AirJoule Technologies (NASDAQ: AIRJ) identified Nexus Data Centers as the AI hyperscale developer named in its June 2025 MOU and said it is advancing toward a first industrial-scale Water Purchase Agreement (WPA). AirJoule expects initial system deployments at Nexus’ Hubbard, Texas mega campus in H2 2026, subject to campus phasing.
AirJoule converts data-center waste heat into high-purity distilled water using metal-organic frameworks; a Hubbard field demonstration has produced performance data supporting the Nexus deployment. AirJoule was also named a Net Zero Innovation Hub winner in September 2025.
Positive
- Initial WPA deployment targeted for H2 2026
- Field demonstration in Hubbard produced operational performance data
- Selected as Net Zero Innovation Hub winner in September 2025
Negative
- WPA deployment is subject to campus phasing
- No contracted water volumes, pricing, or revenue figures disclosed
News Market Reaction
On the day this news was published, AIRJ declined 3.81%, reflecting a moderate negative market reaction. Argus tracked a peak move of +16.5% during that session. Argus tracked a trough of -4.0% from its starting point during tracking. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $8M from the company's valuation, bringing the market cap to $192M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers in Building Products & Equipment show mixed moves (e.g., PPIH +2.56%, ASPN +2.74%, INVE -3.06%), while only one scanned peer (NX +24.01%) had strong upside without news, suggesting AIRJ’s move is company-specific to its AI data center WPA progress.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 02 | AI data center WPA | Positive | -3.8% | Named Nexus as AI hyperscale partner and advanced first industrial-scale WPA. |
| Nov 13 | Q3 2025 earnings | Positive | -8.0% | Reported Q3 results, JV funding, field demo in Hubbard, and strong cash balance. |
| Nov 07 | Earnings scheduling | Neutral | +0.6% | Announced timing and access details for upcoming Q3 2025 earnings call. |
| Oct 09 | MOF validation | Positive | -7.2% | Tied Nobel Prize for MOFs to commercial potential and ongoing deployments. |
| Oct 07 | Defense collaboration | Positive | -0.7% | Announced three-year CRADA with U.S. Army ERDC for waste-heat water generation. |
Recent positive strategic and validation news for AIRJ has often coincided with negative short-term price reactions, indicating a pattern of selling into good news.
Over the last six months, AirJoule reported several milestones, including a three-year CRADA with the U.S. Army ERDC on waste-heat-driven potable water (Oct 7, 2025) and highlighting MOF technology following the 2025 Nobel Prize (Oct 9). It then scheduled and released Q3 2025 earnings in mid-November, noting commercialization steps and liquidity. Despite these largely positive updates, shares generally declined post-announcement. Today’s AI-focused WPA advancement with Nexus Data Centers continues the theme of commercialization in data centers.
Regulatory & Risk Context
On Nov 14, 2025, AIRJ filed an effective S-3 shelf allowing up to $150,000,000 of securities, with one recorded usage via a 424B3 prospectus. This provides flexibility to raise capital in tranches, which can support commercialization but also introduces ongoing dilution risk depending on future offerings.
Market Pulse Summary
This announcement advances AirJoule’s commercialization by naming Nexus as its AI hyperscale data center collaborator and targeting initial WPA-based deployments in H2 2026 at a Texas mega campus. It builds on earlier defense and MOF-related validation and ongoing field demos in Hubbard. Investors may track progress from demo to full-scale deployment, funding choices under the $150,000,000 shelf, and how atmospheric water systems gain adoption among large industrial water users such as data centers and manufacturers.
Key Terms
metal-organic frameworks technical
water purchase agreement financial
circular economy technical
atmospheric water generation technical
AI-generated analysis. Not financial advice.
Commercial framework positions the AirJoule™ platform technology to deliver pure distilled water using waste heat at unprecedented industrial scale
RONAN, Mont., Dec. 02, 2025 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or “AIRJ”), today identified Nexus Data Centers (“Nexus”) as the AI hyperscale data center developer previously referenced in its June 2025 memorandum of understanding (“MOU”) press release and is now accelerating the first deployment of AirJoule systems via an industrial-scale Water Purchase Agreement (“WPA”).
Under the proposed WPA, AIRJ expects to deploy initial AirJoule systems at Nexus’ mega campus in Hubbard, Texas in the second half of 2026, subject to campus phasing. AirJoule utilizes waste heat and metal-organic frameworks – the subject of the 2025 Nobel Prize in Chemistry – to produce high purity distilled water from air. In this deployment, waste heat from Nexus’ onsite power generation and data center operations will be used to produce water that will then be sold to Nexus for use in power generation, cooling systems, and other operational requirements.
The collaboration with Nexus exemplifies the convergence of circular economy principles with critical digital infrastructure: transforming thermal energy that would otherwise be dissipated into the atmosphere into valuable water resources, while simultaneously addressing the urgent water security needs facing AI hyperscale data center development.
Earlier this year, in collaboration with the City of Hubbard and Nexus, AIRJ deployed a field demonstration system in Hubbard to validate waste-heat-to-water performance in real-world operational conditions. The Hubbard deployment has been generating performance data and demonstrating system reliability across diverse environmental conditions, which has been critical in preparing for the Nexus deployment and other future data center and commercial installations.
Strategic Validation for Industrial-Scale Atmospheric Water Generation
“Identifying Nexus as our AI hyperscale collaborator underscores the progress we’ve made under our June MOU and our path toward a first deployment of an industrial-scale water purchase agreement,” said Matt Jore, Chief Executive Officer of AirJoule Technologies. “Nexus is constructing one of the largest AI data center campuses in the world, and our continued work together supports validation that AirJoule’s waste-heat-to-water platform can address urgent water security and sustainability needs for data center operators and other industrial customers.”
“We’re excited to be working with AirJoule Technologies on a water purchase agreement where AirJoule will sustainably produce distilled water from our operational waste heat,” said Ivan Van der Walt, Managing Partner of Nexus Data Centers. “Water sustainability is a critical consideration for data center operators. AirJoule’s waste-heat-to-water approach provides a superior solution by utilizing thermal energy we are already generating to produce high purity water for electricity production and cooling systems, and the WPA framework aligns well with our financial objectives.”
Expanding Market Validation and Commercial Pipeline
Progress on a WPA deployment with Nexus reinforces AIRJ’s go-to-market strategy of targeting large-scale industrial water consumers. This Nexus deployment is consistent with AirJoule’s selection in September 2025 as a winner of the Net Zero Innovation Hub for Data Centers competition (backed by Google, Microsoft, Data4, Vertiv, Schneider Electric, and Danfoss) that 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. AirJoule’s platform technology utilizes waste heat from data centers to cost-effectively access the abundant water resources available in the atmosphere. Water harvested by AirJoule can be used for evaporative cooling, to replenish line losses in closed loop systems, for power generation, or for local water replenishment programs.
AIRJ’s growing commercial pipeline beyond data center operators now includes discussions with advanced manufacturing facilities, food and beverage companies, chemical manufacturers, residential developers in water-stressed regions, and defense installations. The Nexus collaboration is expected to accelerate additional commercial commitments as prospective customers observe successful deployment at one of the world’s largest AI data center campuses.
About AirJoule Technologies Corporation
AirJoule Technologies Corporation (NASDAQ: AIRJ) is a leading technology platform that unleashes the power of water from air. Through its joint venture with GE Vernova and in partnership with Carrier Global Corporation, the company’s purpose is freeing the world of its water and energy constraints by delivering groundbreaking sorption technologies. For more information, visit https://airjouletech.com.
Follow AirJoule Technologies on LinkedIn: https://www.linkedin.com/company/airjoule-tech/
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,” “positioned,” “target,” 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.
Trademark Protection
AirJoule Technologies’ name, logos and website name and address are trademarks or service marks. Solely for convenience, in some cases, the trademarks, trade names and service marks referred to in this press release are listed without the applicable ®, ™ and ℠ symbols, but AirJoule Technologies will assert, to the fullest extent under applicable law, its rights to these trademarks, trade names and service marks.
Contact
Investor Relations & Media:
Tom Divine – Vice President, Investor Relations and Finance
investors@airjouletech.com
FAQ
What did AirJoule announce about Nexus Data Centers and the WPA for AIRJ?
When does AirJoule expect to deploy systems at the Nexus Hubbard campus (AIRJ)?
How will AirJoule produce water for Nexus (AIRJ)?
What validation supports the Nexus deployment for AIRJ?
What uses will Nexus have for water supplied by AirJoule (AIRJ)?
Does the AirJoule WPA with Nexus include specific volumes or pricing (AIRJ)?
