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AirJoule Technologies to Showcase its Groundbreaking Platform for “Waste Heat to Water” Project in Texas, Unleashing the Power of Water from Air

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AirJoule Technologies (NASDAQ: AIRJ) has announced a groundbreaking agreement to deploy its AirJoule® system in Hubbard, Texas, marking its first field deployment using geothermal low-grade waste heat to produce pure water from air. The project will utilize heat from a geothermal water well to demonstrate the system's capability to generate PFAS-free distilled water.

The initiative comes as Texas approves $2.5 billion in water infrastructure funding and proposes a $1 billion annual investment for twenty years. The project, scheduled to begin in Q4 2025 and complete by Q1 2026, aims to achieve potability certification for municipal and industrial applications. GE Vernova's Advanced Research Center has independently verified the system's ability to produce pure, PFAS-free water through a 50/50 joint venture.

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Positive

  • Partnership with City of Hubbard, Texas for first field deployment of waste heat to water technology
  • Independent verification of water purity by GE Vernova through 50/50 joint venture
  • Strategic timing with Texas' $2.5B water infrastructure funding approval
  • Technology offers solution for PFAS-free water production at point of use

Negative

  • Project completion not expected until Q1 2026
  • Still requires regulatory certification for potability
  • Limited to locations with available waste heat sources

News Market Reaction 1 Alert

+6.62% News Effect

On the day this news was published, AIRJ gained 6.62%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Project to include regulatory certification for potability and validation of AirJoule®’s use of geothermal low-grade waste heat to produce pure, distilled water from air

RONAN, Mont., Aug. 07, 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 an agreement to deploy an AirJoule® system in the City of Hubbard, Texas. The project, which will recover heat from a geothermal water well, will be the Company’s first field deployment of AirJoule® to use low-grade waste heat to produce pure water from ambient air.

“This project highlights an important application of our AirJoule® platform: the ability to unleash the power of water from air by using low-grade waste heat to produce high-value distilled water from the air at the point of use,” said Matt Jore, CEO of AirJoule Technologies. “While this project uses geothermal heat, the same platform can use waste heat from manufacturing operations and energy production infrastructure—unlocking a distributed and sustainable water solution for industry.”

Texas is an important early market for AirJoule®, with a growing number of communities and industrial operators facing structural water quality constraints. In response to this growing problem, the Texas Legislature recently approved $2.5 billion in funding for water infrastructure and proposed a constitutional amendment to invest $1 billion annually for twenty years into a state-wide water infrastructure fund.

By generating water from air using any readily available low-grade waste heat, the AirJoule® platform offers a scalable and energy-efficient alternative that mitigates strain on groundwater and surface water resources.

“The City of Hubbard is proud to serve as the host for this project,” said Mary Alderman, the Mayor of Hubbard, TX.Like many communities in Texas and across the country, we’re facing growing concerns about water quality, aging infrastructure, and contamination. What’s so compelling about AirJoule® is that it produces pure, distilled, PFAS-free water right at the source. We believe it can be part of the long-term solution for communities and industries that need clean water without compromise.”

“Through our 50/50 joint venture with AirJoule Technologies, we have conducted independent testing of the water produced by the AirJoule® system,” said Dr. David Moore, Executive Manager at the GE Vernova Advanced Research Center in Niskayuna, New York. “The results confirmed that AirJoule®’s process delivers pure, PFAS-free, distilled water. I believe this capability can help solve critical water challenges facing communities and industrial operations around the world.”

As part of the project with the City of Hubbard, AirJoule Technologies intends to pursue certification that the potable water produced is fully compliant with all minimum drinking water standards, a key regulatory milestone that will enable the Company to support high-volume municipal and industrial customers with onsite water production.

The project is expected to commence in Q4 2025 and be completed by the end of Q1 2026. Pending successful testing and potability certification, the Company expects to initiate additional deployments to support water requirements for high value applications. This represents an important step in the Company’s strategy to commercialize its AirJoule® platform across a wide range of industrial applications in water-scarce regions around the world.

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 Corporation, the Company is freeing the world of its water and energy constraints by delivering groundbreaking sorption technologies. For more information, visit  https://airjouletech.com.

Contact

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


FAQ

What is AirJoule Technologies' new water production project in Texas?

AirJoule Technologies is deploying its AirJoule® system in Hubbard, Texas to produce pure, distilled water from air using geothermal waste heat, with the project scheduled for Q4 2025 to Q1 2026.

How does AirJoule's (AIRJ) water production system work?

The AirJoule® system utilizes low-grade waste heat from sources like geothermal wells or manufacturing operations to produce pure, distilled water from ambient air at the point of use.

What are the advantages of AirJoule's (AIRJ) water production technology?

The technology produces PFAS-free distilled water, requires no groundwater usage, operates at point of use, and utilizes existing waste heat sources for energy-efficient water production.

When will AirJoule's (AIRJ) Hubbard project be operational?

The project is scheduled to commence in Q4 2025 and expected to be completed by the end of Q1 2026.

Has AirJoule's (AIRJ) water production technology been independently verified?

Yes, GE Vernova's Advanced Research Center has independently verified through a 50/50 joint venture that the system produces pure, PFAS-free, distilled water.
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