Clearsign Technologies Corp Stock Price, News & Analysis

ClearSign Technologies Corporation (Nasdaq: CLIR) announced its first sale of ultra-low NOx boiler burners to the California market, a significant milestone for the company. This product, sold through California Boiler, will help meet stringent sub 5ppm NOx emissions requirements. CEO Jim Deller highlighted the growing traction of this business segment, which also opens doors to new markets such as medical and business waste services. The burner installation is scheduled for the second quarter of 2023, showcasing ClearSign's commitment to enhancing energy efficiency and reducing emissions in various industries.

ClearSign Technologies Corporation (Nasdaq: CLIR) provided an operational update for Q3 2022, emphasizing its advancement in commercial and development projects. The company is focused on a twenty burner project for a California refinery, with the completion of the final purchase order and installation expected in 2023. ClearSign also progressed its 100% hydrogen burner testing, demonstrating successful initial runs. Additionally, a sale of a ClearSign Core™ enclosed oxidizer to a Canadian hydrogen tech firm was announced, alongside the appointment of Gary DiElsi to the Board of Directors. As of September 30, 2022, the company had approximately $9.78 million in cash and equivalents.

ClearSign Technologies Corporation (Nasdaq: CLIR) has received a final purchase order for 16 burners, control equipment, and spare parts as part of a project for a California refinery. This concludes the 20 burner project first announced on March 29, 2022. The remaining burners will be delivered during the refinery's scheduled maintenance in 2023. The CEO expressed satisfaction with project progress and noted the significance of this order in their target market. ClearSign focuses on improving industrial combustion technologies to enhance efficiency and reduce emissions.

ClearSign Technologies Corporation (Nasdaq: CLIR) will host a conference call on December 1, 2022, at 5 PM ET to discuss its financial results for Q3 2022, ending September 30. A 10-Q report will be filed with the SEC soon. Investors can participate via a live call by dialing 1-866-372-4653 in the U.S. or 1-412-902-4217 internationally, or through a webcast available on the company’s investor relations website. The call summary will be archived for 90 days.

ClearSign Technologies Corporation (Nasdaq: CLIR) reported significant operational updates for Q2 2022, highlighting advancements in major product lines and sales activity. Key achievements include a follow-on order for a multi-burner project for a California refinery, an enclosed oxidizer sale to a Canadian hydrogen production company, and the appointment of Gary DiElsi to the Board. The company closed a public offering, raising approximately $4.6 million for various corporate purposes. Additionally, ClearSign received a $250,000 grant from the Department of Energy to develop hydrogen burner technology.

ClearSign Technologies Corporation (Nasdaq: CLIR) announced an accelerated timeline for its twenty burner project for a California refinery. The company has received a purchase order for four burners and anticipates another order for the remaining sixteen in Q4 2022. This advancement follows the completion of engineering and computer modeling, showcasing the company’s ultra low NOx technology. CEO Jim Deller expressed optimism about this significant installation, highlighting collaboration with partner Zeeco Inc.

ClearSign Technologies Corporation (Nasdaq: CLIR) announced the sale of its ClearSign Core™ enclosed oxidizer to a Canadian customer developing technology for clean hydrogen production. This project highlights the company's commitment to low-carbon solutions, enhancing their visibility and potential market reach in the hydrogen energy sector. CEO Jim Deller expressed optimism about the project, emphasizing its alignment with environmental initiatives. This sale may pave the way for further deployments of ClearSign's technologies in the evolving energy landscape.

ClearSign Technologies Corporation (Nasdaq: CLIR) announced a conference call scheduled for September 1, 2022, at 5 PM ET, to discuss its second quarter financial results for the period ending June 30, 2022. The company will file its 10-Q report shortly before the call. Investors can join the call via phone or through a live webcast. The call will also be archived for later access. ClearSign focuses on improving efficiency and safety in industrial combustion systems while reducing emissions.

On August 2, 2022, ClearSign Technologies Corporation (CLIR) announced a transition on its Board of Directors. Bruce A. Pate is stepping down, and Gary J. DiElsi, an experienced energy executive with over 40 years in the industry, is appointed to fill the position. DiElsi has held significant roles in major companies like Chevron and Linde AG and founded Mountain Pass Energy Investing LLC. CEO Jim Deller praised Pate’s contributions and expressed optimism about DiElsi's impact on the company's growth.