Fuel Tech Announces Air Pollution Control Contracts Valued at Approximately $2.6 Million

Rhea-AI Summary

Fuel Tech (NASDAQ: FTEK) announced two new air pollution control contracts with industrial customers totaling approximately $2.6 million. One order, from a new domestic industrial customer, covers SCR systems with UDI Urea Direct Injection reagent delivery systems for two new natural gas-fired turbines, targeting reductions in NOx, CO and VOC emissions while avoiding ammonia handling hazards.

Engineering for this project begins immediately, with equipment delivery scheduled for Q4 2027. A separate change order from a repeat domestic customer modifies scope and accelerates delivery of an ongoing SCR project, now expected to be completed in Q3 2026. According to Fuel Tech, these awards increase announced year-to-date bookings to $12.6 million as the company continues to pursue additional APC contracts expected by the end of Q3 2026.

Positive

• $2.6 million in new APC contracts with industrial customers
• Order from a new domestic industrial customer for SCR and UDI systems
• Change order from repeat customer to accelerate SCR project delivery
• Year-to-date announced bookings reach $12.6 million

Negative

• None.

Market Context

The platform’s low short-interest signal provides positioning context for these contract awards with...

Analysis

The platform’s low short-interest signal provides positioning context for these contract awards without establishing fundamental value. No recent insider activity was reported; booking conversion and delivery execution remain relevant items to monitor.

Key Figures

APC contract value: $2.6 million Contracts awarded: 2 contracts New turbines: 2 turbines +4 more

7 metrics

APC contract value $2.6 million Two air pollution control contracts

Contracts awarded 2 contracts Industrial customers

New turbines 2 turbines Natural gas-fired turbine SCR systems

Equipment delivery Q4 2027 New customer order

System delivery Q3 2026 Repeat customer change order

Year-to-date bookings $12.6 million Announced bookings year to date

Installed units over 2,100 units Utility, industrial, and municipal units worldwide

Historical Context

5 past events · Latest: Jul 21 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jul 21	Earnings scheduling	Neutral	+1.3%	Scheduled release and conference call for 2026 second-quarter financial results.
Jun 24	Index inclusion	Positive	-1.0%	Announced inclusion in Russell Microcap Index effective June 29, 2026.
May 05	Quarterly earnings	Negative	-13.2%	Reported lower revenue, wider loss, and stronger APC segment performance.
Apr 28	APC contract awards	Positive	+13.1%	Announced $10 million in APC contracts and a turbine project.
Apr 23	Earnings scheduling	Neutral	+0.8%	Scheduled release and conference call for first-quarter 2026 results.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Historical responses were mixed: the prior APC contract announcement aligned with a 13.14% gain, while Q1 results aligned with a 13.21% decline.

Key Terms

selective catalytic reduction, urea direct injection, nitrogen oxide, volatile organic compounds, +1 more

5 terms

selective catalytic reduction technical

"An order was received ... to supply Selective Catalytic Reduction (SCR) systems"

Selective catalytic reduction is an emissions control system fitted to diesel engines that injects a harmless liquid reagent and passes exhaust through a catalyst to convert nitrogen oxides into nitrogen and water. Think of it as a chemical “cleaning step” added to an engine’s exhaust pipe. Investors care because regulations and enforcement drive demand for these systems and their consumables, affect manufacturing costs, create aftermarket service needs, and can influence fines or compliance expenditures for vehicle makers and fleet operators.

urea direct injection technical

"UDI Urea Direct Injection reagent delivery systems utilizing a multi-function catalyst"

A process used in diesel engine exhaust systems where a liquid urea solution is injected directly into the exhaust stream so it chemically reduces nitrogen oxides (NOx) before they exit the tailpipe. Investors care because it is part of emissions-control systems that affect vehicle regulatory compliance, fuel and operating costs, and demand for related hardware and consumables such as urea solution and dosing equipment.

nitrogen oxide technical

"These systems will provide high levels of nitrogen oxide (NOx) reduction"

Gases made of nitrogen and oxygen, most commonly nitric oxide (NO) and nitrogen dioxide (NO2), produced by combustion, industrial processes, and some chemical reactions; think of them like components of exhaust that form in high-heat conditions. They matter to investors because they are regulated air pollutants with health and environmental impacts, and emissions levels can drive compliance costs, permitting requirements, liability risk, and changes in operating or capital expenses for affected companies.

volatile organic compounds technical

"reducing carbon monoxide (CO) and volatile organic compounds (VOC)"

Volatile organic compounds (VOCs) are carbon-based chemicals that easily evaporate into the air at room temperature, like the strong-smelling fumes from paint or gasoline. Investors should care because VOCs can trigger health and environmental regulations, cleanup obligations, fines, and restrictions that raise costs, limit operations or reduce property values; think of them as invisible liabilities that can affect a company’s finances and reputation.

computational fluid dynamics technical

"rely heavily on the Company’s exceptional Computational Fluid Dynamics modeling capabilities"

A computer-based method for creating virtual models of how liquids and gases move and interact with objects, like a digital wind tunnel that predicts airflow, water flow or blood flow around designs. Investors care because it lets companies test and improve products, cut costly physical prototypes, and spot problems earlier—which can speed development, reduce R&D costs and lower the risk that a product or design will fail in the real world.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WARRENVILLE, Ill., July 29, 2026 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced the award of two air pollution control (APC) contracts valued at approximately $2.6 million with industrial customers.

An order was received from a new domestic industrial customer to supply Selective Catalytic Reduction (SCR) systems with UDI Urea Direct Injection reagent delivery systems utilizing a multi-function catalyst for two new natural gas fired turbines. These systems will provide high levels of nitrogen oxide (NO_x) reduction, as well as reducing carbon monoxide (CO) and volatile organic compounds (VOC) to meet the site requirements. The UDI system eliminates the hazards associated with the transport, storage and handling of anhydrous or aqueous ammonia. Fuel Tech will commence engineering work immediately with equipment delivery in the fourth quarter of 2027.

A change order was received from a repeat domestic customer to modify the scope and accelerate the delivery of an on-going SCR project. Delivery of the system for this industrial production unit will be completed in the third quarter of 2026.

“We are pleased to announce these contract awards to support the needs of our industrial customers. These orders bring us to $12.6 million in announced bookings year to date. We are continuing to actively pursue additional APC contracts that are likely to be awarded by the end of the third quarter of 2026,” said Vincent J. Arnone, President and CEO.

About Fuel Tech

Fuel Tech develops and commercializes state-of-the-art proprietary technologies for air pollution control, process optimization, water treatment, and advanced engineering services. These technologies enable customers to operate in a cost-effective and environmentally sustainable manner. Fuel Tech is a leader in nitrogen oxide (NOx) reduction and particulate control technologies, and its solutions have been installed on over 2,100 utility, industrial and municipal units worldwide. The Company’s chemical technologies improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion and opacity. This includes Fuel Tech’s advanced TIFI^® Targeted In-Furnace Injection™ technology which offers an innovative solution to fireside treatment on boilers using coal, oil or biomass. Water treatment technologies include DGI^® Dissolved Gas Infusion Systems which utilize a patented saturator and a patent-pending channel injector to deliver supersaturated oxygen solutions and other gas-water combinations to target process applications or environmental issues. This infusion process has a variety of applications in the water and wastewater industries, including remediation, aeration, biological treatment and wastewater odor management. Many of Fuel Tech’s products and services rely heavily on the Company’s exceptional Computational Fluid Dynamics modeling capabilities, which are enhanced by internally developed, high-end visualization software. For more information, visit Fuel Tech’s web site at ftek.com.

NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking statements” as defined in Section 21E of the Securities Exchange Act of 1934, as amended, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and reflect Fuel Tech’s current expectations regarding future growth, results of operations, cash flows, performance and business prospects, and opportunities, as well as assumptions made by, and information currently available to, our management. Fuel Tech has tried to identify forward-looking statements by using words such as “anticipate,” “believe,” “plan,” “expect,” “estimate,” “intend,” “will,” and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. These statements are based on information currently available to Fuel Tech and are subject to various risks, uncertainties, and other factors, including, but not limited to, those discussed in Fuel Tech’s Annual Report on Form 10-K in Item 1A under the caption “Risk Factors,” and subsequent filings under the Securities Exchange Act of 1934, as amended, which could cause Fuel Tech’s actual growth, results of operations, financial condition, cash flows, performance and business prospects and opportunities to differ materially from those expressed in, or implied by, these statements. Fuel Tech undertakes no obligation to update such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events, developments, or changed circumstances or for any other reason. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those detailed in Fuel Tech’s filings with the Securities and Exchange Commission.

CONTACT:	Vince Arnone	Devin Sullivan
	President and CEO	Managing Director
	(630) 845-4500	The Equity Group Inc.
		dsullivan@theequitygroup.com

FAQ

What new contracts did Fuel Tech (NASDAQ: FTEK) announce on July 29, 2026?

Fuel Tech announced two new air pollution control contracts totaling about $2.6 million with industrial customers. According to Fuel Tech, one is a new SCR and UDI system order, and the other is a change order on an existing SCR project.

How much are Fuel Tech’s new air pollution control contracts worth for FTEK shareholders?

The newly announced air pollution control contracts are valued at approximately $2.6 million. According to Fuel Tech, these awards lift announced year-to-date bookings to $12.6 million, reflecting additional commercial traction in its emissions control solutions for industrial applications.

When will Fuel Tech (FTEK) deliver the new SCR and UDI systems announced in July 2026?

Fuel Tech plans to begin engineering work immediately and deliver equipment in Q4 2027. According to Fuel Tech, this order covers SCR and UDI systems for two new natural gas-fired turbines at a domestic industrial customer site.

What technologies are included in Fuel Tech’s new $2.6 million APC contracts for FTEK?

The contracts include Selective Catalytic Reduction (SCR) systems and UDI Urea Direct Injection reagent delivery systems. According to Fuel Tech, these technologies reduce NOx, CO and VOC emissions and eliminate hazards from transporting and handling anhydrous or aqueous ammonia.

How did the new contracts affect Fuel Tech’s 2026 year-to-date bookings for FTEK?

The new air pollution control awards increased Fuel Tech’s announced 2026 year-to-date bookings to $12.6 million. According to Fuel Tech, it is also actively pursuing additional APC contracts that it expects may be awarded by the end of the third quarter of 2026.

What change order did Fuel Tech (FTEK) receive from a repeat customer in 2026?

Fuel Tech received a change order from a repeat domestic customer to modify scope and accelerate an ongoing SCR project. According to Fuel Tech, delivery for this industrial production unit is now scheduled for completion in the third quarter of 2026.