374Water Inc Stock Price, News & Analysis

374Water (NASDAQ: SCWO) has expressed strong support for the EPA's newly announced major actions to combat PFAS contamination. The EPA's comprehensive strategy focuses on strengthening science, fulfilling statutory obligations, enhancing transparency, and building partnerships. The initiative includes implementing PFAS testing under TSCA, providing annual updates to PFAS Destruction and Disposal Guidance, developing effluent limitation guidelines, and establishing a "polluter pays" framework.

CEO Chris Gannon highlighted that these regulatory actions could create strong demand for their AirSCWO platform, which is designed to destroy various organic wastes, including PFAS, to non-detect or below EPA required levels. The company expects increased interest in their technology as organizations seek to limit liabilities and public funds are allocated for cleanup efforts.

374Water Inc. (NASDAQ: SCWO), a global waste destruction technology company, has scheduled its first quarter 2025 earnings conference call for Thursday, May 15, 2025, at 4:30 p.m. Eastern time. CEO Chris Gannon and CFO Russell Kline will host the call, which will include a presentation and Q&A session. The company will release its financial results for Q1 2025 (ended March 31) before the call.

Investors can access the call via U.S. dial-in (1-877-423-9813), international dial-in (1-201-689-8573), or webcast. A replay will be available until May 29, 2025, through both phone access and webcast.

374Water (NASDAQ: SCWO), a leader in waste destruction technology, has appointed James Pawloski as an advisor and nominated him as an Independent Director. The appointment will be voted on at the virtual Annual Meeting of Stockholders on June 11, 2025.

Pawloski brings extensive experience from his recent role as President & CEO of Regeneration and Recovery Solutions at Veolia North America, where he managed a $300 million business line and oversaw $500 million in revenue P&Ls. He notably doubled EBITDA from $40 million to $80 million in the regeneration business.

Prior to Veolia, Pawloski spent 25 years at DuPont, including leadership of their Clean Technologies business. He holds a BS in chemical engineering and an MBA. CEO Chris Gannon expressed confidence that Pawloski's expertise in waste, wastewater, and environmental solutions will support 374Water's commercial growth.

374Water Inc. (NASDAQ: SCWO) has appointed Stephen J. Jones to its Board of Directors, expanding the board to seven members with four independent directors. This appointment satisfies Nasdaq's independent director requirement under Rule 5605(b)(1).

Jones, former President and CEO of Covanta Holding , brings extensive experience in environmental services and industrial sectors. His background includes senior management positions at Air Products and Chemicals, Inc., including serving as China president. He currently serves as a director at Tronox Holdings plc, Badger Infrastructure Solutions , and as Special Advisor to Kanadevia Inova AG.

The appointment aims to leverage Jones' industry expertise and relationships to accelerate 374Water's commercial rollout of AirSCWO Technology for waste destruction in municipal, federal, and industrial markets.

374Water Inc (NASDAQ: SCWO) has announced a settlement agreement with its co-founder and former CEO, Yaacov (Kobe) Nagar, regarding an employment claim filed against the company. The settlement terms remain confidential, but both parties have expressed satisfaction with the resolution.

Current CEO Chris Gannon stated that the company values Nagar's contributions and looks forward to future collaboration. Nagar also expressed optimism about the company's future success in 'SCWOing the world.' The agreement marks a new chapter for both parties, who remain committed to maintaining a productive relationship moving forward.

374Water Inc (NASDAQ: SCWO) reported its Q4 and full year 2024 financial results, highlighting the progress of its AirSCWO waste destruction technology. The company generated revenue of $0.4 million in 2024, down from $0.7 million in 2023. Operating expenses increased 59% to $11.9 million, resulting in a net loss of $12.4 million compared to $8.1 million in 2023.

Key developments include the deployment of AirSCWO system at Orlando's Iron Bridge Water Reclamation Facility, with a second system scheduled for Orange County, CA in 2025. The company secured a contract from North Carolina to destroy AFFF containing PFAS, potentially expanding to 28,000 gallons. Cash position stood at $10.7 million as of December 31, 2024.

The company strengthened its leadership by appointing Russell Kline as CFO and Raj Melkote as CTO, while also completing a $12.2 million registered direct offering.

374Water Inc. (NASDAQ: SCWO) has secured a contract from the State of North Carolina for the destruction of Aqueous Film-Forming Foam (AFFF). The project is part of North Carolina's 60,000-gallon AFFF destruction initiative, representing one of the largest state-led PFAS disposal efforts.

The contract will be executed in two phases: Phase 1 involves treating 1,000 gallons of AFFF, with potential for an additional 28,000 gallons in Phase 2. The company's AirSCWO technology has demonstrated >99.99% destruction and removal efficiency for PFAS waste streams.

This initiative aligns with North Carolina's Responsible Firefighting Foam Management Act (H370) of the 2023-2024 Session and marks a significant step in addressing PFAS contamination. The company will provide Waste Destruction Services (WDS) to the University of North Carolina at Chapel Hill Collaboratory as part of this effort.

374Water Inc. (NASDAQ: SCWO), a global waste destruction technology leader, has announced its participation in the Gabelli Funds' 11th Annual Waste, Recycling & Environmental Services Symposium on April 3rd, 2025, at The Harvard Club, New York City.

The company's management will engage in a Fireside Chat at 2:45 p.m. Eastern time and conduct one-on-one meetings with institutional investors throughout the event. The symposium will showcase presentations from industry-leading companies, focusing on industry dynamics, new technologies, and company fundamentals.

A live audio webcast will be available through the Gabelli website, and management will be available for in-person meetings in New York on April 2nd and 5th, 2025.

374Water Inc (NASDAQ: SCWO), a global leader in waste destruction technology, has scheduled its Fourth Quarter and Full Year 2024 financial results announcement for Thursday, March 27, 2025, after market close. The company will host a conference call at 4:30 p.m. Eastern time to discuss the results.

CEO Chris Gannon and CFO Russell Kline will lead the conference call, which will include a presentation and a Q&A session. The presentation will be accessible during the webcast and afterward through the company's investor relations website. A telephone replay will be available for approximately three hours after the call until April 10, 2025, with replay pin number: 13752175.