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374Water Releases First Investor Presentation Under New Leadership Team

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374Water (NASDAQ:SCWO) released an updated investor presentation on April 16, 2026 outlining commercial progress, operational scale-up in Orlando, strategic partnerships, and leadership changes. The presentation highlights AirSCWO destruction efficiencies often exceeding 99.99%, a global addressable market above $450B, and plans to expand Waste Destruction Services and build additional systems.

The company named Daniel Bogar CEO in February 2026, added independent directors, reported anchor partnerships across municipal, federal and industrial sectors, and said it is pursuing additional capital to fund growth.

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Positive

  • AirSCWO destruction efficiencies often exceed 99.99%
  • Global addressable market estimated above $450B
  • Appointed Daniel Bogar as CEO (Feb 2026) and added independent directors
  • Scaling Waste Destruction Services hub in Orlando, FL

Negative

  • Company is pursuing additional capital to scale operations, which may dilute shareholders
  • Commercial deployment and scale-up depend on successful integration with partner facilities and contractors

News Market Reaction – SCWO

-3.52%
-3.52% Session close to close

In the Apr 16 session, SCWO declined 3.52%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement packages 374Water’s strategy under its new leadership, stressing AirSCWO’s >99.99%...
Analysis

This announcement packages 374Water’s strategy under its new leadership, stressing AirSCWO’s >99.99% destruction efficiency, expansion of Waste Destruction Services in Orlando, and a stated >$450B global market across municipal, federal, and industrial sectors. Investors may track execution on revenue-generating contracts, scaling of WDS hubs, capital deployment under the new board, and any use of the existing $100,000,000 shelf registration.

Key Figures

Destruction efficiency: >99.99% Global addressable market: >$450B Core demand sectors: 3 sectors
3 metrics
Destruction efficiency >99.99% AirSCWO PFAS and organic pollutant destruction efficiency
Global addressable market >$450B Stated global market for organics destruction technologies including AirSCWO
Core demand sectors 3 sectors Municipal, federal, and industrial demand drivers for AirSCWO

Historical Context

5 past events · Latest: Apr 14 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 14 Board reappointment Positive +3.5% Reappointment of Rick Davis to Board, adding capital markets experience.
Mar 31 Full-year earnings Negative +1.8% 2025 results with lower revenue, higher expenses, wider net loss, limited cash.
Mar 19 Mobile system deployment Positive +5.9% Readying mobile AirSCWO system for St. Cloud PFAS pilot operations.
Mar 12 Municipal order Positive -3.1% Garney Construction purchase order triggering $2.3M invoice for Olathe system.
Mar 10 Orlando WDS hub Positive -4.0% Five-year Orlando WDS agreement with two five-year extension options.

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

Pattern Detected

News has often led to modest moves, with several positive commercial updates seeing mixed or negative next-day reactions, while governance and deployment milestones sometimes drew positive responses.

Recent Company History

Over the last month, 374Water announced Orlando WDS licensing, a Garney/Olathe purchase order, a mobile AirSCWO deployment to St. Cloud, full-year 2025 results, and Rick Davis’s board return. Commercial wins and PFAS destruction milestones have alternated between positive and negative price reactions. Today’s investor presentation under the refreshed leadership and board continues the narrative of scaling WDS in Orlando, growing municipal deployments, and emphasizing disciplined capital and strategic execution.

Key Terms

supercritical water oxidation, pfas, granulated activated carbon, ion exchange resin, +3 more
7 terms
supercritical water oxidation medical
"developing supercritical water oxidation technology for the destruction of organic waste"
Supercritical water oxidation is a process that uses extremely hot and pressurized water to break down waste materials into harmless substances, such as carbon dioxide and water. It is considered an efficient and environmentally friendly method for treating hazardous waste streams. For investors, advancements or increased adoption of this technology can signal growth opportunities in waste management and environmental services sectors.
pfas medical
"permanent destruction of PFAS and other hazardous organic waste"
PFAS are a group of human-made chemicals used in many everyday products, such as non-stick cookware, water-repellent clothing, and food packaging, because they resist heat, water, and grease. They are often called "forever chemicals" because they do not break down easily in the environment or the human body, potentially leading to health concerns. For investors, the presence of PFAS-related risks can impact companies’ reputations, legal liabilities, and future costs.
granulated activated carbon technical
"Spent granulated activated carbon ("GAC") and ion exchange resin ("IX")"
Granulated activated carbon is a porous, charcoal-like material formed into small, hard pellets that trap chemicals, odors and contaminants from water or air much like a reusable sponge or charcoal filter. It matters to investors because it is widely used in water treatment, air purification, manufacturing and environmental cleanup, creating steady demand, recurring replacement costs and regulatory-driven spending that can affect a company’s revenues, operating expenses and project timelines.
ion exchange resin technical
"granulated activated carbon ("GAC") and ion exchange resin ("IX"), foam fractionate"
A solid material that captures and releases charged particles (ions) from liquids, working like a sponge that swaps unwanted bits for harmless ones to purify, separate, or recover chemicals. Investors care because these resins are key components in water treatment, pharmaceutical manufacturing and chemical production, affecting product quality, compliance, operating costs and potential recurring sales from replacement and service contracts.
aqueous film forming foam technical
"foam fractionate, and aqueous film forming foam ("AFFF") can be received"
Aqueous film forming foam (AFFF) is a liquid firefighting agent that spreads across flammable liquid surfaces to smother and cool fires, like putting a breathable blanket over a spill to stop flames. It matters to investors because many formulations contain long-lasting chemicals linked to environmental contamination and health risks, creating potential cleanup costs, legal liabilities, regulatory bans, and shifts in demand toward safer alternatives.
waste destruction services technical
"plans to offer Waste Destruction Services ("WDS") and Integrated Destruction Operations"
Waste destruction services are companies or operations that safely dispose of and render unusable unwanted materials—often regulated, hazardous, or sensitive—through methods such as incineration, chemical treatment, or secure shredding. For investors, these services matter because they reduce legal and environmental risk, create ongoing revenue or cost lines, and affect a firm’s liability and reputation much like a secure lockbox protects valuable documents from misuse.
integrated destruction operations technical
"offer Waste Destruction Services ("WDS") and Integrated Destruction Operations ("IDO")"
Integrated destruction operations are coordinated, end-to-end processes for permanently eliminating unwanted, hazardous, or obsolete materials, products, records, or assets using multiple disposal methods and logistics under regulatory oversight. For investors, these operations matter because they create predictable costs, regulatory compliance obligations, and potential liability or asset write-downs—similar to hiring a demolition crew that not only tears down a building but also hauls away debris and ensures the site meets safety rules.

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Significant Market Potential, Focused Execution, and Strategic Capital Management Anchor the Company's Outlook

MORRISVILLE, NC / ACCESS Newswire / April 16, 2026 / 374Water Inc. (NASDAQ:SCWO) ("374Water" or the "Company"), a leading cleantech and environmental services company developing supercritical water oxidation technology for the destruction of organic waste streams, today released its newest Investor Presentation as it continues to expand its Waste Destruction Services facility in Orlando, FL, scale operations, and construct additional AirSCWO Systems.

The updated presentation is available on the Company's Home page at 374Water.com, and on the Investor Relations page.

"This is a turning point for 374Water, and this updated presentation reflects the meaningful progress 374Water has made across our commercial, operational, strategic and organizational priorities," said Danny Bogar, Chief Executive Officer of 374Water.

"We are actively serving customers, scaling our Waste Destruction Services operations, and advancing deployments with forward-thinking municipal partners. We believe the AirSCWO platform addresses one of the most urgent environmental challenges of our time - the permanent destruction of PFAS and other hazardous organic waste - and believe we are well-positioned to capture the significant market opportunity ahead."

The presentation includes updates across several key areas:

AirSCWO Technology:

374Water's AirSCWO proprietary and defensible destruction platform offers what most technologies can't achieve. With destruction efficiencies often exceeding >99.99%, AirSCWO offers true destruction - not removal or concentration of PFAS and other harmful organic pollutants.

Markets:

The significant demand for organics destruction technology including AirSCWO is generated from three major sectors, municipal, federal, and industrial. 374Water has strong anchor partnerships within each sector as we respond to customer demand. The global addressable market exceeds $450B+ as liabilities related to PFAS mount, alternatives for handling biosolids are limited, regulation prioritizes human health, and existing technologies fall short of destruction.

Technology & Services:

374Water plans to offer Waste Destruction Services ("WDS") and Integrated Destruction Operations ("IDO") to customers across market verticals.

374Water partners with renowned waste management companies, municipalities and treatment, storage, and disposal facilities ("TSDFs") to offer turn-key collection and destruction services for various waste types. Spent granulated activated carbon ("GAC") and ion exchange resin ("IX"), foam fractionate, and aqueous film forming foam ("AFFF") can be received, stored, and destroyed at our WDS hubs. The Company accommodates customers' needs by offering processing of waste and certificates of destruction with full analysis services and results. The mobile AirSCWO system can be deployed on-site for wastes that are highly sensitive or cannot be transported, where volumes are limited, or where infrastructure does not support on-going operations.

Where waste streams are continuously generated, such as wastewater treatment plants or industrial facilities, 374Water will deploy and operate modular, scalable systems to meet the demand. 374Water has partnered with multiple facilities across the United States to refine and scale AirSCWO systems for specific applications, develop facilities integration and operations, and deliver the value and benefit of integrated AirSCWO technology.

Strategic Partnerships:

374Water leverages the abilities of AirSCWO through strategic partnerships to increase our market reach and offer markets complete solutions from collection through destruction. The Company has engaged with several prominent contractors with the U.S. Department of Defense, as well as others such as Crystal Clean and Clean Earth to accelerate the pace of exposure, adoption, and growth.

Global water and wastewater technology companies, infrastructure companies, as well as global design and engineering firms, are witnessing the same market demands and trends. As they pivot to stay atop the market, they are looking to advance technologies such as AirSCWO that provide a solution that destroys wastes and liabilities.

Leadership:

The Company appointed Daniel Bogar as President and Chief Executive Officer in February 2026, and added three experienced independent directors to its Board of Directors - Steve McKnight, Brad Freels, and Chuck Weiser who joined Jim Pawloski and Marc Deshusses - strengthening governance and strategic oversight. Rick Davis, a former Board of Director, also recently rejoined as a member of the Board of Directors and brings extensive capital markets knowledge.

The new leadership team prioritizes the efficient use of capital as it executes on its strategic objectives such as delivering revenue-generating contracts, scaling WDS operations in Orlando, and raising additional capital for scale the organization and build additional AirSCWO systems.

About 374Water

374Water Inc. (NASDAQ: SCWO) is a cleantech environmental services company providing innovative solutions addressing wastewater treatment and waste management issues within the industrial, municipal, and federal markets. 374Water's AirSCWO technology is designed to efficiently destroy and mineralize a broad spectrum of nonhazardous and hazardous organic wastes, producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. 374Water's AirSCWO technology has the potential to assist its customers to meet discharge requirements, reduce or eliminate disposal costs, remove bottlenecks, and reduce litigation and other risks. 374Water continues to be a leader in innovative waste treatment solutions, dedicated to creating a greener future and eradicating harmful pollutants. Learn more by visiting www.374water.com and follow us on LinkedIn.

Forward-Looking Statements

Certain statements in this communication are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words such as "anticipate," "believe," "confidence," "could," "design," "estimate," "expect," "intend," "may," "plan," "predict," "project," "potential," or other comparable terminology are intended to identify forward-looking statements. These statements include, without limitation, 374Water's belief the AirSCWO platform addresses one of the most urgent environmental challenges of our time, 374Water's belief we are well-positioned to capture the significant market opportunity ahead, 374Water's plan to offer Waste Destruction Services and Integrated Destruction Operations to customers across market verticals and 374Water will deploy and operate modular, scalable systems to meet the demand of wastewater treatment plants or industrial facilities. 374Water has based these forward-looking statements on its current expectations, assumptions, estimates, beliefs, and projections. While 374Water believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the 374Water's control. These forward-looking statements are subject to risks and uncertainties, including those discussed under "Risk Factors" in 374Water's Form 10-K for the year ended December 31, 2025, and in 374Water's subsequent filings and reports with the SEC. The forward-looking statements herein are made only as of the date they were first issued, and unless otherwise required by laws, 374Water disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Investor Relations Contact

Belton Copp
Vice President
Direct: 401-419-1545
Belton.Copp@374water.com
www.374Water.com

SOURCE: 374Water Inc.



View the original press release on ACCESS Newswire

FAQ

What did 374Water (SCWO) announce in its April 16, 2026 investor presentation?

The company updated investors on commercial progress, technology performance, and leadership changes. According to the company, the presentation details AirSCWO performance, scaling of Waste Destruction Services in Orlando, strategic partnerships, and plans to raise capital to fund growth.

How effective is 374Water's AirSCWO technology for PFAS destruction (SCWO)?

AirSCWO reports destruction efficiencies often exceeding 99.99% for targeted organics. According to the company, that reflects true destruction rather than removal, and is positioned as a key differentiator for PFAS and hazardous organic waste management.

What is 374Water's market opportunity cited in the April 16, 2026 presentation (SCWO)?

The presentation cites a global addressable market exceeding $450 billion for organics destruction and related services. According to the company, demand is driven by PFAS liabilities, biosolids handling needs, and regulatory pressure across municipal, federal, and industrial sectors.

What leadership changes did 374Water (SCWO) disclose in February and April 2026?

Daniel Bogar was appointed President and CEO in February 2026 and several independent directors were added. According to the company, these changes strengthen governance and prioritize capital efficiency while executing commercial and operational priorities.

How will 374Water scale operations and where is the first hub for Waste Destruction Services (SCWO)?

374Water is scaling Waste Destruction Services with a hub in Orlando, FL and plans modular deployments. According to the company, it will offer WDS, integrated operations, mobile on-site units, and partner with TSDFs and contractors to expand capacity.