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City of Cedar Rapids, IA Selects 374Water to Perform Project for PFAS Destruction in Biosolids

374Water (NASDAQ: SCWO) will partner with the City of Cedar Rapids Water Pollution Control Facility and Brown and Caldwell to pilot its AirSCWO system for destruction of PFAS in biosolids.

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374Water (NASDAQ: SCWO) will partner with the City of Cedar Rapids Water Pollution Control Facility and Brown and Caldwell to pilot its AirSCWO system for destruction of PFAS in biosolids.

The project is expected to start early Q1 2026, with initial destruction followed by independent third‑party laboratory validation and results delivered by end of Q1 or early Q2 2026. The work is positioned as an evaluation to potentially replace multiple existing processes at the Cedar Rapids facility and to address regulatory and public‑health concerns about PFAS in municipal biosolids.

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Argus Dec 26 session
+2.56% close to close Open Argus
Details

News Market Reaction – SCWO

On Dec 26, the day this news came out, SCWO closed 2.56% above the previous close.

Data tracked by StockTitan Argus for the Dec 26 session.

Key Figures

Project start timeline: Early Q1 2026 Results expected: End Q1 to early Q2 2026
Project start timeline
Early Q1 2026
Expected commencement of Cedar Rapids PFAS biosolids destruction project
Results expected
End Q1 to early Q2 2026
Anticipated delivery of validated project results to partners

Historical Context

5 past events · Latest: Dec 18
5 events
  1. Dec 18

    Management & split

    24h Move
    -0.7%

    Chair appointment, insider buying, and confirmation of 1-for-10 reverse split.

  2. Nov 12

    Quarterly earnings

    24h Move
    -5.4%

    Q3 2025 loss, higher operating expenses, and modest full-year revenue outlook.

  3. Nov 04

    PFAS project launch

    24h Move
    -4.4%

    Start of AFFF destruction contract under North Carolina initiative using AirSCWO.

  4. Oct 28

    Municipal system order

    24h Move
    +10.0%

    City of Olathe order for AirSCWO 6 and 30 wet tons/day pre-treatment system.

  5. Oct 24

    Reverse split proposal

    24h Move
    -6.3%

    Preliminary proxy for discretionary reverse stock split and financing flexibility.

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

Key Terms

PFAS, per- and polyfluoroalkyl substances, biosolids
3 terms
PFAS medical
"biosolids containing per- and polyfluoroalkyl substances (“PFAS”). The project"
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.
per- and polyfluoroalkyl substances medical
"biosolids containing per- and polyfluoroalkyl substances (“PFAS”). The project"
Per- and polyfluoroalkyl substances (PFAS) are a large group of man-made chemicals known for resisting water, grease and heat, used historically in products like nonstick cookware, firefighting foams and stain-resistant fabrics. They matter to investors because PFAS can persist in the environment and people, prompting strict regulations, cleanup costs, product liability and shifting consumer demand — like a hidden leak that can suddenly require expensive repairs and change a company’s future cash flow and reputation.
biosolids technical
"for the destruction of biosolids containing per- and polyfluoroalkyl substances"
Biosolids are the nutrient‑rich organic solids left after sewage is treated to remove pathogens and pollutants; they are often processed and applied to soil as a fertilizer or soil conditioner. For investors, biosolids matter because they create markets and regulatory obligations for wastewater utilities, waste‑management companies and agricultural suppliers, and carry both revenue potential (recycling and energy recovery) and risks from environmental rules, contamination concerns and public opposition.

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

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AirSCWO System Being Evaluated to Replace Multiple Existing Processes at Cedar Rapids Facility

MORRISVILLE, N.C., Dec. 26, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) ("374Water" or the "Company"), a global leader in organic waste destruction technology and services for the industrial, municipal, and federal markets, today announced a partnership with The Cedar Rapids Water Control Pollution Facility (“CRWPCF”) and Brown and Caldwell, a leading water, wastewater, and environmental solutions consultancy, to execute a project for the destruction of biosolids containing per- and polyfluoroalkyl substances (“PFAS”).

The project is expected to commence early in the first quarter of 2026, and the initial phase will consist of destruction of waste material from the CRWPCF followed by validation of results by an independent third-party laboratory. Results of the project are anticipated to be provided to Brown and Caldwell and CRWPCF by the end of the first quarter or early second quarter.

PFAS, a class of persistent, man-made “forever chemicals” that accumulate in water, soil, and wastewater systems, are increasingly found in municipal biosolids. This has prompted the City of Cedar Rapids to proactively evaluate solutions capable of fulling destroying PFAS-contaminated waste streams, including biosolids, to support long‑term regulatory compliance and safeguard public health.

“374Water is an ideal partner to enable meaningful action against PFAS contamination at the City of Cedar Rapids’ advanced wastewater treatment facility,” said Stephen J. Jones, Chairman and Interim President and Chief Executive Officer of 374Water. "Our AirSCWO technology has demonstrated the effectiveness, scalability, and versatility of our solutions to destroy solid and liquid wastes. With our biosolid treatment capabilities, we offer a uniquely differentiated solution for a broad range of PFAS-impacted waste streams. Our goal is to help Cedar Rapids mitigate PFAS contamination and set a new standard for responsible waste management nationwide,” concluded Jones.

About 374Water

374Water Inc. (NASDAQ: SCWO) is a global industrial technology and 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 non-hazardous 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.

About the Cedar Rapids Water Pollution Control Facility

The CRWPCF is one of the largest advanced wastewater treatment facilities in the State of Iowa. Operated by the Cedar Rapids Water Pollution Control Division, the CRWPCF operates a 45 MGD facility with multi-technology wastewater treatment process that generates 120 tons/day of sludge, which is currently destroyed via a multiple hearth incineration system. Cedar Rapids has been working with the US Environmental Protection Agency to assess how PFAS in its waste streams may be reduced or destroyed during the treatment process, with the intent of mitigating PFAS contamination via wastewater in the future.

Cautionary Language on 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," “could," "estimate," "expect," "intend," "may," “plan," "predict," "project," "potential," or other comparable terminology are intended to identify forward-looking statements. These statements include those related to the timing and outcome of 374Water’s destruction project with the CRWPCF, and the adoption of 374Water’s technology by municipalities,, and 374Water’s future prospects and involve known and unknown risks, uncertainties, and other factors that may cause 374Water’s actual results, levels of activity, performance, or 374Water’s achievements or those of its industry to be materially different from those expressed or implied by any forward-looking statements. 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-Q for the quarter ended September 30, 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 and Media Contact
Jim Siccardi
Senior Vice President
Direct: 984-374-1222
Jim.Siccardi@374water.com
www.374Water.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What will 374Water (SCWO) do for the City of Cedar Rapids in Q1 2026?

374Water will deploy its AirSCWO system to destroy PFAS‑contaminated biosolids, starting early Q1 2026, followed by independent lab validation.

When will results from the Cedar Rapids PFAS destruction pilot be available for SCWO?

Results are expected to be provided to Brown and Caldwell and Cedar Rapids by end of Q1 2026 or early Q2 2026.

Does the Cedar Rapids project mean SCWO will replace existing treatment processes?

The project is an evaluation to potentially replace multiple existing processes at the facility; it is scoped as a pilot with validation steps.

What does the Cedar Rapids pilot mean for investors in 374Water (SCWO)?

The pilot demonstrates commercial testing of AirSCWO on municipal biosolids and could support future municipal deployments if validation is successful.

Who will validate the PFAS destruction results for SCWO's Cedar Rapids project?

An independent third‑party laboratory will validate the PFAS destruction results and deliver findings to Brown and Caldwell and Cedar Rapids.

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