Welcome to our dedicated page for 374Water news (Ticker: SCWO), a resource for investors and traders seeking the latest updates and insights on 374Water stock.
374Water Inc. (SCWO) pioneers sustainable waste transformation through its proprietary AirSCWO® technology, converting organic and hazardous materials into clean water and recoverable resources. This news hub provides investors and industry stakeholders with essential updates on the company's cleantech advancements.
Access real-time press releases covering technology deployments, regulatory milestones, and strategic partnerships. Our curated collection includes financial disclosures, environmental impact reports, and innovation announcements – all critical for evaluating 374Water's position in the waste management sector.
Discover updates on AirSCWO system implementations across municipal, federal, and industrial markets. Track progress in PFAS destruction capabilities and energy recovery initiatives. The archive serves as a comprehensive resource for understanding 374Water's role in advancing circular economy solutions.
Bookmark this page for streamlined access to operational updates and market expansion news. Verify all information through original source links while maintaining current awareness of 374Water's environmental technology leadership.
374Water Inc. (NASDAQ: SCWO) showcased its innovative AirSCWO™ supercritical water oxidation technology during a three-day event in Indiana, attended by over 400 guests, including prospective customers from more than 10 countries. The demonstration highlighted the company’s first commercial unit, which is set to be deployed in Orange County, CA, later this year. This technology transforms organic waste into water, energy, and minerals, promoting sustainability while minimizing greenhouse gas emissions. The Orange County Sanitation District became the first customer for this solution in 2022, emphasizing its significance for future waste management regulations. CEO Kobe Nagar reiterated the commitment to sustainable waste solutions and the importance of protecting vital resources for future generations.
374Water Inc. (NASDAQ:SCWO) reported significant growth in its financial results for 2022, with revenue soaring to $3.02 million, a 6,169% increase from $48,100 in 2021. The company has nearly completed its first municipal-scale AirSCWO™ system, set for installation in summer 2023, and has been selected for projects with the US Navy and Air Force related to PFAS destruction. However, net loss widened to $4.7 million, with administrative and R&D expenses rising. Total cash decreased to $6 million from $11.1 million, indicating cash flow concerns. The leadership expansion and strategic partnerships signal potential for future growth.
374Water, a cleantech company, will co-host an event titled "Water Innovations for Sustainable Development" at the U.N. 2023 Water Conference in New York on March 23. The event will focus on research and innovation to advance the Water Action Agenda. 374Water will showcase its revolutionary technology using supercritical water oxidation (SCWO) to convert harmful PFAS into clean water, energy, and minerals. This aligns with U.S. public health initiatives as PFAS are labeled a concern by the CDC. Additionally, a panel discussion on March 22 at the Nasdaq Boardroom will address the future of PFAS management and innovation.
FAQ
What is the current stock price of 374Water (SCWO)?
What is the market cap of 374Water (SCWO)?
