{"id":829740,"date":"2025-03-25T17:15:57","date_gmt":"2025-03-25T21:15:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/airjoule-technologies-announces-fourth-quarter-and-full-year-2024-results-and-groundbreaking-performance-of-airjoule-system\/"},"modified":"2025-03-25T17:15:57","modified_gmt":"2025-03-25T21:15:57","slug":"airjoule-technologies-announces-fourth-quarter-and-full-year-2024-results-and-groundbreaking-performance-of-airjoule-system","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/airjoule-technologies-announces-fourth-quarter-and-full-year-2024-results-and-groundbreaking-performance-of-airjoule-system\/","title":{"rendered":"AirJoule Technologies Announces Fourth Quarter and Full Year 2024 Results and Groundbreaking Performance of AirJoule\u00ae System"},"content":{"rendered":"
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RONAN, Mont., March 25, 2025 (GLOBE NEWSWIRE) — AirJoule Technologies Corporation (NASDAQ: AIRJ) (\u201cAirJoule Technologies\u201d or the \u201cCompany\u201d), the developer of the transformational AirJoule\u00ae<\/sup> system for separating pure water from air, today announced its fourth quarter and full year results. The Company also announced that the AirJoule\u00ae<\/sup> system can use low-grade waste heat from industrial processes to improve energy efficiency and produce pure distilled water for less than 160 watt-hours of energy consumption per liter (\u201cWh\/L\u201d). This marks a step change in water harvesting efficiency, allowing humanity to cost-effectively access water stored in the most reliable freshwater aquifer \u2013 the Earth\u2019s atmosphere.<\/p>\n

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\n Fourth Quarter 2024<\/u>
\n <\/strong>\n <\/p>\n

\n AirJoule<\/em>
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\n \u00ae <\/em>
\n <\/sup>
\n Utilizes Low-Grade Waste Heat to Produce Pure Distilled Water <\/em>\n <\/p>\n

After extensive testing at the Company\u2019s facility in Newark, DE, AirJoule\u00ae<\/sup> demonstrated the ability to produce pure distilled water from air with an energy requirement of less than 160 Wh\/L of water by utilizing low-grade waste heat (with test conditions of 80\u00b0F and 60% relative humidity). Compared to existing technologies, AirJoule\u00ae<\/sup> is up to 4x more efficient at separating water from air than refrigerant-based systems (400-700 Wh\/L) and up to 8x more efficient than desiccant-based systems (more than 1,300 Wh\/L).<\/p>\n

Waste heat is the world\u2019s largest untapped energy source. Approximately 70% of the energy produced on the planet is lost as waste heat at power plants, and up to 50% of energy inputs to industrial operations are lost as waste heat. Most of this waste heat is low-grade (under 100\u00b0C) and previously has not been economical to recapture for reuse or electricity generation. By tapping into the significant low-grade waste heat available at nearly all industrial operations globally, including data centers, AirJoule\u00ae<\/sup> can generate pure distilled water at attractive costs. AirJoule\u00ae<\/sup> is unlocking two vast resources to improve energy efficiency and water sustainability \u2013 low-grade waste heat and water in the atmosphere.<\/p>\n

The Company and the AirJoule JV (defined below) are in advanced discussions with multiple data center operators, project developers, and industrial facilities about potential proof of concept deployments where AirJoule\u00ae<\/sup> demonstration units would be installed and field tested to validate their operational capabilities. If successful, these initiatives will lay the foundation for large-scale water generation projects that harness waste heat to produce pure distilled water on-site at competitive costs while also driving greater energy efficiency.<\/p>\n

Data centers, which are vital to our increasingly digital world, require substantial amounts of power and water. When deployed to data centers, AirJoule\u00ae<\/sup> can transform the vast low-grade waste heat from these facilities, which would otherwise be released into the atmosphere, into a valuable asset through the production of distilled water for evaporative cooling and for other beneficial purposes.<\/p>\n

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\n Full Year 2024<\/u>
\n <\/strong>\n <\/p>\n

\n Key Milestones<\/em>\n <\/p>\n