Provided By GlobeNewswire
Last update: Apr 24, 2025
RONAN, Mont., April 24, 2025 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or the “Company”), today announced that it has entered into subscription agreements to issue approximately $15 million in common stock in a private placement to GE Vernova and other investors (the "PIPE") to accelerate commercialization of the transformational AirJoule® system for separating pure water from air. This announcement follows the Company’s breakthrough performance of AirJoule®, which can separate water from air at less than 160 watt-hours per liter when utilizing low-grade waste heat available from most industrial operations.
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