Airjoule Technologies Corp (AIRJ) Price

AirJoule Technologies Corp. operates as a thermal energy and water harvesting technology company. The company is headquartered in Ronan, Montana and currently employs 16 full-time employees. The company went IPO on 2021-12-10. Its platform technology, AirJoule, produces pure distilled water from air and, at a commercial scale. Its products are for industrial users, which generate significant amounts of waste heat that can be used to power its sorption technologies to produce low-cost pure distilled water and dehumidified air, two key inputs for a variety of industrial activities, including data centers and advanced manufacturing. In heating, ventilation, and air conditioning (HVAC) applications, its technology is designed to reduce energy consumption, minimize or eliminate the use of environmentally-harmful refrigerants and generate material cost efficiencies for air conditioning systems. Its technology uses an advanced sorbent, in conjunction with a proprietary pressure swing system, to harvest pure distilled water from air.