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Airjoule Technologies AIRJ · USD

N/A · US listing · 🇺🇸 United States

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2.58

+8.40%

Close of 9 Nov 2026, in USD

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About Airjoule Technologies

From its filings with the US Securities and Exchange Commission

SEC filings

Airjoule Technologies is based in Ronan, Montana and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker AIRJ. The SEC classifies its business as air-cond & warm air heatg equip & comm & indl refrig equip. In the fiscal year to 31 December 2025, it reported a net loss of $9.0m. At that date it held total assets of $340.6m and shareholders' equity of $267.9m.

In its own words

We are an advanced technology company whose purpose is to free the world from its water and energy constraints by delivering groundbreaking sorption technologies. Our platform technology, AirJoule, produces pure distilled water from air and, at commercial scale, will mitigate water scarcity through distributed water generation for businesses and consumers around the world. Our products are especially valuable for industrial users, which generate significant amounts of waste heat that can be used to power our 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 HVAC applications, our technology is designed to reduce energy consumption, minimize or even eliminate the use of environmentally-harmful refrigerants and generate material cost efficiencies for air conditioning systems. We are commercializing and scaling manufacturing of our AirJoule systems through our global collaborations, including our 50/50 joint venture with GE Vernova Inc. (NYSE: GEV) and our commercial partnerships with Carrier Global Corporation (NYSE: CARR) and TenX Investment in Energy Enterprises & Management Co. We believe that deploying AirJoule systems worldwide will unleash the power of water from air and help to improve global water security.

Quoted from its 10-K, filed 31 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
N/A
Industry
N/A
Listed since
10 Dec 2021
Employees
16
Head office
34361 INNOVATION DRIVE, RONAN, MT, 59864
Incorporated in
DE
Classification
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Filer status
<br>Emerging growth company

Leadership

Pay as last reported

  • Mr. Patrick EilersExecutive Chairman of the Board, since 2024$825,345
  • Mr. Matthew JoreChief Executive Officer, Director, since 2024$1.5m
  • Mr. Stephen PangChief Financial Officer$1.4m
  • Mr. Jeffrey GutkeChief Administrative Officer
  • Mr. Stuart PorterDirector$147,985
  • Mr. Ajay AgrawalIndependent Director$147,985
  • Amb. Max BaucusIndependent Director$155,485
  • Mr. Thomas MurphyIndependent Director
  • Ms. Denise SterlingIndependent Director
  • Dr. Marwa ZaatariIndependent Director$155,485

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • The firm targets the health care sector for potential business combinations.
  • Power & Digital Infrastructure Acquisition II Corp. is a blank check company.
  • The company is headquartered in Chicago, Illinois, United States.

Weaknesses

  • The firm has not commenced any operations to date.
  • The company has not generated any revenue since its inception.
  • Airjoule Technologies Corp has not selected any specific business combination target.

Opportunities

  • The company aims to acquire one or more operating businesses.
  • Power & Digital Infrastructure Acquisition II Corp. seeks capital stock exchanges.
  • The firm intends to effect a merger with a target entity.

Threats

  • Airjoule Technologies Corp has not initiated any substantive discussions with targets.
  • The company went IPO on 10 December 2021 without operations.
  • The firm has not selected any specific business combination target yet.

Sources and methodology

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