AirJoule Technologies Corporation recently published the transcript of their Q1 2025 Earnings Call held on May 13, 2025. Key participants included Matt Jore, Chief Executive Officer; Pat Eilers, Executive Chairman; Bryan Barton, Chief Commercialization Officer; Stephen Pang, Chief Financial Officer; and Tom Divine, Vice President of Investor Relations and Finance. During the call, management discussed several important updates, including a new collaboration with Arizona State University. Bryan Barton highlighted the partnership, stating, "Arizona State University is home to the Global Center for Water Technology, and they will be purchasing one of our AirJoule® A250TM systems for research and evaluation purposes." This collaboration aims to address water concerns in Arizona through cutting-edge solutions. Additionally, the company announced that GE Vernova has increased its investment in the AirJoule joint venture. Barton remarked, "It's a great vote of confidence that GE Vernova has chosen to increase their investment in the AirJoule joint venture." This move is part of AirJoule's ongoing efforts to optimize energy use and advance sustainability in industrial operations. The transcript also noted successful capital raising efforts, with new institutional investors joining the shareholder base, which, according to Stephen Pang, "strengthens our balance sheet and fully funds our operations." The full transcript can be accessed through the link below.
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