AIRJ · AirJoule Technologies Corporation

AirJoule Technologies reported significant operational milestones in Q1 2026, with the completion of its first full-scale AirJoule Prime system at the Newark, Delaware facility marking a key step toward commercialization. This ~2,000 liters per day unit, engineered for scalability with 16 vacuum chambers and off-the-shelf components, is now operational and undergoing optimization before deployment in Europe via the Net Zero Innovation Hub for Data Centers. Simultaneously, the AirJoule Core platform advanced with a locked design, introducing a dual-variant roadmap: Core AWG for water generation targeting U.S. military and residential markets in Q4 2026, and Core DH for energy-efficient dehumidification in 2027, demonstrating up to 40% energy savings over desiccant-wheel tech due to lower regeneration temperatures. CEO Matt Jore emphasized disciplined progress laying groundwork for 2026 initial commercialization and 2027 scaling. Balance sheet remains robust post-January equity offering, with $31.1 million cash at company level and $3.9 million in the GE Vernova JV, totaling $35.0 million debt-free. $10 million capital contribution to the JV aligned with budget, reaffirming $25 million full-year spend guidance sufficient through 2027. Strategic engagements deepened across data centers, military (U.S. Army ERDC CRADA), residential Southwest U.S., Middle East (TenX agreement), and pilots like Red Dot Ranch, building a commercial pipeline for 2027 revenue. Certifications progress supports market entry, bolstered by independent CleanTech award validation.