AirJoule Technologies (AIRJ) announced that it has entered into subscription agreements to issue approximately $15 million in common stock in a private placement to GE Vernova (GEV) and other investors 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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