other material
confidence medium
sentiment positive
materiality 0.50
ClearSign provides Q1 update: cash $12.8M, co-branded burners with Zeeco, M Series sales
ClearSign Technologies Corp
- Cash and equivalents $12.8M at March 31, 2025; 52.4M shares outstanding.
- Launched co-branded Zeeco CS5 and Hydrogen CS5 burner lines (100% H2-capable, sub-5 ppm NOx).
- Sold first M Series burners via channel partner and directly to heater manufacturer Devco.
- Received commitments for first commercial ClearSign Eye sensor installation at a supermajor Gulf Coast refinery.
- Received third low-emissions flare burner engineering order from a California energy company.