other material
confidence high
sentiment positive
materiality 0.60
ClearSign reports $9.9M cash, six M1 burner orders, and adds ExxonMobil veteran to board
ClearSign Technologies Corp
- Cash and equivalents ~$9.9M at June 30, 2026; 5,328,730 shares outstanding.
- Six M1 burners sold to two West Texas operators: three to Fortune 500 midstream firm, three via Tulsa Heaters Midstream.
- Received purchase order for phase two testing of 32-burner retrofit for California refinery.
- Board appoints Larry Saddler, retired ExxonMobil global tech sponsor for heat transfer, to board.
- Press release provides no revenue or EPS figures for Q2 2026.