AirJoule completes first full-scale AirJoule Prime build; Q1 cash $31.1M, no debt

AirJoule Technologies Corp.

First full-scale AirJoule Prime system (~2,000 L/day) built and operational in Newark, Delaware; second unit underway.
AirJoule Core design locked; Core AWG targeted for Q4 2026 launch, Core DH targeted for 2027 with up to 40% energy savings vs desiccant wheels.
Q1 2026 cash $31.1M; combined $35.0M with $3.9M at GE Vernova JV; no debt; $25M combined cash spend guidance reaffirmed for 2026.
Deepened customer engagements: residential Southwest, data centers via Net Zero Innovation Hub, U.S. Army ERDC, and TenX Gulf distribution.
Cash sufficient to fund operations and JV through 2027; product certification and water quality testing advanced.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AirJoule Technologies Corp. reported financial results for first quarter of 2026.

Period: first quarter of 2026
Result: reported results

Exact text from the filing

AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or “AIRJ”), a leading platform technology that unleashes the power of water from air, today announced its results for the first quarter of 2026 and provided a business update on its progress toward commercialization.

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Source: SEC EDGAR

accession 0001193125-26-223954

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