AirJoule acquires BitSink for $18M cash + $9M stock + $40M earnout; expands into AI data center cooling

AirJoule Technologies Corp.

Acquired 100% of BitSink, a U.S. designer/manufacturer of cooling and power infra for AI/HPC data centers, for $18M cash + $9M stock (1,859,504 shares).
Earnout up to $40M in stock tied to BitSink revenue milestones over 2027-2029; no debt assumed.
BitSink has 220+ MW deployed, cumulative revenue ~$11M (2024-25), $15M in near-term purchase orders; 65,000 sq ft SC facility.
Expands AirJoule's addressable market from $20B to $70B for data center cooling and power distribution.
Transaction complements AirJoule's AWG tech; aligns with GE Vernova JV and AirJoule Prime water generation system.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.