AirJoule raises $15M via PIPE anchored by GE Vernova; launches waste heat-to-water project

AirJoule Technologies Corp.

Issued ~3.75M new shares at ~$4.00/sh for $15M gross proceeds; expected close April 25, 2025.
GE Vernova anchors PIPE; follows its $5M initial JV investment in March 2024.
Net proceeds to accelerate commercialization of AirJoule A1000 units (1,000-3,000 L/day each); pilot deployments in 2025.
Company and GE Vernova to explore AirJoule integration to convert low-grade waste heat to pure water for data centers and industry.
AirJoule system achieves <160 Wh/L water production using waste heat from industrial operations.

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