AirJoule Technologies Corporation Class A (AIRJ)

Over the past six months, AirJoule Technologies' stock has experienced significant volatility and decline, reaching a 52-week low of $4.21 on May 21, 2025. Key events include Q1 2025 results with a net income of $14.9 million, a $15 million private placement financing led by GE Vernova, and a Memorandum of Understanding with a hyperscale data center developer. The company also reported Q2 and Q3 2025 results, commenced a field demonstration in Hubbard, TX, was selected as a technology competition winner, and delivered an AirJoule A250 system to Arizona State University. Insider selling has also occurred over the past six months.

AirJoule Technologies' products and services are valuable for industrial users, particularly those generating waste heat, such as data centers and advanced manufacturing facilities, and in HVAC systems. While the need for water, dehumidification, and cooling can fluctuate, the information does not detail specific seasonal demand patterns. Applications in cooling systems and dehumidification could imply higher demand during warmer and more humid periods, but the focus on waste heat suggests consistent demand driven by industrial operations.

AirJoule Technologies Corporation, founded in 2018 and headquartered in Ronan, Montana, operates in the Industrials sector, focusing on atmospheric renewable energy and water harvesting. The company develops the AirJoule® system, which provides energy, dehumidification, evaporative cooling, and atmospheric water generation. Its products include water from air, water recovery, cooling systems, and moisture control. AirJoule's technology produces pure distilled water from air, reduces energy consumption, and minimizes the use of harmful refrigerants. The company is commercializing its technology through a joint venture with GE Vernova and in partnership with Carrier Global Corporation.

AirJoule Technologies Corp. is headquartered in Ronan, Montana, and operates a 42,000 square-foot manufacturing facility in Newark, Delaware, through a joint venture with GE Vernova. The company aims to mitigate water scarcity globally through its AirJoule® platform. It has demonstrated its technology in Dubai and has secured field deployment opportunities in Texas and Arizona, with initial systems expected in Q4 2025.

AirJoule Technologies has cultivated a positive brand reputation through strategic partnerships and recognition of its innovative technology. Collaborations with GE Vernova and Carrier Global Corporation enhance its credibility. The company was selected as a winner in a technology competition for data center sustainability, leading to a collaboration with the Net Zero Innovation Hub. The deployment of an AirJoule A250 system to Arizona State University also enhances its reputation.

AirJoule Technologies Corporation has 125 institutional owners and shareholders holding a total of 7,565,607 shares. Major institutional shareholders include CI Private Wealth, LLC, BlackRock, Inc., Vanguard Group Inc, Geode Capital Management, Llc, and State Street Corp. Individual insiders hold 29.5% of the shares, while VC/PE Firms hold 30.9%. Stuart D. Porter is the largest individual shareholder, owning 19.04 million shares, representing 31.37% of the company.