AirJoule Technologies Corp.

AirJoule Technologies Corporation (Nasdaq: XPDB) is an advanced technology company focused on developing and commercializing sorption-based systems for water harvesting and dehumidification. The company's proprietary AirJoule platform uses metal-organic frameworks and a pressure swing system to extract pure distilled water from air while simultaneously producing dehumidified air. The technology operates at significantly higher energy efficiency levels compared to conventional refrigerant-based and desiccant-based systems, achieving water production at less than 160 watt-hours per liter under standard test conditions.

The company offers two primary product lines built on the AirJoule platform. The AirJoule Core system produces up to 250 liters of pure distilled water daily and is designed for industrial dehumidification and distributed water generation applications. The AirJoule Prime system is engineered for large-scale industrial water production, delivering approximately 2,000 liters of pure water per day when utilizing low-grade waste heat. Both systems can be deployed on mobile trailers and configured modularly to increase production capacity.

AirJoule pursues a capital-efficient business model combining direct system sales, maintenance and service agreements, and Water Purchase Agreements where customers pay on a volumetric basis. The company also supplies sorbent-coated contactors for integration into HVAC systems through commercial partnerships.

The company operates through strategic partnerships with industry leaders including GE Vernova, with which it maintains a 50/50 joint venture for manufacturing and commercialization in the Americas, Africa and Australia; Carrier for HVAC system integration; CATL for Asian and European markets; and BASF for proprietary metal-organic framework materials. The company holds an exclusive worldwide license from the Pacific Northwest National Laboratory for self-regenerating dehumidifier technology and maintains a portfolio of patent applications covering various water harvesting and dehumidification technologies.

AirJoule targets multiple high-growth markets including data centers, advanced manufacturing, military applications and HVAC systems, with an estimated combined total addressable market of approximately $450 billion. The company estimates the global atmospheric water harvesting market represents a significant opportunity as water scarcity affects nearly three-quarters of the world's population.