RONAN, Mont.,ย (GLOBE NEWSWIRE) — Montana Technologies Corporation (NASDAQ: AIRJ), the developer of the transformational AirJouleยฎ technology for atmospheric water harvesting, today announced that it has changed its corporate name to AirJoule Technologies Corporation (โAirJoule Technologiesโ or the โCompanyโ), effective immediately. The Companyโs common stock and warrants will continue to trade on the Nasdaq Capital Market under the ticker symbols โAIRJโ and โAIRJWโ, respectively; no action is required by existing stockholders.
The AirJoule Technologies name better reflects the Companyโs position as the developer of AirJouleยฎ โ the most advanced dehumidification and water harvesting technology in the market. The change also aligns the corporate name with AirJoule, LLC, the Companyโs 50/50 joint venture with GE Vernova to advance and commercialize atmospheric water harvesting products featuring AirJouleยฎ technology.
โWhile weโll always have roots in Montana, our new name provides greater alignment between our brand and the AirJouleยฎ technology driving our vision of addressing the worldโs most urgent water needs,โ said Matt Jore, CEO of AirJoule Technologies. โThe development and deployment of AirJouleยฎ, and the immense value of our strategic partnerships, is core to our company identity. We believe this change will enhance the Companyโs visibility and create a stronger connection with customers, partners, and investors who share our vision for a water-resilient future.โ
The new corporate name will begin appearing immediately in communications and on the Companyโs new corporate website at https://airjouletech.com.
About AirJoule Technologies Corporation
AirJoule Technologies Corporation (NASDAQ: AIRJ) (formerly Montana Technologies Corporation) is the developer of AirJouleยฎ, an atmospheric water harvesting technology that provides efficient and sustainable air dehumidification and pure water from air. Designed to reduce energy consumption and generate material cost efficiencies, AirJouleยฎ is being commercialized through a joint venture with GE Vernova and through partnerships with Carrier Global Corporation and BASF. For more information, visitย https://airjouletech.com.
Contacts
AirJoule Technologies
Tom Divine โ Vice President, Investor Relations and Finance
[email protected] (note new email address)
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