Montana Technologies Rebrands as AirJoule Technologies
Technology

Montana Technologies Announces Name Change to AirJoule Technologies

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 (โ€œAirJoule Technologiesโ€ or the โ€œCompanyโ€), effective immediately. The Companyโ€™s common stock and warrants will continue to trade on the Nasdaq Capital Market under the ticker symbols โ€œAIRJโ€ and โ€œAIRJWโ€, respectively; no action is required by existing stockholders.

The AirJoule Technologies name better reflects the Companyโ€™s 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 Companyโ€™s 50/50 joint venture with GE Vernova to advance and commercialize atmospheric water harvesting products featuring AirJouleยฎ technology.

โ€œWhile weโ€™ll always have roots in Montana, our new name provides greater alignment between our brand and the AirJouleยฎ technology driving our vision of addressing the worldโ€™s most urgent water needs,โ€ said Matt Jore, CEO of AirJoule Technologies. โ€œThe 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 Companyโ€™s 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 Companyโ€™s 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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