Montana Technologies Announces Name Change to AirJoule Technologies
November 13 2024 - 7:50AM
Montana Technologies Corporation (NASDAQ: AIRJ), the developer of
the transformational AirJoule® technology for atmospheric water
harvesting, today announced that it has changed its corporate name
to AirJoule Technologies Corporation (“AirJoule Technologies” or
the “Company”), effective immediately. The Company’s common stock
and warrants will continue to trade on the Nasdaq Capital Market
under the ticker symbols “AIRJ” and “AIRJW”, respectively; no
action is required by existing stockholders.
The AirJoule Technologies name better reflects
the Company’s position as the developer of AirJoule®
– the most advanced dehumidification and water
harvesting technology in the market. The change also aligns the
corporate name with AirJoule, LLC, the Company’s 50/50 joint
venture with GE Vernova to advance and commercialize atmospheric
water harvesting products featuring AirJoule® technology.
“While we’ll always have roots in Montana, our
new name provides greater alignment between our brand and the
AirJoule® technology driving our vision of addressing the world’s
most urgent water needs,” said Matt Jore, CEO of AirJoule
Technologies. “The development and deployment of AirJoule®, and the
immense value of our strategic partnerships, is core to our company
identity. We believe this change will enhance the Company’s
visibility and create a stronger connection with customers,
partners, and investors who share our vision for a water-resilient
future.”
The new corporate name will begin appearing
immediately in communications and on the Company’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
AirJoule®, 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, AirJoule® is being commercialized through a
joint venture with GE Vernova and through partnerships with Carrier
Global Corporation and BASF. For more information,
visit https://airjouletech.com.
Contacts
AirJoule Technologies
Tom Divine – Vice President, Investor Relations
and Finance
investors@airjouletech.com (note new
email address)
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