Skip to main content

Montana Technologies Announces Name Change to AirJoule Technologies

Written by Customer Service on . Posted in Public Companies.

RONAN, Mont., Nov. 13, 2024 (GLOBE NEWSWIRE) — 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)

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.