AirJoule posts transcript of Q1 2026 earnings call and Q&A

• AirJoule Technologies’ Q1 2026 earnings call drew Chief Executive Officer Matt Jore, Executive Chairman Pat Eilers, Chief Commercialization Officer Bryan Barton, Chief Financial Officer Stephen Pang, Vice President of Investor Relations and Finance Tom Divine, with analysts from H.C. Wainwright, Seaport Research Partners, Lucid Capital Markets, B. Riley Securities, Needham and Company.
• Management positioned 2026 as the shift from one-off deployments to productized sales, citing a “locked” first-generation AirJoule Core design, completion of the first full-scale AirJoule Prime system at its Newark, Delaware facility, continued UL work, with water-quality certification handled case by case.
• The Prime system was described as designed for scaled manufacturing, with 16 vacuum chambers and mostly off-the-shelf components; targeted output of up to 2,000 liters per day at under 200 watt-hours per liter when paired with low-grade waste heat, with maximum power draw of 12.5 kilowatts.
• Commercial focus centered on hyperscale data centers facing water-permit constraints, with ongoing evaluation work at discrete sites; management argued AirJoule capex could be recouped in days if it avoids permit delays, though it does not expect initial projects to replace 100% of a data center’s water demand.
• Stephen Pang reported Q1 net operating expenses of $3.6 million, a net loss of $49.8 million, a non-cash impairment charge of about $55 million tied to the AirJoule JV investment, quarter-end cash of $31.1 million, combined cash with the JV of $35 million, no debt, with liquidity projected to fund operations through 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Airjoule Technologies Corporation published the original content used to generate this news brief on May 19, 2026, and is solely responsible for the information contained therein.