Montana Technologies Announces Name Change to AirJoule Technologies
Montana Technologies (NASDAQ: AIRJ) has changed its corporate name to AirJoule Technologies , effective immediately. The company's stock and warrants will continue trading under symbols 'AIRJ' and 'AIRJW' on the Nasdaq Capital Market. This rebranding better reflects their position as developers of AirJoule®, their advanced dehumidification and water harvesting technology. The name change aligns with their 50/50 joint venture with GE Vernova, called AirJoule, , which focuses on commercializing atmospheric water harvesting products.
Montana Technologies (NASDAQ: AIRJ) ha cambiato il suo nome aziendale in AirJoule Technologies, con effetto immediato. Le azioni e i warrant dell'azienda continueranno a essere scambiati con i simboli 'AIRJ' e 'AIRJW' sul Nasdaq Capital Market. Questo rebranding riflette meglio la loro posizione come sviluppatori di AirJoule®, la loro tecnologia avanzata di deumidificazione e raccolta dell'acqua. Il cambio di nome è allineato con la loro joint venture al 50/50 con GE Vernova, chiamata AirJoule, che si concentra sulla commercializzazione di prodotti per la raccolta di acqua atmosferica.
Montana Technologies (NASDAQ: AIRJ) ha cambiado su nombre corporativo a AirJoule Technologies, con efecto inmediato. Las acciones y los warrants de la compañía seguirán cotizando bajo los símbolos 'AIRJ' y 'AIRJW' en el Nasdaq Capital Market. Este cambio de nombre refleja mejor su posición como desarrolladores de AirJoule®, su tecnología avanzada de deshumidificación y recolección de agua. El cambio de nombre está alineado con su empresa conjunta del 50/50 con GE Vernova, llamada AirJoule, que se centra en la comercialización de productos de recolección de agua atmosférica.
몬태나 테크놀로지스 (NASDAQ: AIRJ)는 즉시 효력을 발휘하는 에어줄 테크놀로지스로 회사명을 변경했습니다. 회사의 주식과 워런트는 나스닥 자본 시장에서 'AIRJ' 및 'AIRJW' 기호로 계속 거래될 것입니다. 이 리브랜딩은 AirJoule®, 그들의 고급 제습 및 물 수확 기술 개발자로서의 위치를 더 잘 반영합니다. 이름 변경은 GE 버노바와의 50/50 합작 회사인 에어줄과 일치하며, 대기 중 물 수확 제품의 상업화에 중점을 두고 있습니다.
Montana Technologies (NASDAQ: AIRJ) a immédiatement changé son nom commercial en AirJoule Technologies. Les actions et les bons de souscription de la société continueront à être échangés sous les symboles 'AIRJ' et 'AIRJW' sur le Nasdaq Capital Market. Ce changement de marque reflète mieux leur position en tant que développeurs de AirJoule®, leur technologie avancée de déshumidification et de collecte d'eau. Le changement de nom s'aligne avec leur coentreprise à 50/50 avec GE Vernova, appelée AirJoule, qui se concentre sur la commercialisation de produits de collecte d'eau atmosphérique.
Montana Technologies (NASDAQ: AIRJ) hat ihren Unternehmensnamen sofort in AirJoule Technologies geändert. Die Aktien und Warrants des Unternehmens werden weiterhin unter den Symbolen 'AIRJ' und 'AIRJW' an der Nasdaq Capital Market gehandelt. Diese Umbenennung spiegelt besser ihre Position als Entwickler von AirJoule®, ihrer fortschrittlichen Technologie zur Entfeuchtung und Wassergewinnung, wider. Die Namensänderung steht im Einklang mit ihrem 50/50-Joint-Venture mit GE Vernova, das AirJoule heißt und sich auf die Kommerzialisierung von Produkten zur Wassergewinnung aus der Atmosphäre konzentriert.
- Strategic 50/50 joint venture partnership with GE Vernova
- Maintains Nasdaq Capital Market listing
- None.
Insights
The name change from Montana Technologies to AirJoule Technologies represents a strategic rebranding that aligns with the company's core technology and market positioning. While name changes alone aren't typically market-moving events, this particular shift carries strategic significance due to the 50/50 joint venture with GE Vernova and the company's focus on commercializing atmospheric water harvesting technology.
The rebranding could enhance market visibility and investor recognition, particularly given the growing importance of water technology solutions. The retention of existing ticker symbols (AIRJ and AIRJW) maintains continuity for investors while the new identity better communicates the company's technological focus and market opportunity in the water technology sector.
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)
FAQ
Why did Montana Technologies (AIRJ) change its name to AirJoule Technologies?
Will Montana Technologies' stock symbol AIRJ change after the name change?
What is AirJoule Technologies' (AIRJ) joint venture with GE Vernova?
