Welcome to our dedicated page for Clearsign Technologies news (Ticker: CLIR), a resource for investors and traders seeking the latest updates and insights on Clearsign Technologies stock.
About ClearSign Technologies Corp
ClearSign Technologies Corporation (Nasdaq: CLIR) is a pioneering company specializing in industrial combustion and sensing technologies that address critical challenges in emissions reduction, energy efficiency, and operational safety. With its patented solutions, ClearSign enables industries to meet stringent environmental regulations while optimizing performance and cost-effectiveness. The company's innovative technologies are embedded into established Original Equipment Manufacturer (OEM) products, providing seamless integration and scalability for diverse applications.
Core Offerings
ClearSign's product portfolio includes:
- Process Burners: Designed for ultra-low NOx emissions, these burners are used in applications such as chemical processing, refining, and power generation. They can operate on a range of fuels, including natural gas and hydrogen.
- Boiler Burners: These burners improve energy efficiency and reduce emissions in commercial and industrial boiler systems, making them ideal for institutional and manufacturing facilities.
- Flares: ClearSign's flaring solutions provide clean and efficient methods to dispose of hydrocarbons, supporting upstream oil production and biofuel applications.
- ClearSign Eye Sensors: Advanced sensing technologies that enhance safety and reliability by detecting flame presence without direct flame contact.
Market Applications
ClearSign's technologies serve a broad range of industries, including:
- Energy: From upstream oil production to downstream refining, ClearSign's solutions optimize combustion systems for energy efficiency and emissions compliance.
- Chemical and Petrochemical: The company's burners and flares are integral to maintaining operational efficiency in chemical processing plants.
- Power Generation: ClearSign's entry into the power generation sector highlights its versatility and commitment to decarbonization.
- Industrial Boilers: Its boiler burners are used in commercial and institutional settings, delivering cost-effective and eco-friendly solutions.
Innovative Technologies
At the heart of ClearSign's offerings are its patented technologies, including:
- ClearSign Core™: A combustion technology that achieves ultra-low NOx emissions while improving energy efficiency. It is compatible with both natural gas and hydrogen fuels, aligning with global decarbonization efforts.
- ClearSign Eye™: A sensing technology that enhances safety by detecting burner flame presence without direct contact, offering greater durability and reliability.
Strategic Partnerships
ClearSign collaborates with industry leaders like Zeeco and Birwelco USA to expand its market reach and manufacturing capabilities. These partnerships enable the company to scale its operations and validate its technologies under real-world conditions, further solidifying its market position.
Industry Context and Competitive Edge
Operating in a highly regulated and competitive environment, ClearSign differentiates itself through its ability to deliver cost-effective, ultra-low NOx solutions. Its focus on retrofitting existing systems makes its technologies accessible and scalable, offering significant value to industries facing increasing pressure to decarbonize. Additionally, the company's emphasis on hydrogen-capable technologies positions it as a forward-looking player in the transition to clean energy.
Commitment to Decarbonization
ClearSign's mission aligns with global sustainability goals, as evidenced by its involvement in projects like the development of hydrogen burners and its participation in the California Gas Emerging Technologies Program. These initiatives underscore the company's commitment to reducing greenhouse gas emissions and advancing industrial decarbonization.
Conclusion
ClearSign Technologies Corporation stands at the forefront of industrial innovation, offering advanced combustion and sensing solutions that address the dual challenges of emissions reduction and operational efficiency. With its robust product portfolio, strategic partnerships, and commitment to sustainability, ClearSign is well-positioned to drive meaningful change across multiple industries.
ClearSign Technologies (Nasdaq: CLIR), a leader in industrial combustion and sensing technologies, announces its participation in the 15th Annual LD Micro Invitational. CEO Jim Deller, Ph.D., will present on Thursday, April 10, 2025, at 2:00 PM ET at The Westin Grand Central in New York.
The company, which focuses on decarbonization, operational efficiency, and hydrogen fuel technologies, will be among 50 presenting companies at the event. Dr. Deller will also conduct one-on-one meetings with investors during the conference on April 10th.
ClearSign Technologies (NASDAQ: CLIR) reported record annual revenue of $3.6 million for the full year 2024, up from $2.4 million in 2023. The revenue growth was primarily driven by a 20-process burner shipment to a California refinery.
Key developments include launching a co-branded process burner line with Zeeco, securing a 26-burner retrofit project for a Gulf Coast petrochemical facility, and installing ClearSign Eye sensors at a supermajor Gulf Coast refinery. The company also received flare orders in California and burner orders for power generation customers in Oklahoma and Missouri.
As of December 31, 2024, ClearSign maintained a strong financial position with $14 million in cash and cash equivalents, and 50,285,509 outstanding common shares.
ClearSign Technologies (Nasdaq: CLIR), a company focused on industrial combustion and sensing technologies for decarbonization, has announced its upcoming Fourth Quarter and Full Year 2024 conference call scheduled for Wednesday, April 2, 2025, at 5:00 PM ET.
The company will release its annual financial and operating results for the year ending December 31, 2024, along with filing its 10-K report with the SEC. Investors can participate through multiple channels:
- U.S. participants can dial: 1-800-836-8184
- International callers: 1-646-357-8785
- Listen-only webcast available through the company's investor relations website
A Q&A session will be included, with investors able to submit questions in advance via email. The webcast will be archived for 90 days, and a playback will be available for 7 days using conference ID 35253.
ClearSign Technologies (Nasdaq: CLIR) has secured a purchase order for their new ClearSign Core™ M1 process burner through heater manufacturer Devco Process Heaters. The burner will be installed in a new hot oil heater at a gas processing facility in Colorado, with delivery expected in Q2 2025.
This marks the second installation of the 'M' series technology in the midstream market, for which it was initially designed. The company reports receiving multiple quotation requests following the successful demonstration of their first installation, which showed superior NOx reduction and improved efficiency. ClearSign indicates potential expansion of the burner series' applications to include boilers and other process heaters.
ClearSign Technologies (Nasdaq: CLIR) has successfully installed and demonstrated its new ClearSign Core™ M1 burner technology at a global chemical company's Texas Gulf coast facility. The innovative technology has achieved remarkable performance metrics:
The burner demonstrated sub 2ppm NOx emissions with under 15% excess air, resulting in approximately 3% efficiency improvement compared to other sub 10ppm NOx burners in the market. This breakthrough originated from reimagining fuel, air, and flue gases flow paths within the burner through computational fluid dynamics modeling.
The technology was installed in a horizontally fired process heater built by Tulsa Heaters Midstream and will remain in commercial operation. While initially designed for the horizontal fired market, the company believes this advanced technology is suitable for other applications, including boilers.
ClearSign Technologies (Nasdaq: CLIR) has secured a purchase order for a flare retrofit from a returning energy company customer in California, following the completion of an engineering order. The flare will be installed at a production facility in the San Joaquin Valley. The equipment is scheduled for fabrication and shipment in Q2 2025.
The company's CEO, Jim Deller, highlighted this order as an indicator of growing opportunities for ClearSign's emissions reduction technologies. Their flaring products and enclosed combustors provide solutions for clean disposal of unusable hydrocarbons, with increasing interest observed in upstream production applications and biofuel sectors.
ClearSign Technologies (Nasdaq: CLIR) has announced the upcoming installation of four ClearSign Eye sensors at a supermajor refinery on the U.S. Gulf Coast. This marks the first commercial trial installation of these sensors in an operating facility.
The ClearSign Eye sensors are designed to detect functioning burner pilots without being inserted directly into the flame, unlike conventional equipment. According to CEO Jim Deller, this provides a more durable and reliable flame detecting solution that can deliver significant value to customers.
Following an extensive technical review by the refinery operator, the sensors are scheduled to be installed on each burner of a multi-burner process heater during the second quarter of 2025. ClearSign Technologies positions itself as an emerging leader in industrial combustion and sensing technologies supporting decarbonization, operational efficiency, and emissions reduction.
ClearSign Technologies (Nasdaq: CLIR) has been awarded a $400,000 grant from the U.S. Department of Energy's EERE Industrial Efficiency and Decarbonization Office. The grant, in collaboration with a major national laboratory, will support the development of ClearSign's ultra-low NOx industrial hydrogen burner technology.
The project, led by Senior Research Scientist Dr. Robert Geiger, focuses on developing innovative computer modeling techniques to optimize industrial furnaces and combustion equipment for 100% hydrogen fuel usage. The initiative will utilize high-performance computing (HPC) to simulate and optimize hydrogen burner designs, aiming to accelerate development timelines while minimizing costs.
The technology is expected to support industrial decarbonization efforts with potential greenhouse gas emissions reduction of up to 276 million metric tons annually. The project will address key challenges including flame positioning, fuel-air mixing, and heat flux optimization to facilitate large-scale hydrogen adoption in industrial furnaces.
ClearSign Technologies (Nasdaq: CLIR) and Zeeco announce the launch of a co-branded process burner product line featuring ClearSign Core technology. The new burners can operate on both 100% natural gas and 100% hydrogen while maintaining sub 5 ppm NOx emissions to meet strict regulations.
The collaboration, which began in 2020, has involved Zeeco providing its Global Technology Center for research, development, testing, and manufacturing. Both companies' sales teams will now market the ZEECO®-ClearSign process burner product lines, combining ClearSign's emission control capabilities with Zeeco's global market presence, sales resources, and manufacturing capabilities.
ClearSign Technologies (Nasdaq: CLIR) has successfully regained compliance with Nasdaq's minimum bid price requirement. The company, which specializes in industrial combustion and sensing technologies for decarbonization, received confirmation from Nasdaq's Listing Qualifications Department on December 6, 2024. This follows a notice of non-compliance issued on May 2, 2024, when CLIR failed to maintain the required $1.00 minimum bid price over 30 consecutive business days. The company achieved compliance by maintaining a closing bid price above $1.00 for 10 consecutive business days, concluding on December 5, 2024. As a result, CLIR's common stock will continue to be listed on Nasdaq.
FAQ
What is the current stock price of Clearsign Technologies (CLIR)?
What is the market cap of Clearsign Technologies (CLIR)?
What does ClearSign Technologies Corp specialize in?
What industries does ClearSign serve?
What are ClearSign's key technologies?
How does ClearSign support decarbonization?
What makes ClearSign's solutions unique?
Who are ClearSign's strategic partners?
What is ClearSign Eye™ technology?
What is ClearSign Core™ technology?
How does ClearSign address emissions regulations?
What is ClearSign's role in the hydrogen economy?
