STOCK TITAN

ClearSign Technologies Corporation Announces Boiler Burner Order for Asphalt Company in California

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

ClearSign Technologies (Nasdaq: CLIR) has received a purchase order for a boiler burner from an asphalt company in California. The order came through their partner Rogue Combustion after the customer experienced the technology through a rental boiler program. The burner, which incorporates ClearSign Core technology, will be fabricated and shipped in Q2 2025 for installation in California's San Joaquin Valley. The sale demonstrates the effectiveness of the rental program operated by California Boiler in allowing customers to test the technology before making a long-term commitment.

ClearSign Technologies (Nasdaq: CLIR) ha ricevuto un ordine per un bruciatore da caldaia da un'azienda asfaltatrice in California. L'ordine è arrivato tramite il loro partner Rogue Combustion dopo che il cliente ha avuto modo di conoscere la tecnologia attraverso un programma di noleggio di caldaie. Il bruciatore, che incorpora la tecnologia ClearSign Core, sarà fabbricato e spedito nel secondo trimestre del 2025 per essere installato nella Valle di San Joaquin in California. La vendita dimostra l'efficacia del programma di noleggio gestito da California Boiler, che consente ai clienti di testare la tecnologia prima di impegnarsi a lungo termine.

ClearSign Technologies (Nasdaq: CLIR) ha recibido un pedido de compra para un quemador de caldera de una empresa de asfalto en California. El pedido fue realizado a través de su socio Rogue Combustion después de que el cliente experimentara la tecnología a través de un programa de alquiler de calderas. El quemador, que incorpora la tecnología ClearSign Core, será fabricado y enviado en el segundo trimestre de 2025 para su instalación en el Valle de San Joaquín en California. La venta demuestra la efectividad del programa de alquiler operado por California Boiler, que permite a los clientes probar la tecnología antes de hacer un compromiso a largo plazo.

ClearSign Technologies (Nasdaq: CLIR)가 캘리포니아의 한 아스팔트 회사로부터 보일러 버너 구매 주문을 받았습니다. 이 주문은 고객이 임대 보일러 프로그램을 통해 기술을 경험한 후 그들의 파트너인 Rogue Combustion을 통해 들어왔습니다. ClearSign Core 기술이 적용된 이 버너는 2025년 2분기에 제작 및 배송되어 캘리포니아의 샌호아킨 밸리에 설치될 예정입니다. 이 판매는 캘리포니아 보일러가 운영하는 임대 프로그램의 효과를 보여주며, 고객이 장기적인 약속을 하기 전에 기술을 테스트할 수 있는 기회를 제공합니다.

ClearSign Technologies (Nasdaq: CLIR) a reçu une commande pour un brûleur de chaudière d'une entreprise d'asphalte en Californie. La commande est passée par le biais de leur partenaire Rogue Combustion, après que le client ait expérimenté la technologie grâce à un programme de location de chaudières. Le brûleur, qui intègre la technologie ClearSign Core, sera fabriqué et expédié au deuxième trimestre 2025 pour une installation dans la vallée de San Joaquin en Californie. La vente démontre l'efficacité du programme de location géré par California Boiler, permettant aux clients de tester la technologie avant de s'engager sur le long terme.

ClearSign Technologies (Nasdaq: CLIR) hat eine Bestellung für einen Kesselbrenner von einem Asphaltunternehmen in Kalifornien erhalten. Die Bestellung kam über ihren Partner Rogue Combustion, nachdem der Kunde die Technologie durch ein Mietkesselprogramm kennengelernt hatte. Der Brenner, der die ClearSign Core-Technologie integriert, wird im 2. Quartal 2025 gefertigt und versendet, um in Kaliforniens San Joaquin Valley installiert zu werden. Der Verkauf zeigt die Wirksamkeit des von California Boiler betriebenen Mietprogramms, das es Kunden ermöglicht, die Technologie zu testen, bevor sie sich langfristig binden.

Positive
  • New purchase order secured for boiler burner technology
  • Successful conversion of rental customer to permanent installation
  • Validation of rental program business model effectiveness
Negative
  • Delivery timeline extends to Q2 2025, indicating long lead time

Insights

This $44.7M market cap company's new boiler burner order represents modest but strategic progress in California's emissions-conscious market. The deal validates their go-to-market strategy through partnerships with Rogue Combustion and California Boiler, where the rental program serves as an effective customer acquisition tool. The San Joaquin Valley location is significant, as this region faces strict air quality regulations due to its unique geographical features that trap air pollution. The successful conversion from a rental to a permanent installation demonstrates product efficacy and customer satisfaction, though the extended delivery timeline to Q2 2025 suggests near-term revenue impact. The asphalt industry represents a promising vertical for ClearSign's emissions reduction technology, as these operations typically face significant environmental compliance challenges.

TULSA, Okla., Nov. 12, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that support decarbonization, improve operational and energy efficiency, enable the use of hydrogen as a fuel and enhance safety while dramatically reducing emissions, announces that it has received a purchase order for a boiler burner for use in an asphalt company in California. 

"We are pleased to supply another installation of our ClearSign Core technology, which will be included in a Rogue burner package supplied by our partner, Rogue Combustion. This burner will be supplied to a company in California," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign. "This customer gained familiarity with a Rogue burner installed in a rental boiler supplied by the parent company of Rogue Combustion, California Boiler, and proceeded to place the order for a new Rogue burner for their long-term solution. We believe this sale illustrates the value of the rental program of our partner, California Boiler, which can provide, in addition to a solution to meet the customer's immediate needs, a firsthand experience of a Rogue burner's capabilities while they pursue a longer term solution." 

This purchase order came from Rogue Combustion after the company utilized a rental boiler with a ClearSign-Rogue burner. This boiler burner is expected to be fabricated and shipped in the second quarter of 2025 to be installed at the customer's site in the San Joaquin Valley of California.    

About ClearSign Technologies Corporation

ClearSign Technologies Corporation designs and develops products and technologies for the purpose of decarbonization and improving key performance characteristics of industrial and commercial systems, including operational performance, energy efficiency, emission reduction, safety, the use of hydrogen as a fuel and overall cost-effectiveness. Our patented technologies, embedded in established OEM products as ClearSign Core™ and ClearSign Eye™ and other sensing configurations, enhance the performance of combustion systems and fuel safety systems in a broad range of markets, including the energy (upstream oil production and down-stream refining), commercial/industrial boiler, chemical, petrochemical, transport and power industries. For more information, please visit www.clearsign.com.

Cautionary note on forward-looking statements

All statements in this press release that are not based on historical fact are "forward-looking statements." You can find many (but not all) of these statements by looking for words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "would," "should," "could," "may," "will" or other similar expressions. While management has based any forward-looking statements included in this press release on its current expectations on the Company's strategy, plans, intentions, performance, or future occurrences or results, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company's control, which could cause actual results to materially differ from such statements. Such risks, uncertainties and other factors include, but are not limited to: the performance of the Company's burners, including related fuel and electricity savings and its ability to lower NOx emissions; the Company's ability to successfully deliver, install, and meet the performance obligations of the Company's products, including  process burners, boiler burners and flare products, in the markets the Company operate and sell its products in; the Company's ability to successfully fabricate and ship its boiler burner products timely; the Company's ability to leverage the rental program with California Boiler to generate purchase orders for its products and services; the Company's ability to further expand into other geographic markets; the Company's ability to further expand the sale of ultra-low NOx process and boiler burners; the Company's ability to successfully perform engineering orders and performance optimization processes included therein; general business and economic conditions; the performance of management and the Company's employees; the Company's ability to obtain financing, when needed; the Company's ability to compete with competitors; whether the Company's technology will be accepted and adopted and other factors identified in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission and available at www.sec.gov and other factors that are detailed in the Company's periodic and current reports available for review at www.sec.gov. Furthermore, the Company operates in a competitive environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The Company disclaims any intention to, and, except as may be required by law, undertakes no obligation to, update or revise forward-looking statements to reflect events or circumstances that subsequently occur or of which the Company hereafter become aware.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/clearsign-technologies-corporation-announces-boiler-burner-order-for-asphalt-company-in-california-302302522.html

SOURCE ClearSign Technologies Corporation

FAQ

When will ClearSign Technologies (CLIR) deliver the new boiler burner order to California?

The boiler burner is expected to be fabricated and shipped in the second quarter of 2025.

Where will ClearSign Technologies (CLIR) install the new boiler burner in California?

The boiler burner will be installed at the customer's site in the San Joaquin Valley of California.

How did ClearSign Technologies (CLIR) secure the new California asphalt company order?

The customer first experienced the technology through a rental boiler program operated by California Boiler, which led to the purchase order through Rogue Combustion.

ClearSign Technologies Corporation

NASDAQ:CLIR

CLIR Rankings

CLIR Latest News

CLIR Stock Data

49.85M
40.15M
20.07%
6.4%
0.53%
Pollution & Treatment Controls
Industrial Instruments for Measurement, Display, and Control
Link
United States of America
TULSA