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ClearSign Technologies Corp (Nasdaq: CLIR) delivers innovative combustion solutions that reduce industrial emissions while improving energy efficiency. This news hub provides investors and industry professionals with essential updates about the company's patented technologies, strategic partnerships, and environmental compliance milestones.
Access authoritative reporting on CLIR's developments in ultra-low NOx burners, hydrogen-compatible systems, and sensor technologies. Our curated collection helps stakeholders track progress in industrial decarbonization and operational safety enhancements.
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• Product innovations like ClearSign Core™ combustion systems
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Bookmark this page for ongoing updates about ClearSign's role in enabling sustainable industrial operations through cutting-edge combustion solutions. Check regularly for new developments in hydrogen-ready technologies and emissions control systems.
ClearSign Technologies Corporation (Nasdaq: CLIR) reported a mix of progress and challenges in its second quarter update for 2021. The company highlighted advancements in its burner technologies, including successful demonstrations and installations for major clients. Notably, ClearSign's burner performance can guarantee low NOx emissions under various conditions. As of June 30, 2021, cash and equivalents stood at approximately $10.6 million, with 31.5 million shares outstanding. ClearSign also joined the Russell Microcap® Index, enhancing its market presence.
ClearSign Technologies Corporation (Nasdaq: CLIR) has received a verbal notification from ExxonMobil to pause the testing of its ClearSign Core™ process burners at the Baytown, Texas refinery. This decision results from insufficient time to integrate the technology into the refinery's planned 2022 turnaround. CEO Jim Deller expressed disappointment, noting the company had anticipated completing the final product demonstration and installation, which were expected to showcase significant reductions in NOx emissions. An investor call is scheduled for September 8, 2021, to discuss further developments.
ClearSign Technologies Corporation (Nasdaq: CLIR) will host a conference call on September 8, 2021, at 5:00 PM ET to discuss its financial and operating results for the quarter ending June 30, 2021. The quarterly report will be filed with the SEC, followed by a press release summarizing key financials. Investors can participate via phone or listen online through a webcast. ClearSign focuses on enhancing combustion and sensing technologies to improve energy efficiency and reduce emissions across various industries.
ClearSign Technologies Corporation (Nasdaq: CLIR) announces the sad passing of its Chief Financial Officer, Brian Fike, on July 30, 2021. The company expressed deep condolences to his family and recognized his significant contributions during his tenure. CEO Jim Deller acknowledged the impact of Fike's loss on the team. Despite this tragedy, ClearSign's current management and Board of Directors will continue to lead the company, with succession planning already in progress. ClearSign focuses on enhancing operational performance and reducing emissions in various industrial sectors.
ClearSign Technologies Corporation (Nasdaq: CLIR) reported operational updates for Q1 2021, highlighting significant advancements in the adoption of its combustion technologies. Key achievements include a successful performance demonstration for a supermajor European project, installation of burners at a California energy facility, and certification for fire tube boiler burners in China. The company recognized $363,000 in revenue during the quarter and had approximately $10.7 million in cash and equivalents by March 31, 2021. ClearSign continues to build strategic partnerships to enhance its market presence.
ClearSign Technologies Corporation (Nasdaq: CLIR) has announced its inclusion in the Russell Microcap Index, effective June 28, 2021. This membership is expected to enhance visibility and drive shareholder value as the company continues to commercialize its technologies across multiple product lines. The Russell indexes serve as benchmarks for approximately $10.6 trillion in assets, making this inclusion significant for ClearSign.
ClearSign Technologies Corporation (Nasdaq: CLIR) will host a quarterly conference call on June 15, 2021, at 5:00 PM ET to discuss its financial results for Q1 2021. The company plans to file its 10-Q report with the SEC shortly before the call. Additionally, shareholders can attend the virtual Annual Meeting on June 17, 2021, and submit questions during the session. ClearSign focuses on improving industrial combustion and sensing technologies, enhancing energy efficiency, safety, and reducing emissions across multiple sectors.
ClearSign Technologies Corporation (Nasdaq: CLIR) has received certification from the Chinese government for its 125hp fire tube boiler burner, enabling sales in the Chinese market. This milestone signifies a major step in ClearSign's commercialization efforts. The company plans to expand its fire tube burner line, following the same certification process for various sizes. CEO Jim Deller emphasized the significance of this achievement and the rigorous testing involved. The approval allows ClearSign to pursue collaborations and advance its commercialization strategy.
ClearSign Technologies Corporation (Nasdaq: CLIR) has provided an operational update for Q4 and the full year ending December 31, 2020. The company highlights significant advancements in deploying combustion technologies and partnerships in the USA and globally. Key developments include a multi-unit burner installation for a major energy company, certification efforts for a boiler burner in China, and agreements for ultra-low emission equipment sales in the U.S. ClearSign reported approximately $8.8 million in cash and equivalents as of December 31, 2020.
ClearSign Technologies Corporation (Nasdaq: CLIR) announced the successful installation of three burners at a California storage terminal, marking a significant step in expanding its presence in the energy infrastructure sector. Installed by channel affiliate, California Boiler, this project enhances ClearSign's credibility and market acceptance for its ClearSign Core technology, which offers a cost-effective alternative to traditional SCR systems. The CEO, Jim Deller, emphasized the importance of this installation in gaining industry confidence.
