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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
• Strategic collaborations with engineering leaders
• Regulatory achievements in emissions compliance
• Industry recognition for clean technology advancements
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) announced the sale of its ClearSign Core™ enclosed oxidizer to a Canadian customer developing technology for clean hydrogen production. This project highlights the company's commitment to low-carbon solutions, enhancing their visibility and potential market reach in the hydrogen energy sector. CEO Jim Deller expressed optimism about the project, emphasizing its alignment with environmental initiatives. This sale may pave the way for further deployments of ClearSign's technologies in the evolving energy landscape.
ClearSign Technologies Corporation (Nasdaq: CLIR) announced a conference call scheduled for September 1, 2022, at 5 PM ET, to discuss its second quarter financial results for the period ending June 30, 2022. The company will file its 10-Q report shortly before the call. Investors can join the call via phone or through a live webcast. The call will also be archived for later access. ClearSign focuses on improving efficiency and safety in industrial combustion systems while reducing emissions.
On August 2, 2022, ClearSign Technologies Corporation (CLIR) announced a transition on its Board of Directors. Bruce A. Pate is stepping down, and Gary J. DiElsi, an experienced energy executive with over 40 years in the industry, is appointed to fill the position. DiElsi has held significant roles in major companies like Chevron and Linde AG and founded Mountain Pass Energy Investing LLC. CEO Jim Deller praised Pate’s contributions and expressed optimism about DiElsi's impact on the company's growth.
ClearSign Technologies Corporation (Nasdaq: CLIR) announced the full exercise of a purchase right by clirSPV LLC, resulting in the acquisition of 1,591,594 shares at $1.11 each, totaling approximately $1.77 million. This follows an underwritten public offering completed on June 1, 2022. The proceeds will be utilized for working capital, R&D, and general corporate purposes. clirSPV's Chairman expressed confidence in ClearSign's growth potential, citing improved management and product range, alongside established partnerships. The company targets enhanced operational performance and emission reductions in industrial systems.
ClearSign Technologies Corporation (Nasdaq: CLIR) reported operational updates for Q1 2022, emphasizing growing industry recognition and deeper customer engagement. Key highlights include:
- Closed a public offering of 4,186,000 shares at $1.11 per share, raising approximately $4.65 million for various corporate purposes.
- Awarded a $250,000 grant from the Department of Energy to develop ultra-low NOx hydrogen burner technology.
- Secured an initial order for 20 ClearSign Core™ burners from a California refinery.
- Successfully installed a process burner at a European refinery.
- Relocated headquarters to Tulsa, OK.
ClearSign Technologies Corporation (Nasdaq: CLIR) has successfully closed an underwritten public offering of 4,186,000 shares at $1.11 per share, raising approximately $4.65 million. The offering included 546,000 shares from the underwriter's full exercise of its overallotment option. The net proceeds will be allocated for working capital, R&D, marketing, and general corporate purposes. Newbridge Securities Corporation acted as the sole book-running manager.
ClearSign Technologies Corporation (Nasdaq: CLIR) announced a public offering of 3,640,000 shares at $1.11 per share, aiming for gross proceeds of $4,040,400. An additional 546,000 shares may be offered if underwriters exercise their option, potentially raising total proceeds to $4,646,460.
Proceeds will support working capital, research and development, and sales efforts. The offering is set to close by June 1, 2022, pending customary conditions.
ClearSign Technologies Corporation (Nasdaq: CLIR) announced a proposed underwritten public offering of its common stock, with all shares to be sold by the company. The offering includes a potential 30-day option for the underwriter to purchase an additional 15% of shares at the public offering price. Proceeds will be utilized for working capital, research and development, marketing, and general corporate purposes. The final terms of the offering will rely on market conditions, and the company can make no assurance regarding the completion or size of the offering.
ClearSign Technologies Corporation (Nasdaq: CLIR) has been awarded a government grant of approximately $250,000 through the Small Business Innovative Research (SBIR) program with the Department of Energy. This funding will support the development of ultra-low NOx hydrogen burner technology, which aims to reduce carbon dioxide and nitrogen oxide emissions in industrial applications. The project will last six months, and upon completion, ClearSign may apply for a Phase 2 grant of up to $1.6 million for further development. The effort is positioned to advance the hydrogen economy.
ClearSign Technologies Corporation (Nasdaq: CLIR) announces a conference call scheduled for June 2, 2022, at 5:00 PM ET, to discuss its Q1 results. The company will file its 10-Q report and provide a summary of operating results for the quarter ending March 31, 2022. Additionally, a virtual Annual Meeting will take place on June 6, 2022, at 2:00 PM ET. Shareholders can participate online and submit questions during the meeting. More information is accessible on the company’s investor relations website.
