Welcome to our dedicated page for 374Water news (Ticker: SCWO), a resource for investors and traders seeking the latest updates and insights on 374Water stock.
374Water Inc. (SCWO) pioneers sustainable waste transformation through its proprietary AirSCWO® technology, converting organic and hazardous materials into clean water and recoverable resources. This news hub provides investors and industry stakeholders with essential updates on the company's cleantech advancements.
Access real-time press releases covering technology deployments, regulatory milestones, and strategic partnerships. Our curated collection includes financial disclosures, environmental impact reports, and innovation announcements – all critical for evaluating 374Water's position in the waste management sector.
Discover updates on AirSCWO system implementations across municipal, federal, and industrial markets. Track progress in PFAS destruction capabilities and energy recovery initiatives. The archive serves as a comprehensive resource for understanding 374Water's role in advancing circular economy solutions.
Bookmark this page for streamlined access to operational updates and market expansion news. Verify all information through original source links while maintaining current awareness of 374Water's environmental technology leadership.
374Water Inc. (NASDAQ: SCWO) has appointed Stephen J. Jones to its Board of Directors, expanding the board to seven members with four independent directors. This appointment satisfies Nasdaq's independent director requirement under Rule 5605(b)(1).
Jones, former President and CEO of Covanta Holding , brings extensive experience in environmental services and industrial sectors. His background includes senior management positions at Air Products and Chemicals, Inc., including serving as China president. He currently serves as a director at Tronox Holdings plc, Badger Infrastructure Solutions , and as Special Advisor to Kanadevia Inova AG.
The appointment aims to leverage Jones' industry expertise and relationships to accelerate 374Water's commercial rollout of AirSCWO Technology for waste destruction in municipal, federal, and industrial markets.
374Water Inc (NASDAQ: SCWO) has announced a settlement agreement with its co-founder and former CEO, Yaacov (Kobe) Nagar, regarding an employment claim filed against the company. The settlement terms remain confidential, but both parties have expressed satisfaction with the resolution.
Current CEO Chris Gannon stated that the company values Nagar's contributions and looks forward to future collaboration. Nagar also expressed optimism about the company's future success in 'SCWOing the world.' The agreement marks a new chapter for both parties, who remain committed to maintaining a productive relationship moving forward.
374Water Inc (NASDAQ: SCWO) reported its Q4 and full year 2024 financial results, highlighting the progress of its AirSCWO waste destruction technology. The company generated revenue of $0.4 million in 2024, down from $0.7 million in 2023. Operating expenses increased 59% to $11.9 million, resulting in a net loss of $12.4 million compared to $8.1 million in 2023.
Key developments include the deployment of AirSCWO system at Orlando's Iron Bridge Water Reclamation Facility, with a second system scheduled for Orange County, CA in 2025. The company secured a contract from North Carolina to destroy AFFF containing PFAS, potentially expanding to 28,000 gallons. Cash position stood at $10.7 million as of December 31, 2024.
The company strengthened its leadership by appointing Russell Kline as CFO and Raj Melkote as CTO, while also completing a $12.2 million registered direct offering.
374Water Inc. (NASDAQ: SCWO) has secured a contract from the State of North Carolina for the destruction of Aqueous Film-Forming Foam (AFFF). The project is part of North Carolina's 60,000-gallon AFFF destruction initiative, representing one of the largest state-led PFAS disposal efforts.
The contract will be executed in two phases: Phase 1 involves treating 1,000 gallons of AFFF, with potential for an additional 28,000 gallons in Phase 2. The company's AirSCWO technology has demonstrated >99.99% destruction and removal efficiency for PFAS waste streams.
This initiative aligns with North Carolina's Responsible Firefighting Foam Management Act (H370) of the 2023-2024 Session and marks a significant step in addressing PFAS contamination. The company will provide Waste Destruction Services (WDS) to the University of North Carolina at Chapel Hill Collaboratory as part of this effort.
374Water Inc. (NASDAQ: SCWO), a global waste destruction technology leader, has announced its participation in the Gabelli Funds' 11th Annual Waste, Recycling & Environmental Services Symposium on April 3rd, 2025, at The Harvard Club, New York City.
The company's management will engage in a Fireside Chat at 2:45 p.m. Eastern time and conduct one-on-one meetings with institutional investors throughout the event. The symposium will showcase presentations from industry-leading companies, focusing on industry dynamics, new technologies, and company fundamentals.
A live audio webcast will be available through the Gabelli website, and management will be available for in-person meetings in New York on April 2nd and 5th, 2025.
374Water Inc (NASDAQ: SCWO), a global leader in waste destruction technology, has scheduled its Fourth Quarter and Full Year 2024 financial results announcement for Thursday, March 27, 2025, after market close. The company will host a conference call at 4:30 p.m. Eastern time to discuss the results.
CEO Chris Gannon and CFO Russell Kline will lead the conference call, which will include a presentation and a Q&A session. The presentation will be accessible during the webcast and afterward through the company's investor relations website. A telephone replay will be available for approximately three hours after the call until April 10, 2025, with replay pin number: 13752175.
374Water Inc. (NASDAQ: SCWO) has successfully demonstrated its AirSCWO technology in eliminating PFAS from Light Non-Aqueous Phase Liquid (LNAPL) impacted groundwater samples from the U.S. Navy. The demonstration, sponsored by the Navy Environmental Sustainability Development to Integration Program, showed complete elimination of PFAS to non-detect levels and achieved >99.9% Chemical Oxygen Demand removal.
The technology addresses the challenge of treating groundwater contaminated with both petroleum products (LNAPLs) and PFAS, which pose significant risks to public health. The AirSCWO process uses supercritical water oxidation, operating above 374°C and 221 bar, to destroy organic compounds through oxidation.
In testing, samples containing 2,087 ppt of PFAS were processed through the AirSCWO reactor. After homogenization with an aqueous carrier phase producing a 66.8 ppt PFAS concentration feedstock, the treatment resulted in non-detect levels for all 40 PFAS compounds tested via EPA Method 1633, with the process completing in 25 seconds or less.
374Water Inc (NASDAQ: SCWO), a global waste destruction technology leader, has appointed Raj Melkote as Chief Technology Officer. Melkote brings over 30 years of R&D and engineering executive experience, specializing in commercializing innovative industrial technology products.
Previously serving as CTO at BayoTech Hydrogen, Melkote led innovation in modular hydrogen solutions. His experience includes roles at Edwards Vacuum, where he implemented machine learning for predictive diagnostics, and positions at Brooks Automation, Honeywell, United Technologies, and General Electric.
In his new role, Melkote will lead 374Water's Engineering organization, focusing on scaling the business and enhancing their AirSCWO technology. The company aims to develop larger capacity systems to address waste destruction needs across municipal, federal, and industrial markets.
374Water Inc (NASDAQ: SCWO) has announced peer-reviewed preliminary data showing 99.9999% destruction efficiency of PFAS in aqueous film-forming foam (AFFF) using their AirSCWO technology. The findings were published in the National Ground Water Association Journals by Arcadis researchers.
AFFF, widely used in firefighting for flammable liquid and gas fires, contains PFAS which pose significant environmental and health risks. With the U.S. Department of Defense and European Union mandating transition to fluorine-free firefighting foams in 2024, 374Water's AirSCWO system is positioned as a potential large-scale solution for AFFF disposal.
The Arcadis study identifies four waste types at AFFF remediation sites: concentrate, rinsate solutions, cleaning agents, and contaminated solid wastes. Unlike traditional disposal methods such as landfilling that carry long-term liability, the AirSCWO technology offers permanent destruction of these hazardous materials, positioning the company to support growing demand across federal, municipal, and industrial markets.
374Water Inc (NASDAQ: SCWO) has announced an updated timeline for deploying its AirSCWO 6 System at Orange County Sanitation District Plant No. 1. The project includes system manufacturing completion in March 2025, Factory Acceptance Test in May 2025, and system delivery to Fountain Valley, California in May 2025.
OC San, which processes over 180 million gallons of wastewater daily serving 2.6 million people, currently transports 525 wet tons of biosolids daily to California and Arizona. The deployment is expected to generate approximately $1.3 Million in revenue from Q2 to Q4 2025.
374Water engineers will manage operations for the first six months, conducting a Controlled Performance Study and training OC San staff. After one year, OC San will evaluate upgrading to the larger AirSCWO 30 system and potentially installing up to five AirSCWO 200 systems at its Huntington Beach facility.
