374Water Inc Stock Price, News & Analysis

374Water (NASDAQ: SCWO) announced successful results from its commercial-scale AirSCWO system in destroying PFAS "forever chemicals" in biosolids to non-detectable levels. The company's proprietary technology achieved over 99.99% destruction of organic compounds in biosolids, producing effluents below U.S. EPA's drinking water standards.

The breakthrough addresses a growing nationwide challenge as wastewater treatment facilities face increasing restrictions on biosolids disposal due to PFAS contamination concerns. The technology offers a solution for municipal, federal, and industrial markets seeking to eliminate PFAS-contaminated waste streams, with the company reporting growing market demand and pipeline conversion to actionable backlog.

374Water (NASDAQ:SCWO) has successfully delivered its AirSCWO 6 (AS6) System to Clean Earth's Detroit facility for a significant Department of Defense (DoD) demonstration project. The initiative, led by the Defense Innovation Unit (DIU), aims to evaluate commercial-scale solutions for destroying PFAS-contaminated waste.

The project will demonstrate the treatment of six different PFAS-impacted waste streams, including three from DoD facilities and three concentrated waste streams. Installation and commissioning will take approximately three weeks, with initial waste destruction campaigns starting in August 2025. Arcadis, the project's prime engineering contractor, will conduct comprehensive analysis of all PFAS parameters.

374Water (NASDAQ: SCWO) announced its participation in a Department of Defense (DoD) Environmental Security Technology Certification Program (ESTCP) project to demonstrate PFAS destruction capabilities. The company will deploy its AirSCWO technology at Peterson Space Force Base in Colorado Springs to treat PFAS-contaminated waste streams.

The project, in collaboration with Colorado School of Mines, will focus on treating concentrated PFAS liquid waste from the SAFF® system following soil washing. 374Water's previous waste destruction projects have shown elimination results exceeding 99.99%. The initiative aligns with DoD's mandate to transition to fluorine-free firefighting foams by October 2024 and addresses growing concerns about PFAS "forever chemicals" contamination.

374Water Inc. (NASDAQ: SCWO) has provided an update on the deployment of its AirSCWO 6 System at Orange County Sanitation District Plant No. 1. The company has completed manufacturing of the system and is proceeding with Factory Acceptance Testing (FAT) in July 2025, expected to last 30-60 days.

The project with OC San, which processes over 180 million gallons of wastewater daily serving 2.6 million people, aims to improve waste management practices. The deployment is expected to generate approximately $1.3 million in projected revenue by year-end. The system will be transported from Orlando, Florida to Fountain Valley, California, with installation planned for September 2025.

374Water engineers will manage the first six months of operations, conducting a Controlled Performance Study and training OC San staff. After the initial period, OC San will operate the system with 374Water's support for an additional six months. Following one year of operations, OC San will evaluate potential upgrade to the larger AirSCWO 30 system, capable of processing 30 wet tons of biosolids per day.

374Water (NASDAQ: SCWO) reported Q1 2025 financial results with revenue of $0.5 million, up from $0.3 million year-over-year. The company reported a net loss of $3.7 million, compared to $2.0 million in Q1 2024. Operating expenses increased 106% to $3.9 million, primarily due to increased administrative costs, professional fees, and compensation expenses. Cash position stood at $6.9 million as of March 31, 2025. The company made significant progress in commercializing its AirSCWO waste destruction technology, with multiple deployments scheduled for 2025. Key developments include signing a Waste Destruction Services agreement with a RCRA Part B TSDF partner, conducting successful waste destruction demonstrations with 99.99% effectiveness, and strengthening the leadership team with strategic appointments including Raj Melkote as CTO and Stephen Jones as board director.

374Water (NASDAQ: SCWO) has expressed strong support for the EPA's newly announced major actions to combat PFAS contamination. The EPA's comprehensive strategy focuses on strengthening science, fulfilling statutory obligations, enhancing transparency, and building partnerships. The initiative includes implementing PFAS testing under TSCA, providing annual updates to PFAS Destruction and Disposal Guidance, developing effluent limitation guidelines, and establishing a "polluter pays" framework.

CEO Chris Gannon highlighted that these regulatory actions could create strong demand for their AirSCWO platform, which is designed to destroy various organic wastes, including PFAS, to non-detect or below EPA required levels. The company expects increased interest in their technology as organizations seek to limit liabilities and public funds are allocated for cleanup efforts.

374Water Inc. (NASDAQ: SCWO), a global waste destruction technology company, has scheduled its first quarter 2025 earnings conference call for Thursday, May 15, 2025, at 4:30 p.m. Eastern time. CEO Chris Gannon and CFO Russell Kline will host the call, which will include a presentation and Q&A session. The company will release its financial results for Q1 2025 (ended March 31) before the call.

Investors can access the call via U.S. dial-in (1-877-423-9813), international dial-in (1-201-689-8573), or webcast. A replay will be available until May 29, 2025, through both phone access and webcast.

374Water (NASDAQ: SCWO), a leader in waste destruction technology, has appointed James Pawloski as an advisor and nominated him as an Independent Director. The appointment will be voted on at the virtual Annual Meeting of Stockholders on June 11, 2025.

Pawloski brings extensive experience from his recent role as President & CEO of Regeneration and Recovery Solutions at Veolia North America, where he managed a $300 million business line and oversaw $500 million in revenue P&Ls. He notably doubled EBITDA from $40 million to $80 million in the regeneration business.

Prior to Veolia, Pawloski spent 25 years at DuPont, including leadership of their Clean Technologies business. He holds a BS in chemical engineering and an MBA. CEO Chris Gannon expressed confidence that Pawloski's expertise in waste, wastewater, and environmental solutions will support 374Water's commercial growth.

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.