374Water Announces the Successful Deployment, Commissioning, and Full Operability of its AirSCWO Technology at Orlando’s Iron Bridge Facility
374Water Inc. (NASDAQ:SCWO) has successfully deployed, commissioned, and made fully operational its AirSCWO technology at Orlando's Iron Bridge Regional Water Reclamation Facility. This marks a significant milestone in the company's commercialization path. The system is now processing biosolids and PFAS contaminated wastes at scale, demonstrating its ability to destroy waste efficiently and sustainably.
The Orlando installation allows 374Water to showcase the integration of its technology at one of Florida's largest water reclamation facilities, capable of processing 45 million gallons of wastewater daily. The Florida Department of Environmental Protection provided a grant to assist in financing the deployment. This success follows the technology's extended residency at Merrell Bros' Kokomo, IN facility, where 374Water developed a continuously operable system and scalable technology.
374Water Inc. (NASDAQ:SCWO) ha implementato con successo, commissionato e reso pienamente operativo la sua tecnologia AirSCWO presso l'impianto di trattamento delle acque reflue Iron Bridge a Orlando. Questo rappresenta una tappa significativa nel percorso di commercializzazione dell'azienda. Il sistema sta ora trattando biosolidi e rifiuti contaminati da PFAS su larga scala, dimostrando la sua capacità di distruggere i rifiuti in modo efficiente e sostenibile.
L'installazione di Orlando permette a 374Water di mostrare l'integrazione della sua tecnologia presso uno dei più grandi impianti di trattamento delle acque della Florida, capace di trattare 45 milioni di galloni di acque reflue al giorno. Il Dipartimento della Protezione Ambientale della Florida ha fornito un finanziamento per assistere nella distribuzione. Questo successo segue la lunga permanenza della tecnologia presso l'impianto di Merrell Bros a Kokomo, IN, dove 374Water ha sviluppato un sistema operabile in modo continuo e una tecnologia scalabile.
374Water Inc. (NASDAQ:SCWO) ha implementado, comisionado y puesto en plena operación su tecnología AirSCWO en la Instalación de Reclamación de Agua Regional Iron Bridge de Orlando. Esto marca un hito significativo en la trayectoria de comercialización de la empresa. El sistema ahora está procesando biosólidos y residuos contaminados con PFAS a gran escala, demostrando su capacidad para destruir residuos de manera eficiente y sostenible.
La instalación de Orlando permite a 374Water exhibir la integración de su tecnología en una de las instalaciones de reclamación de agua más grandes de Florida, capaz de procesar 45 millones de galones de aguas residuales al día. El Departamento de Protección Ambiental de Florida proporcionó una subvención para ayudar en el financiamiento de la implementación. Este éxito sigue a la residencia prolongada de la tecnología en la instalación de Merrell Bros en Kokomo, IN, donde 374Water desarrolló un sistema operable de manera continua y una tecnología escalable.
374Water Inc. (NASDAQ:SCWO)는 올랜도의 아이언 브리지 지역 수질 정화 시설에 AirSCWO 기술을 성공적으로 배치하고, 커미션하며, 완전히 운영을 시작했습니다. 이는 회사의 상업화 경로에서 중요한 이정표가 됩니다. 이 시스템은 이제 바이오슬러지와 PFAS 오염 폐기물을 대규모로 처리하고 있으며, 폐기물을 효율적이고 지속 가능하게 파괴할 수 있는 능력을 입증하고 있습니다.
올랜도 설치는 374Water가 플로리다에서 가장 큰 수질 정화 시설 중 하나에서 자사 기술의 통합을 선보일 수 있게 합니다. 이 시설은 매일 4500만 갤런의 폐수 처리 능력을 갖추고 있습니다. 플로리다 환경 보호국은 배치 자금을 지원하기 위해 보조금을 제공했습니다. 이 성공은 374Water가 지속적으로 운영할 수 있는 시스템과 확장 가능한 기술을 개발한 인디애나주 코코모에 있는 Merrell Bros 시설에서의 기술 장기 거주를 이어서 이루어진 것입니다.
374Water Inc. (NASDAQ:SCWO) a déployé, mis en service et rendu pleinement opérationnelle sa technologie AirSCWO à l'installation de traitement des eaux usées Iron Bridge d'Orlando. Cela marque une étape importante dans le parcours de commercialisation de l'entreprise. Le système traite désormais des biosolides et des déchets contaminés par des PFAS à grande échelle, démontrant sa capacité à détruire les déchets de manière efficace et durable.
L'installation d'Orlando permet à 374Water de mettre en avant l'intégration de sa technologie dans l'une des plus grandes installations de traitement des eaux de Floride, capable de traiter 45 millions de gallons d'eaux usées par jour. Le Département de Protection Environnementale de Floride a fourni une subvention pour aider au financement de la mise en œuvre. Ce succès fait suite à la résidence prolongée de la technologie dans l'installation de Merrell Bros à Kokomo, IN, où 374Water a développé un système exploitable en continu et une technologie évolutive.
374Water Inc. (NASDAQ:SCWO) hat erfolgreich seine AirSCWO-Technologie im Iron Bridge Regional Water Reclamation Facility in Orlando eingesetzt, in Betrieb genommen und vollständig funktionsfähig gemacht. Dies stellt einen bedeutenden Meilenstein im Kommerzialisierungsweg des Unternehmens dar. Das System verarbeitet nun Biosolide und mit PFAS kontaminierte Abfälle in großem Maßstab und demonstriert seine Fähigkeit, Abfälle effizient und nachhaltig zu beseitigen.
Die Installation in Orlando ermöglicht es 374Water, die Integration ihrer Technologie in einer der größten Wasserrecycling-Anlagen in Florida zu präsentieren, die in der Lage ist, täglich 45 Millionen Gallonen Abwasser zu verarbeiten. Das Florida Department of Environmental Protection stellte eine Finanzhilfe zur Verfügung, um die Implementierung zu unterstützen. Dieser Erfolg folgt auf die verlängerte Nutzung der Technologie bei Merrell Bros' Anlage in Kokomo, IN, wo 374Water ein durchgehend betreibbares System und skalierbare Technologie entwickelt hat.
- Successful deployment and full operability of AirSCWO technology at a major water reclamation facility
- Demonstration of capability to process biosolids and PFAS contaminated wastes at scale
- Grant received from Florida Department of Environmental Protection for deployment and operation
- Scheduled destruction demonstrations for multiple federal government contracts
- Secured ability to demonstrate capabilities to industrial customers
- Planned deployment to Orange County Sanitation (CA) in 2025
- None.
Insights
The successful deployment and operability of 374Water's AirSCWO technology at Orlando's Iron Bridge facility represents a significant milestone in waste management innovation. This supercritical water oxidation system addresses critical environmental challenges by efficiently processing biosolids and PFAS-contaminated wastes. The technology's ability to destroy persistent organic pollutants positions 374Water as a potential leader in the growing market for advanced waste treatment solutions.
The integration into one of Florida's largest water reclamation facilities provides a high-profile showcase for the AirSCWO system's capabilities. This deployment, supported by a state grant, demonstrates both governmental and industry recognition of the technology's potential. The planned demonstrations for federal and industrial customers could lead to significant contract opportunities and market expansion.
For investors, this development signals 374Water's transition from technology development to commercial application, potentially accelerating revenue growth. The scheduled deployment to Orange County Sanitation in 2025 further supports the company's growth trajectory. However, investors should monitor the system's long-term performance and cost-effectiveness to assess its true market potential.
The successful deployment of 374Water's AirSCWO technology marks a pivotal moment for the company's financial outlook. This milestone transitions the firm from R&D to commercialization, potentially unlocking revenue streams and improving the company's financial position. The Florida Department of Environmental Protection grant highlights the technology's perceived value and could lead to additional public funding opportunities.
Investors should note the potential for multiple revenue sources: municipal contracts (like Orlando and the upcoming Orange County project), federal government demonstrations and industrial customer applications. This diversification could provide stability and growth opportunities. However, the company's ability to scale operations and manage costs during this expansion phase will be crucial.
With a market cap of
Marks Major Milestone in Waste Destruction and Commercialization Path
DURHAM, NC / ACCESSWIRE / September 26, 2024 / 374Water Inc. (NASDAQ:SCWO), an emerging leader in organic waste destruction solutions, is pleased to announce that its supercritical water oxidation technology, AirSCWO, is fully installed and commissioned. The technology is now operating and processing biosolids and other PFAS contaminated wastes at scale within the City of Orlando's Iron Bridge Regional Water Reclamation Facility. This achievement is a significant milestone on the path toward the commercialization of the AirSCWO system and fulfills a key operational goal for the Company.
The AirSCWO system's successful integration into Orlando's facility marks the beginning of commercial biosolids processing, showcasing the capability of 374Water's supercritical water oxidation technology to destroy waste efficiently and sustainably. The AirSCWO system is designed to process Orlando's biosolids continuously with a direct connection to plant supplied waste activate sludge while still retaining the capability of processing other waste streams from different sources as well, offering a solution that reduces waste volumes, eliminates harmful contaminants, and supports the City's sustainability goals.
Operating at Iron Bridge will allow 374Water to demonstrate the integration of its technology at one of Florida's largest water reclamation facilities, which is capable of processing 45 million gallons of wastewater daily. The Orlando installation enables the Company to continue its commercial development of a system that can destroy persistent organic pollutants, including per- and polyfluoroalkyl substances ("PFAS"). Recognizing the critical need for this type of technology, the Florida Department of Environmental Protection provided Orlando a grant, under the Bilateral Infrastructure Law emerging contaminant funding, to assist in financing the AirSCWO deployment and subsequent operation.
"The operational success of our technology in Orlando is a critical step toward further proving AirSCWO's capability to destroy municipal, federal and industrial organic waste streams at scale," said Chris Gannon, CEO of 374Water. "We are scheduled to complete destruction demonstrations for multiple federal government contracts utilizing our AirSCWO system at the Orlando facility and have also secured the ability to demonstrate our capabilities to industrial customers."
This update follows our initial announcement made in July 2024 regarding the deployment of our cutting-edge AirSCWO technology to the City of Orlando's Iron Bridge facility from its extended residency at the Merrell Bros' ("MBI") Kokomo, IN facility. At MBI, 374Water developed a continuously operable system and scalable technology.
Gannon added, "This AirSCWO deployment marks a transformative moment for 374Water as we further validate our technology in commercial settings. We look forward to fulfilling additional commitments across the United States, including deploying to Orange County Sanitation (CA) in 2025. We are proud to be part of Orlando's vision for a sustainable future and are excited to demonstrate the broad utility of our technology for municipal, federal, and industrial partners."
For more information about 374Water and its innovative waste destruction technology, visit www.374water.com.
About 374Water
374Water Inc. (Nasdaq:SCWO) is a global cleantech company providing innovative solutions addressing wastewater treatment and waste management issues within the municipal, federal and industrial markets. 374Water's AirSCWO technology is designed to efficiently destroy and mineralize a broad spectrum of organic non-hazardous and hazardous organic wastes producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. 374Water's AirSCWO technology has the potential to assist its customers to meet discharge requirements, reduce or eliminate disposal costs, remove bottlenecks, and reduce litigation and other risks. 374Water continues to be a leader in innovative waste treatment solutions, dedicated to creating a greener future and eradicating harmful pollutants. Learn more by visiting www.374water.com and follow us on LinkedIn.
Cautionary Language on Forward-Looking Statements
Certain statements in this communication are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to future events or our future financial performance, including statements relating to our ability to execute on our strategic plan, the anticipated benefits of our move to Orlando, progress toward commercialization, and the timing and success of our deployment in Orange County, CA, and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or our achievements or those of our industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements may be identified by the use of words like "forward," "begin," "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "project," "consider," "predict," "potential," "feel," or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates, beliefs, and projections. While the Company believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. These and other important factors, including those discussed under "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, as well as the Company's subsequent filings with the SEC, may cause actual results, performance, or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements herein are made only as of the date they were first issued, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact: 374water@gregoryfca.com
Investor Contact: Heather Crowell
Media Contact: Christian Rizzo
SOURCE: 374Water Inc.
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FAQ
What is the significance of 374Water's AirSCWO technology deployment in Orlando?
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