374Water Demonstrates Revolutionary Waste Management Solution for a Deluge of Attendees at SCWO Week

Rhea-AI Summary

374Water Inc. (NASDAQ: SCWO) showcased its innovative AirSCWO™ supercritical water oxidation technology during a three-day event in Indiana, attended by over 400 guests, including prospective customers from more than 10 countries. The demonstration highlighted the company’s first commercial unit, which is set to be deployed in Orange County, CA, later this year. This technology transforms organic waste into water, energy, and minerals, promoting sustainability while minimizing greenhouse gas emissions. The Orange County Sanitation District became the first customer for this solution in 2022, emphasizing its significance for future waste management regulations. CEO Kobe Nagar reiterated the commitment to sustainable waste solutions and the importance of protecting vital resources for future generations.

Positive

• Successful demonstration of AirSCWO technology to over 400 attendees, including potential customers and investors.
• First commercial unit deployment scheduled for Orange County, CA, later this year.
• Innovative waste management solution converts waste into reusable resources, enhancing sustainability.
• Strong initial customer interest, with the Orange County Sanitation District signing on in 2022.

Negative

• None.

DURHAM, NC / ACCERSSWIRE / April 18, 2023 / Following on the heels of the first UN Water conference in 50 years, 374Water Inc. (NASDAQ:SCWO) successfully demonstrated its AirSCWO™ supercritical water oxidation (SCWO) technology during SCWO week at its manufacturing partner's facility in Indiana. The event showcased the company's revolutionary waste management solution to hundreds of prospective customers, along with analysts and investors. The 3-day event, attended by over 400 guests featured a demonstration of the first commercial unit, set to be deployed in Orange County, CA, later this year; panel discussions; and plenty of time to "see the magic inside" and engage with experts on the technology. Attendees included over 200 potential customers, including several municipalities, representing over 10 countries.

"Our innovative technology is game-changing and represents a critical step in creating a circular economy," said Kobe Nagar, CEO and Co-Founder of 374Water. "We were thrilled to welcome hundreds of potential customers, strategic partners, and investors to demonstrate our pioneering solutions for the environment, while also inspiring change in how we manage our precious resources - water, energy, and minerals - for generations to come."

The technology uses supercritical water and air to mineralize organic waste and synthetic, often toxic, compounds into water, energy, and minerals without requiring any additional chemicals or generating harmful byproducts. The reaction generates valuable resources, including energy and minerals, that are reused. The units treat a broad range of waste and are compact and modular, allowing for easy deployment on-site and reduced greenhouse gas emissions resulting from waste hauling. The paradigm-shifting waste management solution enables customers to improve sustainability measures while positively impacting societal health.

Orange County Sanitation District was the first customer to sign up for this solution in 2022, underscoring the value of the units for municipal waste management anticipating future regulations. This first unit is set to be deployed later this year. Speaking on a panel at SCWO week, Rob Thomson, General Manager of Orange County Sanitation said, "I look at 374Water because it's a step change. It's potentially a way to change how we handle our solids completely." See more attendee feedback here.

"We believe that solutions like AirSCWO must become part of our global infrastructure," continued Nagar. "By developing innovative, sustainable technologies, we are working to ensure that everyone will have the ability to treat waste sustainably. We see it as our duty to protect the planet's most vital resource and to ensure that the next generation's health and life expectancy won't be harmed by the practices of the past."

Cautionary Language

This press release contains "forward-looking statements," as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning.

About 374Water

374Water Inc. (Nasdaq:SCWO) is a global cleantech and social impact company whose mission is to preserve a clean and healthy environment that sustains life. We are pioneering a new era of sustainable waste management that supports a circular economy and enables organizations to achieve their environmental, social, and governance (ESG) and sustainability goals. Follow us on LinkedIn and Twitter.

Media contact

Christian Rizzo
media@374water.com

Investor contact

Heather Crowell
ir@374water.com

SOURCE: 374Water Inc.

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https://www.accesswire.com/749624/374Water-Demonstrates-Revolutionary-Waste-Management-Solution-for-a-Deluge-of-Attendees-at-SCWO-Week

FAQ

What is 374Water Inc.'s innovative technology showcased during SCWO week?

374Water Inc. showcased its AirSCWO™ supercritical water oxidation technology during SCWO week.

When is the first commercial unit of 374Water Inc. set to be deployed?

The first commercial unit is scheduled for deployment in Orange County, CA, later this year.

Who were the attendees at 374Water Inc.'s SCWO week demonstration?

More than 400 guests attended, including over 200 potential customers from more than 10 countries.

What does the AirSCWO technology do?

AirSCWO technology mineralizes organic waste into water, energy, and minerals, helping to improve sustainability.

Who was the first customer to sign up for 374Water Inc.'s AirSCWO solution?

The Orange County Sanitation District was the first customer to sign up for this solution in 2022.