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374Water Provides Business Update

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374Water Inc. (NASDAQ:SCWO) provided a business update following the EPA's draft risk assessment on PFAS chemicals in biosolids. The EPA's assessment highlights risks associated with land-applied sludge contaminated with PFOA/PFOS, naming SCWO as a key destruction technology.

The company's AirSCWO technology is positioned as the only commercial-scale, continuous flow solution available for PFAS destruction. The EPA suggests that sludge containing as low as 1 ppb of PFAS when land applied may pose human health risks exceeding acceptable thresholds.

374Water is developing AirSCWO Systems with various destruction capacities, ranging from 1 metric ton/day (suitable for 0.25 to 0.5 MGD WW facilities) up to 100 metric ton/day (for 20 to 40 MGD WW facilities). The company reports a municipal, federal, and industrial backlog and pipeline of $1.8 billion for their organic waste destruction technology, expected to drive growth in 2025.

374Water Inc. (NASDAQ:SCWO) ha fornito un aggiornamento aziendale in seguito alla bozza di valutazione del rischio dell'EPA sui chimici PFAS nei fanghi di trattamento. La valutazione dell'EPA evidenzia i rischi associati ai fanghi contaminati da PFOA/PFOS, citando SCWO come una tecnologia chiave per la distruzione.

La tecnologia AirSCWO dell'azienda è posizionata come l'unica soluzione commerciale a flusso continuo disponibile per la distruzione dei PFAS. L'EPA suggerisce che i fanghi contenenti anche solo 1 ppb di PFAS, se applicati al suolo, possono presentare rischi per la salute umana che superano le soglie accettabili.

374Water sta sviluppando sistemi AirSCWO con varie capacità di distruzione, che vanno da 1 tonnellata metrica/giorno (adatta per impianti di trattamento con capacità di 0.25 a 0.5 MGD) fino a 100 tonnellate metriche/giorno (per impianti di trattamento con capacità di 20 a 40 MGD). L'azienda riporta un backlog e pipeline municipale, federale e industriale di 1.8 miliardi di dollari per la loro tecnologia di distruzione dei rifiuti organici, prevista per sostenere la crescita nel 2025.

374Water Inc. (NASDAQ:SCWO) proporcionó una actualización comercial tras la evaluación de riesgo preliminar de la EPA sobre los químicos PFAS en biosólidos. La evaluación de la EPA destaca los riesgos asociados con el lodo contaminado con PFOA/PFOS, nombrando a SCWO como una tecnología clave para su destrucción.

La tecnología AirSCWO de la empresa se posiciona como la única solución a gran escala y flujo continuo disponible para la destrucción de PFAS. La EPA sugiere que el lodo que contiene tan solo 1 ppb de PFAS, al aplicarse a la tierra, podría representar riesgos para la salud humana que superan los umbrales aceptables.

374Water está desarrollando sistemas AirSCWO con diversas capacidades de destrucción, que van desde 1 tonelada métrica/día (adecuada para plantas de tratamiento de 0.25 a 0.5 MGD) hasta 100 toneladas métricas/día (para plantas de 20 a 40 MGD). La empresa informa un backlog y cartera municipal, federal e industrial de 1.8 mil millones de dólares para su tecnología de destrucción de residuos orgánicos, lo que se espera impulse el crecimiento en 2025.

374Water Inc. (NASDAQ:SCWO)는 EPA가 바이오 고형물의 PFAS 화학 물질에 대한 초안 위험 평가를 발표한 후 비즈니스 업데이트를 제공했습니다. EPA의 평가는 PFOA/PFOS로 오염된 토양 적용 슬러지와 관련된 위험을 강조하며, SCWO를 핵심 파괴 기술로 지명했습니다.

회사의 AirSCWO 기술는 PFAS 파괴를 위한 유일한 상업 규모의 연속 흐름 솔루션으로 자리 잡고 있습니다. EPA는 토지에 적용된 슬러지가 PFAS를 1 ppb 이하 포함하더라도 인간 건강에 위험을 초래할 수 있다고 제안합니다.

374Water는 1 메트릭 톤/일 (0.25 ~ 0.5 MGD WW 시설에 적합)에서 100 메트릭 톤/일 (20 ~ 40 MGD WW 시설용)까지 다양한 파괴 용량을 갖춘 AirSCWO 시스템을 개발하고 있습니다. 회사는 1.8억 달러 규모의 지방, 연방 및 산업 백로그와 파이프라인이 있으며, 이는 2025년 성장을 촉진할 것으로 기대됩니다.

374Water Inc. (NASDAQ:SCWO) a fourni une mise à jour commerciale suite à l'évaluation des risques préliminaire de l'EPA sur les produits chimiques PFAS dans les biosolides. L'évaluation de l'EPA met en évidence les risques associés aux boues appliquées sur le sol contaminées par le PFOA/PFOS, désignant SCWO comme une technologie clé de destruction.

La technologie AirSCWO de l'entreprise est présentée comme la seule solution à échelle commerciale, en flux continu, disponible pour la destruction des PFAS. L'EPA suggère que des boues contenant aussi peu que 1 ppb de PFAS, lorsqu'elles sont appliquées au sol, peuvent représenter des risques pour la santé humaine dépassant les seuils acceptables.

374Water développe des systèmes AirSCWO avec diverses capacités de destruction, allant de 1 tonne métrique/jour (adaptée aux installations de traitement des eaux usées de 0,25 à 0,5 MGD) jusqu'à 100 tonnes métriques/jour (pour des installations de 20 à 40 MGD). L'entreprise signale un retard et un pipeline municipal, fédéral et industriel de 1,8 milliard de dollars pour sa technologie de destruction des déchets organiques, prévue pour soutenir la croissance en 2025.

374Water Inc. (NASDAQ:SCWO) hat ein Geschäftsupdate nach dem Entwurf der EPA zur Risikobewertung von PFAS-Chemikalien in Klärschlamm bereitgestellt. Die Bewertung der EPA hebt die Risiken hervor, die mit landbasiertem Schlamm kontaminiert mit PFOA/PFOS verbunden sind, und benennt SCWO als Schlüsseltechnologie zur Zerstörung.

Die Technologie AirSCWO des Unternehmens positioniert sich als die einzige kommerzielle Lösung im kontinuierlichen Fluss für die Zerstörung von PFAS. Die EPA deutet an, dass Schlamm, der sogar nur 1 ppb PFAS enthält, bei der Landanwendung gesundheitliche Risiken über akzeptable Schwellenwerte hinaus darstellen könnte.

374Water entwickelt AirSCWO-Systeme mit verschiedenen Zerstörungskapazitäten, die von 1 metrischer Tonne/Tag (geeignet für WW-Anlagen mit 0.25 bis 0.5 MGD) bis zu 100 metrischen Tonnen/Tag (für WW-Anlagen mit 20 bis 40 MGD) reichen. Das Unternehmen berichtet von einem Auftragsbestand und einer Pipeline von 1.8 Milliarden Dollar für seine Technologie zur Zerstörung organischer Abfälle, die voraussichtlich das Wachstum im Jahr 2025 vorantreiben wird.

Positive
  • EPA recognition of SCWO as key PFAS destruction technology
  • $1.8 billion backlog and pipeline for organic waste destruction technology
  • Only commercial-scale, continuous flow solution available for PFAS destruction
  • Expanding product range from 1 to 100 metric tons/day capacity
Negative
  • Systems still in development phase, not yet commercialized

Insights

The EPA's draft risk assessment naming SCWO as a key PFAS destruction technology represents a pivotal market catalyst for 374Water. With traditional wastewater treatment methods proving ineffective against PFAS and the EPA suggesting risks from concentrations as low as 1 ppb, the regulatory landscape is shifting dramatically in favor of advanced destruction technologies. The $1.8 billion backlog indicates substantial market demand, while the EPA's explicit recognition of SCWO technology provides important regulatory validation.

The company's AirSCWO technology offers distinct advantages: it's the only commercial-scale continuous flow solution available, operates autothermally (reducing operational costs) and requires minimal footprint - critical factors for municipal and industrial adoption. The scalable capacity range from 1 to 100 metric tons/day strategically positions 374Water to serve facilities processing from 0.25 MGD to 40 MGD, effectively covering most municipal and industrial applications.

This EPA draft assessment could be a significant inflection point for 374Water's market penetration. The $1.8 billion backlog demonstrates strong existing demand, but the regulatory implications could substantially expand the addressable market. Three key factors support potential accelerated growth:

  • Regulatory pressure from EPA's findings regarding PFAS risks in land-applied sludge
  • First-mover advantage with the only commercial-scale continuous flow solution
  • Scalable technology serving both small and large treatment facilities

The on-site installation capability for industrial applications presents a compelling value proposition by reducing transportation costs and third-party dependencies. This positions 374Water to capture market share across multiple sectors simultaneously, particularly as regulatory scrutiny increases.

The convergence of regulatory tailwinds and 374Water's established technology creates a compelling growth narrative. The $1.8 billion backlog represents significant revenue potential relative to the company's $84.3 million market cap, suggesting possible undervaluation. The EPA's identification of PFAS risks at extremely low concentrations (1 ppb) and explicit naming of SCWO technology could accelerate municipal and industrial adoption rates.

The scalable business model, serving facilities from 0.25 to 40 MGD, enables diverse revenue streams across municipal, federal and industrial sectors. The autothermal operation and small footprint reduce implementation barriers, while the continuous flow capability provides operational advantages over batch processing alternatives. These factors position 374Water for potential market share expansion in 2025.

EPA Names SCWO as Key Destruction Technology in Draft Risk Assessment for PFAS in Sludge

Municipal, Federal and Industrial Backlog and Pipeline of $1.8 Billion for Organic Waste Destruction Technology to Drive Growth in 2025

DURHAM, NC / ACCESS Newswire / January 21, 2025 / 374Water Inc. (NASDAQ:SCWO) ("374Water") (the "Company"), a global leader in organic waste destruction technology for the municipal, federal, and industrial markets, today provided a business update following the release of a draft risk assessment by the U.S. Environmental Protection Agency (EPA).

The draft risk assessment is a scientific evaluation of the potential human health risks associated with the presence of toxic per- and polyfluoroalkyl substances (PFAS) chemicals in biosolids, also known as sewage sludge. The assessment highlights the possible risk for people posed by land-applied sludge contaminated with PFOA/PFOS.

"374Water is strongly positioned to capitalize on increased demand for PFAS destruction, due in part to the EPA's draft risk assessment," said Chris Gannon, CEO of 374Water. "We believe our AirSCWO solution is the only commercial-scale, continuous flow solution available on the market that can readily address the risks posed by PFAS as outlined in the assessment. We look forward to securing new business with customers at the municipal, federal, and industrial levels, leveraging our technology to eliminate these critical contaminants."

The EPA states that "Traditional wastewater treatment technology does not remove or destroy PFOA or PFOS, and these chemicals typically accumulate in the sewage sludge." Common sources of these chemicals include industrial products such as firefighting foam, leachates, and manufacturing wastes, as well as commercial and household sources such as car washes, waterproofing sprays, washing clothes, and other common products. Treatment facilities then receive this contaminated wastewater. Groundwater and drinking water are then contaminated when sludge from treatment facilities is disposed of on agricultural lands, a practice known as land applying.

The EPA suggests that sludge containing as low as 1 part per billion (ppb) of PFAS when land applied, may pose "human health risks exceeding the EPA's acceptable thresholds." While this draft document does not compel action, it recommends monitoring and careful consideration of alternative management techniques and innovative technologies. The EPA names SCWO as a specific "emerging PFAS destruction technology."

"While strong demand already exists in the municipal market, this draft assessment and the continued scrutiny by the EPA provide additional market tailwinds for 374Water's destruction technology," said Sunny Viswanathan, VP Municipal Sales at 374Water. "AirSCWO provides the solution to the PFAS problem."

This Assessment will inform the EPA's regulatory landscape under the Clean Water Act, with the goal of reducing risks to humans that occur through the management and disposal of sludge from water treatment plants and other sources.

374Water's proprietary AirSCWO technology provides a compelling solution that can transform residuals into distilled water, minerals, and recoverable heat while destroying contaminants of concern like PFAS. Additionally, SCWO can be operated autothermally, requires a small footprint, and can be easily integrated into existing treatment plant infrastructure. For industrial waste management, on-site installation of AirSCWO reduces hauling costs and reliance on contracts, giving manufacturers ownership and flexibility to their waste disposal practice.

374Water is developing AirSCWO Systems to meet the various destruction capacity needs of the Municipal, Federal and Industrial markets. The Company is currently focused on developing and eventually commercializing its various sizes of commercial systems, which range from 1 metric ton/day (0.25 to 0.5 MGD WW facility) up to 100 metric ton/day (20 to 40 MGD WW facility).

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 the benefits of our recent financing, our ability to execute on our strategic plan, our positioning in the market, our ability to process a range of waste and contaminants at scale, the timing and success of our DaaS offering, the timing of the deployment of our AirSCWO system in Orange County, our ability to execute on our backlog and pipeline, and our future prospects 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 "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 September 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.

Investor Relations and Media Contact

Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
SCWO@mzgroup.us
www.mzgroup.us

SOURCE: 374Water Inc.



View the original press release on ACCESS Newswire

FAQ

What is the current backlog value for 374Water (SCWO) as of January 2025?

374Water (SCWO) reported a backlog and pipeline of $1.8 billion for their organic waste destruction technology across municipal, federal, and industrial markets.

What capacity range will 374Water's AirSCWO systems handle?

374Water's AirSCWO systems will range from 1 metric ton/day (for 0.25 to 0.5 MGD WW facilities) up to 100 metric ton/day (for 20 to 40 MGD WW facilities).

How does the EPA's draft risk assessment impact 374Water (SCWO)?

The EPA's draft risk assessment names SCWO as a key destruction technology for PFAS in biosolids, potentially increasing demand for 374Water's AirSCWO technology.

What is the minimum PFAS concentration in sludge that the EPA considers risky?

According to the EPA's draft assessment, sludge containing as low as 1 part per billion (ppb) of PFAS when land applied may pose human health risks exceeding acceptable thresholds.

What are the main advantages of 374Water's AirSCWO technology for PFAS destruction?

AirSCWO technology can transform residuals into distilled water, minerals, and recoverable heat, operates autothermally, requires a small footprint, and can be easily integrated into existing treatment plant infrastructure.

374Water Inc.

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