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) is a global cleantech company specializing in sustainable waste management solutions. The company offers prefabricated treatment systems using supercritical water oxidation technology to convert organic waste into clean water within seconds. Notably, 374Water focuses on transforming wet wastes, including sewage sludge, food waste, and hazardous materials, into recoverable resources. Their innovative AirSCWO technology is instrumental in tackling environmental challenges like PFAS contamination. Through collaborations with organizations like the Department of Defense (DoD), 374Water is at the forefront of revolutionizing waste and wastewater treatment.
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374Water Inc. appoints Chris Gannon as the new CEO to lead the scaling of its innovative waste and water treatment technology. Gannon's extensive leadership background in environmental technology, industrial innovation, and customer service aligns with the company's growth strategy. The company aims to deploy its AirSCWO technology in major projects and partnerships, addressing global water and waste management challenges. Gannon's experience in scaling companies and capital markets is expected to drive revenue growth and technology advancement at 374Water.
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374Water Inc. (NASDAQ:SCWO) announces collaborations with DIU, Arcadis, and Clean Earth to advance PFAS remediation for defense sites and a new contract with the City of Orlando. Financially, the company reported a 75% decrease in revenue for the year ended December 31, 2023, along with increased operating expenses. Operational highlights include a new contract with Orlando and participation in environmental initiatives in Africa's Great Lakes region.
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374Water Inc. (NASDAQ:SCWO) signs a contract with the City of Orlando to deploy an AirSCWO 6 unit at the Iron Bridge Regional Water Reclamation Facility. The agreement aims to treat 400 metric tons of sludge monthly, showcasing the company's commitment to environmental impact and innovation.
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374Water (NASDAQ:SCWO) had a transformative year, marked by significant achievements and global recognition. The company showcased its revolutionary AirSCWO unit at SCWO Week and formed an exclusive partnership with The Environmental Group Limited for distribution in Australia and New Zealand. Additionally, 374Water's SCWO technology was recognized for its ability to treat PFAS and the company was included in the Russell 3000® and Russell Microcap® Indexes. The company also received a recommendation for funding from the Legislative-Citizen Commission on Minnesota Resources and was recognized in the UpLink, World Economic Forum's 'Yes San Francisco, Urban Sustainability Challenge' as one of the top innovators. The executive team expanded with the appointment of a new Chief Operating Officer and the resignation of the current Chief Financial Officer, who has been replaced by Adrienne Anderson, CPA.
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374Water (NASDAQ:SCWO) to Lead Groundbreaking Environmental Initiative with Department of Defense
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374Water Inc. (NASDAQ:SCWO) provides a business update, delays commercial unit delivery to Orange County Sanitation District to early 2024, reports 61% decrease in revenue for the nine-month period ended September 30, 2023, announces Brad Meyers as Chief Operating Officer and increases total operating expenses. The company's working capital increased to $16,278,000 as of September 30, 2023.
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374Water Inc. emerges as standout cleantech company at WEFTEC conference
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374Water project receives funding approval for PFAS destruction study in Minnesota
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374Water Inc. (Nasdaq:SCWO) to participate in investor conferences in September.
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Yaacov Nagar transitions from CEO to Chairman of the Board as 374Water focuses on technology deployment and customer delivery. Jeff Quick appointed interim CEO. Strategic realignment may lead to enhanced technology and growth.
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FAQ
What is the current stock price of 374Water (SCWO)?
The current stock price of 374Water (SCWO) is $0.7452 as of December 20, 2024.
What is the market cap of 374Water (SCWO)?
The market cap of 374Water (SCWO) is approximately 104.2M.
What is the core business of 374Water Inc.?
374Water Inc. specializes in sustainable waste management solutions using supercritical water oxidation technology.
What sets 374Water apart from other companies?
374Water focuses on converting organic waste into clean water, recovering energy and nutrients in seconds.
How does 374Water address environmental challenges like PFAS contamination?
Through innovative technologies like AirSCWO, 374Water collaborates with organizations like the DoD to revolutionize waste and wastewater treatment.
What recent achievements have 374Water showcased?
374Water recently signed a contract with the City of Orlando and participated in groundbreaking environmental initiatives led by the DoD.
374Water Inc.
Nasdaq:SCWO
SCWO Rankings
SCWO Stock Data
104.18M
72.77M
51.14%
13.6%
2.9%
Pollution & Treatment Controls
Motors & Generators
United States of America
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