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.
374Water has partnered with Forever Water Ecuador to implement the AirSCWO™ technology in Ecuador, addressing the urgent need for improved sanitation where 14% of the population lacks basic services. This joint initiative aims to provide sustainable waste management solutions in urban and rural areas, aligning with the United Nations' Sustainable Development Goal 6 on clean water and sanitation. The AirSCWO™ technology converts waste into recoverable resources like water and energy, promoting environmental health and economic growth in the region.
374Water (NASDAQ: SCWO) announced its participation in WEFTEC 2022, taking place from October 8-12 in New Orleans. The company will showcase its AirSCWO™ Technology, designed to effectively eliminate PFAS and other contaminants from wet wastes like sludges and biosolids. Doug Hatler, Chief Revenue Officer, emphasized the technology's emerging importance in addressing global PFAS contamination. The event is a significant platform for water and wastewater professionals to explore innovative solutions and technologies.
374Water Inc. (NASDAQ:SCWO) announced that CEO Kobe Nagar will participate in the Goldman Sachs Water Symposium on September 28, 2022, at 3:00 p.m. ET in New York. The symposium will focus on:
- The state of the US water and wastewater industry,
- Investment opportunities in water infrastructure and quality,
- The future of water and technology,
- Water within the ESG investment framework.
374Water's innovative AirSCWO technology transforms waste into recoverable resources while eliminating harmful pollutants, promoting a sustainable circular economy.
374Water Inc. (NASDAQ: SCWO) reported significant progress in its Q2 2022 business update. Revenue surged to $1.03 million, a remarkable 6,958% increase from $14,600 in Q2 2021. The company advanced the AirSCWO™ 6 system's development and began manufacturing its first commercial unit, expected for completion in Q4 2022. Additionally, 374Water established its first global subsidiary in Israel and entered a Memorandum of Understanding with Midway for wastewater management systems. Despite a net loss of $1.2 million, total cash and investments stood at $10.1 million as of June 30, 2022.
374Water Inc (Nasdaq:SCWO) announced the hiring of Sudhakar Viswanathan as Vice President of Sales to lead U.S. efforts for its innovative AirSCWO™ systems. With over 20 years of experience in water and waste management, Viswanathan's expertise is expected to accelerate growth in the wastewater sludges and biosolids markets. The AirSCWO™ technology offers a sustainable solution for waste treatment, converting waste into recoverable resources while reducing costs. 374Water aims to pioneer sustainable waste management, supporting environmental and governance goals.
374Water Inc. (NASDAQ:SCWO) will ring the Opening Bell at Nasdaq MarketSite on July 1, 2022, celebrating its listing milestone.
CEO Kobe Nagar will be joined by the team and strategic partners during the ceremony, emphasizing the company's commitment to environmental solutions. 374Water's technology, AirSCWO™, transforms waste into clean water, energy, and minerals, targeting pollutants like PFAS and microplastics. The event starts at 9:15 a.m. EST with the Opening Bell at 9:30 a.m. EST, highlighting 374Water’s mission in sustainable waste management.
374Water Inc. (NASDAQ:SCWO) has announced the appointment of four new independent directors to its Board of Directors: the Honorable BJ Penn, Rene Estes, Itzik Polad, and Jim Vanderhider. This strategic move aims to strengthen the company’s governance and enhance its mission in sustainable waste management. Notably, the new board members bring extensive experience across various sectors, including military, finance, and technology. CEO Kobe Nagar expressed pride in forming a diverse board that aligns with 374Water's sustainability goals.
374Water Inc. has officially uplisted to the Nasdaq Capital Market under the ticker SCWO effective June 14, 2022. This cleantech company offers innovative waste management solutions through its AirSCWO™ technology, which converts waste into valuable resources while addressing contaminants like PFAS and microplastics. The global waste management market is projected to grow at a 6.2% CAGR from 2022 to 2030, positioning 374Water to capitalize on increasing regulatory and consumer demand for sustainable waste solutions.
374Water Inc. (OTCQB:SCWO) announced it has received approval to list its common stock on The Nasdaq Capital Market, with trading expected to commence on June 14, 2022. CEO Kobe Nagar emphasized that the Nasdaq listing will enhance the company's visibility and trading liquidity, ultimately building long-term shareholder value. 374Water aims to revolutionize sustainable waste management, supporting a circular economy. The company is dedicated to preserving a clean environment through innovative solutions.
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