374Water Inc. - SCWO STOCK NEWS

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.

374Water Inc. (OTCQB: SCWO) will showcase its innovative AirSCWO™ technology at the upcoming IFAT Munich trade fair from May 30 to June 3, 2022. This technology targets sewage sludge and various industrial wastes, achieving over 99.9% elimination of solids and contaminants. The company aims to expand its footprint across the UK and Europe amidst rising environmental regulations concerning pollutants like PFAS. With existing operational units in the US, 374Water seeks to promote sustainable waste management solutions at the event, responding to global calls for enhanced waste treatment infrastructure.

374Water (OTCQB:SCWO) announced its participation in the Water Environment Federation's 2022 Conference in Columbus, Ohio, from May 24-27, showcasing its innovative AirSCWO™ systems for PFAS elimination. The conference emphasizes sustainability in residual and biosolids management, with 374Water featured in a technology spotlight on May 26. With growing concerns over PFAS contamination—affecting 98% of the U.S. population—374Water aims to address these challenges through supercritical water oxidation technology. This initiative aligns with increasing regulations and market demand for eco-friendly waste solutions.