RONAN, Mont., Oct. 09, 2025 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or the “Company”), a leading technology platform that unleashes the power of water from air, congratulates Susumu Kitagawa, Richard Robson, and Omar Yaghi on their receipt of the 2025 Nobel Prize in Chemistry for developing metal-organic frameworks ("MOFs"). This prestigious recognition underscores the transformative potential of MOF technology and validates the Company's mission to bring these groundbreaking materials to commercial scale.
Metal-organic frameworks are crystalline materials with nanoscale pores capable of capturing, storing, and releasing molecules with exceptional selectivity. Since their discovery, MOFs have shown vast potential across applications including water harvesting, carbon capture, gas storage, and chemical separations. Their ability to perform complex molecular tasks with precision places them at the center of next-generation sustainability technologies.
Despite their extraordinary promise, MOF technology has faced significant barriers to commercialization. The high manufacturing costs of MOF materials, combined with challenges in scaling production processes and integrating MOFs into practical systems, have limited their real-world deployment. For decades, MOF technology remained largely confined to research laboratories and small-scale applications.
AirJoule Technologies has addressed this commercialization challenge through strategic innovation and partnerships. Working closely with BASF, a global leader in chemical manufacturing, AirJoule Technologies has substantially reduced the production cost of promising MOF materials at scale, making the technology economically viable for widespread deployment. The Company's proprietary AirJoule™ platform combines these cost-effective MOFs with a dual vacuum chamber design to efficiently extract pure distilled water directly from the atmosphere and provide a sustainable solution to water scarcity challenges around the world.
"This Nobel Prize recognition is a well-deserved validation of MOF technology and opens the door to applications that will help solve some of the world’s most pressing needs such as water security and energy-efficient air conditioning," said Dr. Pete McGrail, co-inventor of the AirJoule™ platform. "What makes this moment particularly significant is that we're no longer limited to laboratory demonstrations. By solving the cost and scalability challenges that have historically hindered MOF commercialization, we're now deploying this technology through the AirJoule™ platform in real-world applications that can positively impact millions of people.”
AirJoule Technologies is leading the commercialization of MOFs through its joint venture with GE Vernova, with the harvesting of water from air serving as the initial high-impact application. The Company’s near-term target markets include industrial scale users of water, including data centers and manufacturing operations, along with the US military. AirJoule™ systems are currently operating in Texas and the United Arab Emirates, with additional deployments planned for Q4 2025 and early 2026.
"The recognition of MOF research by the Nobel Committee for Chemistry reflects the scientific community's confidence in this technology's future impact to the world," said Dr. David Moore, Executive Manager at the GE Vernova Advanced Research Center. "GE Vernova’s collaboration with Professor Omar Yaghi as part of the DARPA AIR2WATER program was rooted in advancing his pioneering MOF research for atmospheric water extraction, and it was instrumental in spawning our joint venture with AirJoule Technologies. Today, through our joint venture with AirJoule Technologies, we are commercializing these breakthrough MOF materials at scale in practical, deployable systems that address real-world challenges in water scarcity and resource sustainability. This moment validates not only the fundamental science but also the commercial viability of MOF technology that we've worked together to achieve."
About AirJoule Technologies Corporation
AirJoule Technologies Corporation (NASDAQ: AIRJ) is a leading technology platform that unleashes the power of water from air. Through its joint venture with GE Vernova and in partnership with Carrier Global Corporation, the Company’s purpose is freeing the world of its water and energy constraints by delivering groundbreaking sorption technologies. For more information, visit https://airjouletech.com.
Forward-Looking Statements
The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding AirJoule Technologies and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, including any oral statements made in connection therewith, the words “could,” “may,” “will,” “should,” “anticipate,” “believe,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, AirJoule Technologies expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release.
AirJoule Technologies cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond AirJoule Technologies’ control. These risks include, but are not limited to, our status as an early stage Company with limited operating history, which may make it difficult to evaluate the prospects for our future viability; our initial dependence on revenue generated from a single product; significant barriers we face to deploy our technology; the dependence of our commercialization strategy on our relationships with BASF, Carrier, GE Vernova, and other third parties history of losses, and the other risks and uncertainties described in our SEC filings including the “Risk Factors” section of our most recent Annual Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. AirJoule Technologies’ SEC Filings are available publicly on the SEC’s website at www.sec.gov, and readers are urged to carefully review and consider the various disclosures made in such filings.
Contact
Investor Relations & Media:
Tom Divine – Vice President, Investor Relations and Finance
investors@airjouletech.com
