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ClearSign Technologies Corporation Provides Second Quarter 2022 Update
TULSA, Okla., Sept. 1, 2022 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial
About this update from Clearsign Technologies Corporation
[{"type":"text","content":"TULSA, Okla., Sept. 1, 2022 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) (\"ClearSign\" or the \"Company\"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, today provides an update on operations for the second quarter ended June 30, 2022.\n\n \n \n \n \n \n \n\n \n\"We have made significant headway this quarter in both major product lines, including sales development and advancing our technology,\" said Jim Deller, Ph.D., Chief Executive Officer of ClearSign. \"Progress on existing projects has been good, with the timeline of our largest project accelerating and a significant follow on order received; we have greatly increased proposal and sales activity and expect to make further announcements soon; and finally we have approval to return to China in person and look forward to continuing our development there.\"\nRecent strategic and operational highlights during and subsequent to the second quarter of 2022 include:\nReceived Follow On Purchase Order for California Refinery Multi Heater Project: The order is to proceed with the next phase in the previously announced twenty burner project for a California refinery and is for the purchase of four burners for testing, the multi burner test and other ancillary items. The timing and scope of this order is due to the acceleration of the project timeline. The engineering and computer modelling for this project has been completed and the remaining timeline for this project has been accelerated. The Company expects an additional purchase order for the manufacture and supply of the remaining sixteen burners during the fourth quarter of this year. \nAnnounced an Enclosed Oxidizer Sale to Canada Based Hydrogen Technology Production Company: The company closed a sale of a ClearSign Core™ enclosed oxidizer for installation in a pilot scale hydrogen production plant. The Canadian customer is developing a breakthrough technology for the production of clean hydrogen.\nAnnounced the Appointment of Energy Industry Veteran Gary DiElsi to the Board of Directors: Mr. DiElsi is a seasoned energy executive with a broad background of over 40 years of experience from private equity, major global enterprises, smaller industrial companies, and startup ventures, including ...