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ClearSign Technologies Corporation Provides Second Quarter 2023 Update
TULSA, Okla., Aug. 31, 2023 /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., Aug. 31, 2023 /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, 2023.\n\n \n \n \n \n \n \n\n \n\"Our order flow increased in the second quarter, both in process burners and our boiler burner line,\" said Jim Deller, Ph.D., Chief Executive Officer of ClearSign. \"The execution of these initial sales, for both boiler burners and process burners, will set the stage for our future growth. Getting these installations in the field will give us a larger installed base and reference list going forward. Additionally, the processing and execution of these commercial orders allows us to fine tune our processes with suppliers and collaborative partners in order to be prepared for future larger scale product deployments. We are very encouraged by the engagement we are receiving in the industry regarding our technologies and we believe that our recently announced Phase 2 government grant award through the Small Business Innovative Research (SBIR) program with the Department of Energy (DOE), which provides direct support for the engineering and commercialization of our 100% hydrogen burner products, will further enhance our visibility in the industry,\" concluded Dr. Deller.\nRecent strategic and operational highlights during and subsequent to the end of the second quarter 2023 include:\nCompleted Successful Phase 1 Testing of Ultra-Low NOx 100% Hydrogen Burner and Awarded Phase 2 SBIR Grant for $1.65M: With this completion of the Phase 1 work, the Company submitted a follow-up proposal with testing data and documented industry support to continue the development work with a Phase 2 grant. Subsequently, the Company was awarded a Phase 2 government grant through the SBIR program with the DOE to further the development and commercialization of a ClearSign Core™ Ultra Low NOx burner fueled with 100% hydrogen.\nReceived Engineering Order and Follow on order for Two Multi Burner Heaters from a California Refinery: The order is for two separate heaters and for a total of 13 burners. This is from an early customer who has ongoing experience with the...