Business
ClearSign Technologies Corporation Provides Third Quarter 2021 Update
SEATTLE, Nov. 23, 2021 /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":"\n SEATTLE, Nov. 23, 2021 /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 third quarter ended September 30, 2021.\n\n \n \n \n \n \n \n\n \n\"We made progress in the commercialization of our products, including the recent receipt of a process burner order for a multi heater project,\" said Jim Deller, Ph.D., Chief Executive Officer of ClearSign. \"We fabricated and demonstrated our products in full scale installations and have received interest from our customers. As a result, we are seeing greater customer inquiries and proposal opportunities, and have developed a robust proposal pipeline in both our process burner and boiler burner technologies,\" concluded Dr. Deller.\n\n Recent strategic and operational highlights during and subsequent to the third quarter of 2021 include:\n\n \n Announced Multi Heater Project for Major National Refiner: The Company received a purchase order from a Fortune 500 national refiner in connection with the first phase of the project to retrofit two process heaters with eight ClearSign Core™ burners each to be installed in their Midwest refinery. \n\n \n Fabricated redesigned 2500hp water tube boiler burner in Tulsa and twin in China: The ClearSign Core™ water tube boiler burner has been redesigned and is now configured as a continuation of our fire tube boiler burner technology, and has been tested and proven to operate with results consistent with the fire tube size burners. One is ready to install in China and the Company is in process of negotiating arrangements for the demonstration and certification of that burner there. \n\n \n 500hp boiler burner demonstration and product launch at California Boiler: Following a successful demonstration, the ClearSign Core fire tube burner technology is operating and delivering sub 2.5ppm NOx, and is being offered for sale in retrofit or new boiler applications through ClearSign and partner California Boiler.\n\n \n Announced the hiring of Brent Hinds as VP and Controller: Mr. Hinds was appointed by the board of ClearSign as the Company's VP and controller in October. Mr. Hinds joined ClearSign from...