Airjoule Technologies Corporation · NASDAQ:AIRJ
Airjoule Technologies — Investor Presentation (January 2026)
21 slides from Airjoule Technologies's investor presentation, January 2026
Slide 1: AirJoule Technologies Corporation
AirJoule Technologies Corporation Nasdaq: AIRJ https://airjouletech.com January 2026
Slide 2: Disclaimers
DISCLAIMERS Forward Looking Statements The information in this presentation 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
Slide 3: Purpose and Vision: The Power of Water from Air
TM Purpose: THE POWER OF WATER FROM AIR Freeing the world of its water and energy constraints by delivering groundbreaking sorption technologies. Vision: AirJoule is the leading platform technology that unleashes the power of water from air.
Slide 4: AirJoule separates water from air with unprecedented efficiency
AirJoule separates water Dehumidified Air from air with unprecedented efficiency Ambient Air PFAS-free, Distilled Water Applications Target Industries Key Investors / Partners Water production Data centers Power generation Moisture recapture Manufacturing Dehumidification Military Cooling efficiency
Slide 5: AirJoule is capitalizing on macro tailwinds
AIRJOULE IS CAPITALIZING ON MACRO TAILWINDS Essential need to address water scarcity Onshoring of advanced Growing focus on energy manufacturing efficiency AI-driven data center Mandated phase-out of development high GWP refrigerants TM AirJoule Technologies | January 2026 Slide 5
Slide 6: Advancing strategic collaborations & field deployments
ADVANCING STRATEGIC COLLABORATIONS & FIELD DEPLOYMENTS ✓ Real-world operational validation through continuous operation in Texas, California, Arizona, and Dubai ✓ Industry recognition from leading data center operators in need of sustainable water solutions ✓ Academic validation from a premier resea
Slide 7: Strategic expansion into defense applications
STRATEGIC EXPANSION INTO DEFENSE APPLICATIONS U.S. Army Engineer Research & Development Center Collaboration with Defense Contractor for Anti-Corrosion • Executed a Cooperative Research & Development • Executed agreement with a U.S. defense contractor Agreement (CRADA) to integrate AirJoule to demon
Slide 8: Accelerating commercial development
ACCELERATING COMMERCIAL DEVELOPMENT GROWING DEMAND PIPELINE ACROSS INDUSTRY VERTICALS FOR AIRJOULE DEPLOYMENTS – SIGNING UP NOW Deployments structured as sales, leases, or Water Purchase Agreements Data Center Cooling Food & Beverage Semiconductors & Chemicals Residential Development Anti-Corrosion
Slide 9: Water Purchase Agreement
WATER PURCHASE AGREEMENT WPA EXPECTED TO PROVIDE STABLE, LONG-TERM REVENUE FOR AIRJ AND FINANCIAL FLEXIBILITY FOR CUSTOMERS WPA is analogous to Power Purchase Agreement • AirJoule owns, operates, and maintains the systems at partner sites (e.g. data centers, industrial facilities, power generation,
Slide 10: Strong focus on productization
STRONG FOCUS ON PRODUCTIZATION MAXIMIZE WATER OUTPUT ▪ Improving sorbent formulas and coating processes ▪ Optimizing adsorption and desorption cycles Reduce REDUCE SYSTEM overall system costs COSTS ▪ Identifying cost-effective components ▪ Locking in supply chain relationships ▪ Eliminate unnecessar
Slide 11: Market opportunities
MARKET OPPORTUNITIES AIRJOULE’S SUPERIOR PERFORMANCE UNLOCKS A VAST ARRAY OF MARKET OPPORTUNITIES (ESTIMATED AT $450 BILLION) Data Center Waste Heat & Distributed Water Cooling Generation ~$20 billion market ~$60 billion market Advanced Manufacturing Heating, Ventilation, and Air [placeholder] Condi
Slide 12: AirJoule performance vs competition
AIRJOULE PERFORMANCE VS COMPETITION AIRJOULE’S LEADING ENERGETICS RESULT IN GREATER CUSTOMER VALUE AND SHORT PAYBACK PERIODS $0.20 2,000 Moisture Removal Efficiency (watt-hour per liter) $0.18 1,800 Desiccant Wheel (Used to achieve ultra low humidity $0.16 for industrial applications) 1,600 Cost per
Slide 13: AirJoule platform supports differentiated products
AIRJOULE PLATFORM SUPPORTS DIFFERENTIATED PRODUCTS CORE TECHNOLOGY SUPPORTS ROBUST PIPELINE OF PRODUCTS WITH MINIMAL DESIGN DIFFERENCES A250TM A1000TM Water Generator Next Gen HVAC Systems Projects Underway Preparing for 2026 Projects Future Product Dehumidification and Water Waste Heat to Water “Ca
Slide 14: AirJoule A250 dehumidifier
AIRJOULE A250 DEHUMIDIFIER AirJoule A250 Incumbent Desiccant Incumbent Dehumidifier AirJoule A250 Dehumidification Prototype CFM 600 same Moisture removal 16 lbs/hr (~7LPH) same Outlet Air 85F, 30%RH 35% RH (In: 75F 50% RH) MRE (Wh/L) 2,100 Wh/L 400 Wh/L (including fans) Released as water Captured d
Slide 15: Rapid commercialization by leveraging partnerships
RAPID COMMERCIALIZATION BY LEVERAGING PARTNERSHIPS 2020 – 2023 2024 - 2025 2026 - 2028 Technology Development and Productization and Manufacturing Target Commercial Sales Partnerships Initial Field Deployments Commercial sales and WPA deployments of A250 and A1000 systems beginning in 2026 Develop l
Slide 16: Investment highlights
INVESTMENT HIGHLIGHTS TRANSFORMATIONAL TECHNOLOGY AirJoule uses Waste Heat to Produce Pure Distilled Water from Air LARGE ADDRESSABLE MARKET Water and Energy Efficiency GLOBAL PARTNERSHIPS IN PLACE ENERGETICS DRIVE CUSTOMER RETURNS Targeted Paybacks of Less than 4 Years TM AirJoule Technologies | Ja
Slide 17: AIRJ equity ownership
AIRJ EQUITY OWNERSHIP Strong insider alignment AIRJ Common Stock - 68.1m shares outstanding(1) • Approximately 47% insider ownership, underscoring management’s long-term commitment and confidence in AirJoule’s strategy High-quality strategic investors • GE Vernova (NYSE: GEV) and Carrier (NYSE: CARR
Slide 18: Waste heat recovery is an untapped resource
WASTE HEAT RECOVERY IS AN UNTAPPED RESOURCE AIRJOULE UTILIZES LOW-GRADE WASTE HEAT TO EXTRACT MOISTURE FROM AMBIENT AIR Massive amount of wasted heat in nearly every market vertical Energy Used ▪ Power generation and heavy industrial activities release large amounts of waste heat Energy Lost / Waste
Slide 19: AirJoule Technologies – Board of Directors
AIRJOULE TECHNOLOGIES – BOARD OF DIRECTORS ACCOMPLISHED BOARD WITH DIVERSE AREAS OF EXPERTISE Pat Eilers, Ajay Agrawal Max Baucus Matt Jore Executive Chairman Chief Business Development Officer Former US Senator & Founder & CEO Founder & Managing Partner Carrier Global Corporation Ambassador to Chin
Slide 20: AirJoule Technologies – Company Leadership
AIRJOULE TECHNOLOGIES – COMPANY LEADERSHIP EXPERIENCED TEAM WITH A STRONG TRACK RECORD Pat Eilers Matt Jore Stephen Chad Bryan Executive Founder & Pang MacDonald Barton Chairman CEO CFO CLO CCO • Founder & Managing • Over 30 years of • Over 20 years of capital • Over 15 years of ▪ Technology and Par
Slide 21: Financial results
FINANCIAL RESULTS AirJoule Technologies (AIRJ) $ in millions Q1 2025 Q2 2025 Q3 2025 • Net operating expenses of $3.0 million in Q3 Operating expenses, gross $(3.7) $(4.7) $(3.5) 2025 SOW expense reduction 0.5) 0.5) 0.5) • Includes $0.5 million in expense reduction from AirJoule JV pursuant to State
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