AirJoule Technologies Corporation · NASDAQ:AIRJ
AirJoule Technologies — Q2 2024 Earnings Presentation
8 slides from AirJoule Technologies's earnings presentation, August 2024
Slide 1: Q2 2024 Earnings Presentation
Q2 2024 EARNINGS PRESENTATION
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: Earnings Call Presenters
EARNINGS CALL PRESENTERS Bryan Barton Matt Jore Pat Eilers Stephen Pang Chief Founder & CEO Executive Chairman CFO Commercialization Officer ▪ Over 30 years of experience ▪ Founder & Managing Partner ▪ Over 20 years of capital ▪ Technology and innovation successfully founding and of Transition Equit
Slide 4: Q2 2024 and Recent Highlights
Q2 2024 AND RECENT HIGHLIGHTS ▪ Announced agreements to collaborate on AirJoule® deployment in the UAE and Australia ▪ Advancing towards commercialization for AirJoule® applications in dehumidification and atmospheric water generation ▪ New operations facility in Newark, DE for AirJoule® product eng
Slide 5: AirJoule Technology Has Multiple Use Cases
AIRJOULE TECHNOLOGY HAS MULTIPLE USE CASES TRANSFORMATIONAL MOISTURE REMOVAL EFFICIENCY UNLOCKS ARRAY OF SOLUTIONS Humid Air Distilled, PFAS-Free Water Dehumidified Air Water Production Dehumidification Atmospheric Water Water Recycling HVAC Moisture Removal Generation Produces up to 1,000 Recovers
Slide 6: Commercial Update: Global Agreements
COMMERCIAL UPDATE: GLOBAL AGREEMENTS United Arab Emirates: TenX Investment in Energy Enterprises & Management Co. LLC (“TenX”) ▪ Signed Memorandum of Understanding ▪ TenX provides sustainable water and energy solutions to customers in the UAE ▪ Montana Technologies and TenX will explore the deployme
Slide 7: Q2 2024 Financial Results
Q2 2024 FINANCIAL RESULTS • Operating expenses increased from $1.7 $ in millions Q1 20241 Q2 2024 million in Q1 to $4.3 million in Q2, Operating expenses $(1.7) $(4.3) driven primarily by increased G&A and R&D DeSPAC transaction expenses (54.7) - • Q1 restatement items: Operating profit / (loss) $(5
Slide 8: Investment Highlights
INVESTMENT HIGHLIGHTS TRANSFORMATIONAL TECHNOLOGY: AirJoule Low Cost of Energy and Water ~$450 BILLION ADDRESSABLE MARKET: Air Conditioning and Air to Water GLOBAL PARTNERSHIPS IN PLACE: CAPITAL EFFICIENT BUSINESS MODEL: Key Components “AirJoule Inside” Montana Technologies | August 2024 Slide 8
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