Airjoule Technologies Corporation · NASDAQ:AIRJ
Airjoule Technologies — Q1 2026 Earnings Presentation
14 slides from Airjoule Technologies's earnings presentation, May 15, 2026
Slide 1: AirJoule Technologies Q1 2026 Earnings Presentation
TM AirJoule Technologies Corporation (Nasdaq: AIRJ) Q1 2026 Earnings Presentation May 15, 2026 https://airjouletech.com
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: Presenters
PRESENTERS Matt Jore Pat Eilers Founder & Chief Executive Executive Chairman Officer Bryan Barton Stephen Pang Chief Commercialization Chief Financial Officer Officer AirJoule Technologies | May 2026 Slide 3
Slide 4: Purpose and Vision
Purpose: 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 5: Water Resilience Tailwinds Have Accelerated
WATER RESILIENCE TAILWINDS HAVE ACCELERATED HYPERSCALER PROJECT CANCELLATIONS, INVESTOR PRESSURE, AND STATE LEGISLATION POINT TO A WIDENING WATER GAP Hyperscaler Pressure & State Legislation Industry Water Sustainability and AirJoule’s Role Texas Data Center Developers Play Local Opposition to Data
Slide 6: Q1 2026 Milestones at a Glance
Q1 2026 MILESTONES AT A GLANCE DISCIPLINED EXECUTION TOWARDS 2026 OBJECTIVES Core Performance Prime Build Dehumidification Certification Industry Recognition Core performance improving First full-scale system built and Up to ~40% energy savings vs. UL & NSF preliminary technical Cleantech Breakthrou
Slide 7: Product Portfolio
PRODUCT PORTFOLIO DISTINCT OFFERINGS MEETING THE NEEDS OF CUSTOMERS ACROSS KEY MARKET SEGMENTS AND REGIONS AirJoule Core AWG / DH AirJoule Prime Commercial Water Systems & Industrial Dehumidification Flagship Product Platform for Industrial and Mass Water • Manage up to 250L per day for small-to-med
Slide 8: AirJoule Core - Dehumidification
AIRJOULE CORE - DEHUMIDIFICATION UP TO ~40% ENERGY SAVINGS VS. CONVENTIONAL DESICCANT WHEELS Electrical Energy Demand 1,000 Energy savings expected to widen as AirJoule prepares for product launch 800 651 at target Energy savings vs. conventional desiccant wheels operating ranges 600 MWh / yr Major
Slide 9: AirJoule Prime - First Full Scale Build Complete
AIRJOULE PRIME – FIRST FULL SCALE BUILD COMPLETE 16-CHAMBER UNIT BUILT AND OPERATIONAL AT NEWARK; EUROPEAN DEPLOYMENT VIA NET ZERO INNOVATION HUB PLANNED Build & Deployment Plan Mechanical Build Complete Pics of Prime build First full-scale 16-chamber Prime built; system operational at Newark facili
Slide 10: AirJoule Prime: Easing Pressure on Local Water Resources
AIRJOULE PRIME: EASING PRESSURE ON LOCAL WATER RESOURCES DATA CENTERS FACE INCREASING SCRUTINY OVER WATER USAGE Reduces external water requirements & eases permitting process 100MW Data Center Generates $3M - $5M per day revenue AirJoule capex can be recovered in days of avoided permit delay Minimal
Slide 11: 2026 Outlook
2026 OUTLOOK Product Launches Customer Deployments Manufacturing & Scale AirJoule Core AWG Net Zero Innovation Hub Q4 2026 On Track Newark Production Operational Commercial Launch for Data Centers First commercial products following AirJoule system showcase Contactor coating and system certification
Slide 12: Financial Results
FINANCIAL RESULTS AirJoule Technologies (AIRJ) $ in millions Q1 2026 • Net operating expenses of $3.6 million in Q1 2026 Operating expenses, gross $(4.4) • Includes $0.8 million in expense reduction from SOW expense reduction 0.8) AirJoule JV pursuant to Statement of Work reimbursement Operating los
Slide 13: Balance Sheet and Liquidity
BALANCE SHEET AND LIQUIDITY SUFFICIENTLY FUNDED THROUGH 2027 $31.1M + $3.9M = $35.0M AIRJ Corporate Cash (3/31/26) AirJoule JV Cash (3/31/26) Combined Cash Position (3/31/26) Key Financial Metrics Combined 2026 cash burn (AIRJ corporate + JV) ~$25M Cash runway Through 2027 2026 JV operating budget ~
Slide 14: 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 AirJoule Technologies | May 2
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