Airjoule Technologies Corporation · NASDAQ:AIRJ
Airjoule Technologies — Q4 2025 Earnings Presentation
13 slides from Airjoule Technologies's earnings presentation, Mar 31, 2026
Slide 1: Q4 and FY 2025 Earnings Presentation
TM AirJoule Technologies Corporation (Nasdaq: AIRJ) Q4 and FY 2025 Earnings Presentation March 31, 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 | March 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: The Growing Urgency of Water Resilience
THE GROWING URGENCY OF WATER RESILIENCE CENTRALIZED WATER INFRASTRUCTURE IS VULNERABLE TO DISRUPTION Corpus Christi, Texas Middle East Corpus Christi water emergency may be In the Iran War, Water Could Decide the just two months away, city leaders say Middle East’s Fate • Lake Corpus Christi below 1
Slide 6: 2025 in Review
2025 IN REVIEW DELIVERED ON EVERY OBJECTIVE FROM OUR FY 2024 EARNINGS CALL Pillar What We Said What We Did Technology Validation Move from lab to field deployments • Deployed systems in TX, AZ, CA, Dubai ✓ Product Development Advance products toward commercial readiness • Utilizing AirJoule Core sys
Slide 7: 2025 Milestones at a Glance
2025 MILESTONES AT A GLANCE Operational Industry Academic Defense High-Value Deployments Recognition Validation Credibility Applications Continuous operation Leading data center Premier research Partnerships with ERDC Dehumidification and across TX, CA, AZ, and operators need partnership with ASU an
Slide 8: Product Portfolio
PRODUCT PORTFOLIO DISTINCT OFFERINGS MEETING THE NEEDS OF CUSTOMERS ACROSS KEY MARKET SEGMENTS AND REGIONS AirJoule Core AirJoule Prime Commercial Water Systems & Industrial Dehumidification Flagship Product Platform for Industrial and Mass Water • Manage up to 250L per day for small-to-medium appli
Slide 9: Customer Engagement Cycle
CUSTOMER ENGAGEMENT CYCLE DEFINED PATH FROM INITIAL EVALUATION TO COMMERCIAL DEPLOYMENT 1 2 3 4 Discovery & Proof of Commercial Deployment Evaluation Value Structuring & Scale • Assess product-market fit • Execute MOU or pilot • Define commercial model: • Multi-unit commercial against customer agree
Slide 10: 2026 Outlook
2026 OUTLOOK Product Launches Customer Deployments Manufacturing & Scale AirJoule Core Commercial Net Zero Innovation Hub Q4 2026 On Track Newark Production Operational Launch for Data Centers First commercial products following AirJoule system showcase Contactor coating and system certifications de
Slide 11: Financial Results
FINANCIAL RESULTS AirJoule Technologies (AIRJ) $ in millions Q4 2025 FY 2024 FY 2025 • Net operating expenses of $13.6 million in 2025 Operating expenses, gross $(4.0) $(13.9) $(15.9) • Includes $2.3 million in expense reduction from SOW expense reduction 0.7) 2.8) 2.3) AirJoule JV pursuant to State
Slide 12: Balance Sheet and Liquidity
BALANCE SHEET AND LIQUIDITY SUFFICIENTLY FUNDED THROUGH 2027 $21.8M + +$22.1M + $43.9M 12/31/2025 Cash Jan 2026 Post-Offering Cash (AIRJ) Equity Offering (net proceeds) (12/31/2025 Pro Forma) Key Financial Metrics Combined 2026 cash burn (AIRJ corporate + JV) ~$25M Cash runway Through 2027 2026 JV o
Slide 13: Investment Highlights
INVESTMENT HIGHLIGHTS TRANSFORMATIONAL TECHNOLOGY AirJoule Produces 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 | March 2026 Slide 13
AirJoule Technologies — Q4 2025 Earnings Presentation on 6ix