374water

374Water has completed phase 2 of its mobile AirSCWO deployment in St. Cloud, Minnesota, and initiated phase 3. The deployment is part of a $600,000 service contract with the city and is carried out in partnership with Barr Engineering at the municipal Nutrient, Energy, and Water Recovery Facility. Phase 2 processed Class A biosolids at solid concentrations up to 12%; phase 3 will treat untreated sludge prior to anaerobic digestion. The company estimates annual revenue potential per AirSCWO unit at $500,000 to $1.5 million. » Más en de.investing.com

374Water has signed a letter of intent with Arcadis US to jointly pursue government and commercial contracts for the final disposal of AFFF and other PFAS‑contaminated wastes. Arcadis will act as prime contractor and provide regulatory expertise and market development, while 374Water will supply the AirSCWO technology, operations services and the Orlando site. A previous demonstration reportedly showed more than 99.9% destruction of PFAS, with results validated by Arcadis; the stock rose nearly 5% after the announcement. Both partners plan to expand regional hubs, and analysts expect substantial revenue increases for 374Water in 2026. » Más en de.investing.com

374Water has announced an operational expansion at the Iron Bridge water treatment facility in Orlando and adjusted its licensing agreement with the city. The plant will receive 88,000 gallons of tank storage for PFAS-contaminated and non-contaminated wastes, a modernization of the AirSCWO system, and will expand to 35,000 square feet with manufacturing and assembly areas. The company expects first-stage annual revenues of $3–5 million and is negotiating with partners to more than double capacity in coming years; analysts forecast strong revenue growth in 2026 but not yet profitability. » Más en de.investing.com