Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 114

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 114
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uring

In the fourth quarter of 2024, we achieved breakthrough
levels of efficiency by integrating low-grade waste heat into our fifth generation AirJoule prototype, reducing the energy requirement
down to 155 Wh/L. We are now developing our 1,000 liter per day preproduction unit, which we expect to be ready for customer
demonstrations in 2025. These units are being manufactured by our AirJoule JV in Newark, Delaware.

We expect to commence sales of our first commercial
AirJoule units in 2026, and we anticipate that our international partnerships, including our joint venture with GE Vernova, will enable
us to transition to mass production quickly and efficiently. We also believe these partnerships will help in the validation and commercialization
of our products.

Research and Development

Our management team knows the ability to grow
and maintain a leading position in our industries depends on our continuing investment in research and development activities. The goals
of our research and development efforts include continuing to optimize our AirJoule systems and corresponding technology and protecting
and developing our intellectual property rights in our product and technology. Through a statement of work with GE Vernova, the AirJoule
JV is supported by a number of full time employee equivalent engineers and scientists at the GE Vernova Advanced Research Center who are
focused on technology advancement and product support, with specific expertise in sorbent and coating development, systems and process
engineering, advanced component and system modeling, and component development.

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Intellectual Property

As of December 31, 2024 our technology is
supported by two master patent PCT applications in the U.S., and we have applications pending in all foreign countries that we believe
to be relevant markets for our AirJoule units. Our patent applications cover various technologies and components, including latent energy
and water harvesting systems (effective October 1, 2021), evaporative cooling and water recapture systems, evaporative heat pump
systems, water heating systems, low relative humidity drying systems, pre- and mid-cool integration coils, advanced vacuum pump systems,
isothermal condenser design, gate and seal systems and methods, HVAC systems with AirJoule integration and microchannel harvesters and
contactors. As part of the joint venture agreement with GE Vernova, GE Vernova contributed intellectual property related to MOF-coating
technology and processes. We are also pursuing additional patent applications relating to recent technology