Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 106

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 106
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 will be manufactured. We expect this facility to support our coated contactor requirements
into 2026. As our manufacturing output increases, we may choose to build a high volume manufacturing line for coated contactors or partner
with industry leading suppliers. We expect that Carrier will procure many of the other key AirJoule system components from its existing
suppliers, who may manufacture and sell these proprietary components pursuant to a licensing agreement.

Our Partners

We intend to elevate and grow our international
partnerships to rapidly and sustainably deploy AirJoule systems worldwide as a key solution to address global warming and water scarcity.
We are collaborating with experienced strategic partners such as PNNL, BASF (an international chemical producer) and CATL US (an international
lithium-ion electric vehicle battery manufacturer), Carrier (a global provider of HVAC technology and equipment), and GE Vernova (a global
provider of advanced technologies and service for renewable energy, power generation, grid solutions, and decarbonization). All of our
strategic partners are committed to the continued development, commercialization, and distribution of AirJoule units. We anticipate that
these partnerships will enable us to rapidly scale to mass production, using a capital-efficient business model.

PNNL License.PNNL
scientists originally conceived of and patented the concept for a self-regenerating dehumidifier. In the first quarter of 2021, we obtained
an exclusive worldwide license from PNNL with respect to the self-regenerating dehumidifier technology. Since then, we have added our
own significant advancements to the technology, and we hold independent intellectual property relating to, among other things, heating,
cooling and low-cost harvesting of potentially potable water from the air. See “— Intellectual Property.”

BASF Commercial Agreements.According
to Chemical & Engineering News’ 2024 list of the top 50 global companies, BASF was the world’s largest chemical
producer in 2023 based on sales. We are party to a joint development agreement, dated as of September 27, 2022, with BASF for the
production of engineered super-porous MOF materials to our specifications that are applied as a coating to AirJoule contactors to perform
the energy and water-harvesting function (the “Joint Development Agreement”). In 2024, BASF produced our proprietary
MOF for our prototypes as part of pilot production, and we believe BASF is positioned to scale its production for mass