Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 115

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 115
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 developments, and we expect
to continue to pursue further patent applications as the development and optimization of the AirJoule units continues.

We rely on non-disclosure agreements with employees,
independent contractors, customers, and other third parties to protect our intellectual property and proprietary rights. Circumstances
outside our control could pose a threat to our intellectual property rights. For more information, see “Risk Factors — Risks Related to Intellectual Property — Our patent applications may not result in issued patents, and our issued patents may not provide adequate protection, which may have a material adverse effect on our ability to prevent others from commercially exploiting products similar to ours.”

Competition

Atmospheric Water Harvesting

Harvesting water from air, which is often referred
to as atmospheric water harvesting, is an emerging sector focused on extracting water from ambient air to address the growing global demand
for sustainable water solutions. The current market for systems that harvest water from air is highly fragmented, with most competitors
offering products that rely on condensation-based methods, using energy and refrigerants to cool air below its dew point and collect the
resulting water droplets. Other products incorporate desiccant materials that absorb humidity from the air, then release it as liquid
water when heated. The primary drawback from these existing technologies is that they require significant amounts energy to operate, which
negatively impacts cost-efficiency.

We believe that AirJoule, with its transformational
technology and unprecedented efficiency for harvesting water vapor, provides superior energetics compared to incumbent technologies and
positions us to capture a meaningful amount of the growth in this evolving sector.

Dehumidification

Several established players have a significant
presence in the industrial dehumidification market, leveraging extensive experience, broad product portfolios, and strong global distribution
networks. Our AirJoule technology produces dehumidified air at a fraction of the energy required for conventional desiccant-based systems,
which can yield significant operating expense savings for customers that require dehumidified air in their operations.

HVAC

The production and sale of HVAC equipment is highly
competitive. HVAC manufacturers primarily compete on the basis of price, depth of product line, product efficiency and reliability, product
availability and warranty coverage. The largest companies in the HVAC market include Carrier, Trane Technologies plc, Lennox International,
Inc., Mitsubishi Electric Corporation and Rheem Manufacturing Company, among others. A number of factors affect competition in the HVAC
market, including the development and application of new technologies and an