374Water Targets 2026 AirSCWO Expansion with Orlando Hub and Mobile Demonstrations
374Water plans to scale AirSCWO waste destruction deployments in 2026, focusing on Orlando demonstration hub and new larger-scale systems for PFAS, biosolids and industrial waste markets. 2025 revenue fell from $0.4m to $0.2m, net loss widened to $21m on $18.8m operating expenses, leaving cash of $3.2m.
1. Growth Strategy for 2026
374Water will prioritize scaling its proprietary AirSCWO technology with targeted commercial deployments in 2026, developing a demonstration hub in Orlando and advancing designs for larger-scale systems to address PFAS destruction, biosolids management and industrial waste treatment.
2. 2025 Financial Results
The company reported 2025 revenue of $0.2 million, down from $0.4 million in 2024, while operating expenses rose to $18.8 million, resulting in a net loss of $21 million and ending cash and equivalents of $3.2 million.
3. Key Projects and Partnerships
During 2025, 374Water advanced PFAS destruction trials at a Department of Defense-backed facility in Detroit, conducted testing at Peterson Space Force Base, secured a supply agreement with the City of Olathe, Kansas, and launched a biosolids destruction campaign and services hub in Orlando.
4. Leadership and Operational Focus
Under CEO Danny Bogar, management has streamlined operations and sharpened focus on improving throughput, durability, automation and scalability while maintaining disciplined execution and targeted capital allocation to support growth initiatives.