AirJoule Technologies posts transcript of Q2 2026 earnings call
AIRJ•Quarterly results and cash position
Q2 net loss was $8.5 million on $4.1 million net operating expenses.
The company ended the quarter with $41.4 million in cash and guided full-year cash spend to $27 million to $28 million.
Prime system commissioning and shipment plans
The first full-scale Prime system was commissioned in May in Newark, Delaware, and is tracking toward up to 2,000 liters per day.
The first unit is scheduled to ship to Europe this quarter.
Q2 earnings call participants and commercial update
AirJoule Technologies’ Q2 2026 earnings call drew CEO Matt Jore, Executive Chairman Pat Eilers, Chief Commercialization Officer Bryan Barton, and CFO Stephen Pang.
Exclusive sales agreement with Kubota targets multi-home residential developments in Texas and California, using centralized water generation and recycling.
Two Core systems with Kubota are set to start later this quarter near Corpus Christi, Texas, and Irvine, California, to showcase deployments to developers.
