Strategic Partnership with Crystal Clean
374Water signed a waste destruction services term sheet with Crystal Clean, which is expected to generate significant revenue. The partnership involves hosting the AirSCWO system at Crystal Clean’s Ohio TSDF facility and includes a revenue-sharing model.
EPA Validation of Technology
The AirSCWO technology has been named by the EPA as an emerging PFAS destruction technology, reinforcing its efficacy and market potential.
Significant Federal Engagements
374Water was selected for a Department of Defense initiative for commercial-scale PFAS solutions, which is expected to unlock direct contracting opportunities with the federal government.
Operational and Financial Growth
Revenue increased to $543,000 in Q1 2025 from $315,000 in the prior year quarter, driven by a full-scale demonstration and increased services revenue.
Leadership and Board Strengthening
The company welcomed Raj Melkote as Chief Technology Officer, and Steve Jones joined the Board of Directors, enhancing the leadership team.