Proactive Investors
02 Jun 2026, 13:51 UTC · 3h ago
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374Water Inc has completed a key factory acceptance test for its AirSCWO system, enabling the next phase of deployment at one of California's largest wastewater treatment facilities. — Successful technical validation and progress toward deployment at a major site reduces technology risk and serves as a proof-of-concept for future sales.
+0.60The completion of the factory test unlocks the remaining $3 million in contract milestones tied to the Orange County Sanitation District project. — This provides a direct, near-term positive impact on the company's cash flow and revenue.
+0.40The AirSCWO system is designed to destroy PFAS, pharmaceuticals, and microplastics with a reported 99.99% PFAS destruction rate. — High efficacy in treating PFAS is a significant competitive advantage given increasing regulatory pressure on wastewater disposal.
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374Water targets a total addressable market of approximately 16,000 wastewater treatment facilities across the United States. — Defines the scale of the growth opportunity, though actual capture depends on the success of the current pilot.
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The company completed a key factory acceptance test, unlocked $3 million in milestones, and is moving toward deployment at a major facility.
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