?? Reflecting on 2024 & Looking Ahead to 2025 at 374Water ??
This year was transformative for #374Water, as we advanced our goal to revolutionize #wastewater and #waste management with our cutting-edge #AirSCWO (AS) technology. As we move into 2025, we're excited to build on our momentum and deliver meaningful results for our customers, partners, and shareholders.
Key 2024 Accomplishments
? Commercial Milestones
- Deployed the first commercial-scale AS system to Orlando, FL, fully operational and processing municipal sludge.
- Expanded municipal, federal, and industrial opportunities to a $1.8 billion pipeline.
? Technology & Manufacturing
- Optimized AS technology to process a wide range of waste, including biosolids, PFAS, and pharmaceuticals.
- Announced four scalable AS models to meet diverse market needs.
- Relocated to a larger lab and manufacturing facility to support growth.
? Organizational Growth
- Strengthened leadership team with key hires, including a new CEO, CFO, CAO and General Counsel.
- Raised $12.2M in operational capital to accelerate commercialization and scale operations.
2025 Priorities
?? Commercial Expansion
- Launch AS Destruction-as-a-Service (DaaS) with initial operations expected to generate $3M–$5M annually.
- Begin delivering systems and converting pipeline to revenue.
?? Strategic Growth
- Establish partnerships, joint ventures, and an advisory board to drive market adoption.
- Expand global presence and enter new markets.
?? Innovation & Operations
- Manufacture and deploy multiple AS systems, including AS1, AS6, and AS30 models.
- Enhance logistics for waste transportation and destruction.
?? Leadership & Scaling
- Hire a Chief Technology Officer and expand engineering and manufacturing teams.
- Build a robust national network for AS DaaS operations.
We’re ready to make 2025 a year of growth, impact, and progress. Thank you for your continued support as we work toward a cleaner, sustainable future! ??
#374Water #Cleantech #Innovation #WasteManagement #PFASDestruction $SCWO
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