374Water Inc. (SCWO)
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374Water targets strong 2026 growth on PFAS waste destruction momentum
374Water Inc (NASDAQ:SCWO) said on Wednesday it expects revenue to rise to between $6 million and $8 million in 2026 as the company accelerates commercialization of its Super Critical Water Oxidation (SCWO) technology and expands partnerships across North America. The company, a developer of sustainable waste destruction systems, reported third-quarter revenue of $760,000, up sharply from $81,000 a year earlier, driven by new service contracts and growing demand for PFAS waste treatment.
374Water kicks off contract with State of North Carolina for AFFF destruction services
374Water Inc (NASDAQ:SCWO) announced that it is processing the first phase of its award by the State of North Carolina for its Waste Destruction Services (WDS) to destroy Aqueous Film-Forming Foam (AFFF) utilizing its AirSCWO technology. The provider of organic waste destruction technology and services said it will provide WDS to the University of North Carolina at Chapel Hill Collaboratory, with the first phase involving the treatment of 1,000 gallons of AFFF.
374Water targets waste market with AirSCWO tech – ICYMI
374Water Inc (NASDAQ:SCWO) Interim CEO Steve Jones talked with Proactive about the company's progress using its AirSCWO technology to destroy PFAS and other complex waste streams. Jones, who joined as interim CEO after serving on the board since April, brings experience from his time at Air Products & Chemicals and Covanta.
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374Water Inc. Profile
| - Industry | - Sector | Stephen J. Jones CEO | NASDAQ (CM) Exchange | 88583P104 CUSIP |
| US Country | 27 Employees | - Last Dividend | 30 Jun 2006 Last Split | 26 Sep 1996 IPO Date |
Overview
374Water Inc. is a pioneering company based in Durham, North Carolina, focusing on advancing waste treatment technologies. The company is at the forefront of addressing the critical issue of waste management by transforming wet wastes into recoverable resources. These wet wastes encompass a wide range, including sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals. Through its innovative solutions, 374Water Inc. is making strides in minimizing environmental impact and promoting sustainability in waste processing across various industries in the United States.
Products and Services
- AirSCWO Systems
The flagship offering of 374Water Inc. is its AirSCWO Systems, which stand as a testament to the company's innovative approach to waste management. These systems are based on the supercritical water oxidation (SCWO) technology, a pioneering method that uses the unique properties of water at supercritical conditions to oxidize organic materials in wet wastes. This process not only effectively destroys hazardous and non-hazardous materials but also converts them into recoverable resources. The AirSCWO systems are designed to tackle a wide array of waste streams, rendering them a versatile solution for industries grappling with the challenges of managing complex and varied wastes. The technology serves a broad market spectrum, including the agricultural sector, defense industry, food and beverage industry, oil and gas sector, chemical and pharmaceutical entities, waste management and remediation services, and municipal waste management. The adaptability and efficiency of the AirSCWO systems underscore 374Water Inc.'s commitment to innovative, environmentally friendly waste treatment solutions.
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