374Water Inc (NASDAQ:SCWO, FRA:8LL) has announced a series of leadership changes to its executive team and board of directors as the company seeks to accelerate the commercialization of its supercritical water oxidation technology. The Morrisville, North Carolina-based cleantech company said the moves are intended to enhance operating pace, advance key milestones and position the business for scalable commercial deployment beginning in 2026.
374Water Inc (NASDAQ:SCWO, FRA:8LL) announced that it has appointed Stephen McKnight to its board of directors, as the cleantech company continues to advance its corporate growth strategy. McKnight is a principal and co-founder of Pitt Southwest Investors, a private real estate and development firm established in 1989.
374Water Inc (NASDAQ:SCWO), a provider of organic waste destruction technology and services, on Thursday named its interim president and CEO Stephen Jones as chairperson of the board. The company also said Jones completed an open market purchase of 450,000 shares of 374Water common stock, with additional purchases by other members of management disclosed in SEC Form 4 filings.
| Health Care Equipment & Supplies Industry | Healthcare Sector | Stephen J. Jones CEO | XFRA Exchange | US88583P1049 ISIN |
| US Country | 27 Employees | - Last Dividend | 30 Jun 2006 Last Split | 26 Sep 1996 IPO Date |
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.
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.