Power & Digital Infrastructure Acquisition II Corp. (XPDB) Announces Closing of Business Combination with Montana Technologies LLC

Total Capital Commitments Exceeded $50 Million Target Minimum Cash Condition, Led by Carrier, GE Vernova and Rice Investment Group, Providing All Funding Required to Commercialize AirJoule® Combination to Fuel Launch of Recently Announced Joint Venture Between GE Vernova and Montana Technologies to Commercialize AirJoule® Technology for Atmospheric Water Generation and Carrier Air Conditioning Products Montana Technologies Corporation Will Commence Trading on NASDAQ Under the […]

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GE Vernova and Montana Technologies Close Joint Venture to Manufacture Transformational Air Conditioning and Atmospheric Water Harvesting Products

The 50/50 Joint Venture, Named AirJoule, LLC, Will Exclusively Manufacture and Supply Air Conditioning and Atmospheric Water Harvesting Products in the Americas, Africa, and Australia AirJoule Will Combine GE Vernova’s Proprietary Sorbent Materials and Coating Process with Montana’s Patented Process and System into Various Air Conditioning Components and Water Harvesting Products, Building on Strategic Partnerships with BASF, CATL, Carrier, US Department of Energy, and […]

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Power & Digital Infrastructure Acquisition II Corp. (XPDB) and Montana Technologies Exceed $50 Million in Private Capital Commitments

Fuels Launch of Recently Announced Joint Venture Between GE Vernova and Montana Technologies to Commercialize the AirJoule® Technology for Atmospheric Water Generation and Carrier Air Conditioning Products Parties Will Leverage a Global Supply Agreement With BASF, One of the World’s Largest Chemical Companies and Manufacturer of Adsorbent Material at Scale, and Strategic Partnerships with CATL, the U.S. Department of Energy, […]

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Montana Technologies Announces Investment From Rice Investment Group

Rice Investing $10 Million in Private Capital Raise Led By Carrier Ventures Investment Comes Ahead of Montana’s Business Combination With Power & Digital Infrastructure Acquisition II Corp. (“XPDB”) Montana’s Patented AirJoule® System Reduces Energy Consumption and CO2 Emissions for Air Conditioning, While Reducing or Eliminating Refrigerants and Providing Water from Air RONAN, Mont., Feb. 20, 2024 /PRNewswire/ — Montana Technologies LLC (“Montana” or the “Company”) today […]

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Montana Technologies and GE Vernova Agree to Form a Joint Venture to Manufacture Transformational Air Conditioning and Atmospheric Water Harvesting Products

Combining GE Vernova’s Proprietary Sorbent Materials and Coating Processes with Montana’s Patented AirJoule® System Can Reduce Energy Consumption and Carbon Emissions in Air Conditioning, While Reducing or Eliminating Refrigerants and Providing Pure Water from Air The 50/50 Relationship Will Leverage Montana’s Global Supply Agreement With BASF, the World’s Largest Chemical Company and Manufacturer of Adsorbent […]

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Montana Technologies Enters Joint Commercialization Agreement Term Sheet with Carrier Global to Provide Carbon-Reducing Cooling Technology for Key Global Markets

Montana Technologies Enters Joint Commercialization Agreement Term Sheet With Carrier Global to Provide Carbon-Reducing Cooling Technology for Key Global Markets RONAN, Mt., January 8, 2024 – Montana Technologies LLC (“Montana”), today announced entry into a binding term sheet related to a commercial collaboration with Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and […]

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DOE and Montana Technologies Announce Breakthrough in HVAC and Water Harvesting Technology

RONAN, MONTANA  – Montana Technologies LLC, the inventor of AirJoule™, and the Department of Energy today announced that they have successfully overcome the commercialization barriers that once hindered the widespread adoption of metal organic frameworks (MOFs) to harvest the atmosphere as an around-the-clock renewable thermal energy and drinkable water source. The discovery science breakthrough had been […]

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Montana Technologies to Combine with Power & Digital Infrastructure Acquisition II Corp

CHICAGO, June 5, 2023 /PRNewswire/ — Power & Digital Infrastructure Acquisition II Corp (“XPDB”) (NASDAQ: XPDB) (NASDAQ: XPDBW) (NASDAQ: XPDBU) – a special purpose acquisition company, focused on the renewable and transition energy sectors, sponsored by professionals of XMS Capital Partners, LLC, and Transition Equity Partners, LLC – and Montana Technologies LLC (“the Company”), developer […]

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Richland Researchers Innovating to Keep You Cool

Written By Steven Ashby, Ph.D., PNNL “It’s hot out there.” Those four words sum up many of our conversations this summer as we endured triple-digit temperatures and sought ways to beat the heat. At the Department of Energy’s Pacific Northwest National Laboratory, researchers are working on technologies to help keep us cool, including two related to […]

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Efficient Dehumidifier Makes Air Conditioning a Breeze

Written By Susan Bauer, PNNL It’s a dry heat! When you hear someone say that, they’re implying it’s easier to handle than heat combined with humidity. That’s certainly true of air conditioning (A/C) units. If the air is dry, they don’t have to work so hard and, therefore, don’t consume as much electricity. A new technology […]

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