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 […]
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, […]
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 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 […]
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 […]