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 […]