374Water, Inc. focuses on providing a technology that addresses environmental pollution challenges. It develops a waste stream treatment system based on supercritical water oxidation technology. The company's AirSCWO systems are used to treat various hazardous and non-hazardous waste streams. Its clients include channel partners, such as engineering-procurement and construction companies, technology integrators, waste service providers, operations service providers, and NGOs; and end-users, which include utilities, industrial manufacturing facilities, waste management and environmental remediation companies, agricultural companies, and governmental entities. The company is based in Durham, North Carolina.
IPO Year:
Exchange: NASDAQ
Website: https://www.374water.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/3/2024 | $3.00 | Buy | Maxim Group |
DURHAM, NC / ACCESSWIRE / November 18, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in organic waste destruction technology for the municipal, federal, and industrial markets, released a letter to shareholders.November 18, 2024Dear 374Water Shareholders,We would like to thank our shareholders for their continued support and share our excitement about the future of 374Water. Our mission is to be the leader in the organic non-hazardous and hazardous waste destruction market, estimated to exceed $250 billion globally, and become the waste destruction solution of choice for all municipal, federal, and industrial market segments (verticals) globally.We recently completed an Equity fundrais
DURHAM, NC / ACCESSWIRE / November 15, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in organic waste destruction technology for the municipal, federal, and industrial markets, today announced that it entered into a securities purchase agreement with certain investors to purchase approximately $12.2 million worth of its common stock and warrants in a registered direct offering.Under the terms of the securities purchase agreement, the Company has agreed to sell 9,783,496 shares of its common stock, par value $0.0001 ("Common Stock") and warrants ("Warrants") to purchase 14,675,244 shares of Common Stock. The Warrants will be exercisable immediately upon issuance, have an exercise price
DURHAM, NC / ACCESSWIRE / November 14, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in organic waste destruction technology for the municipal, federal, and industrial markets, released a white paper showcasing its AirSCWO technology's successful lab and commercial-scale tests in the destruction of Aqueous Film-Forming Foam (AFFF). AFFF, widely used throughout the firefighting industry, contains per- and polyfluoroalkyl substances (PFAS), a group of persistent and potentially hazardous chemicals that pose risks to human health and ecosystems. Over 99.99% of PFAS compounds were destroyed within seconds in the Company's tests, positioning 374Water's AirSCWO technology as a potential lead
New Management Team Advances AirSCWO Technology, Operational in City of Orlando DURHAM, NC / ACCESSWIRE / August 15, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in organic waste destruction technology for the municipal, federal, and industrial markets, today provides a business update and reports its financial results for the third quarter and nine months ended September 30, 2024.Chris Gannon, President and CEO of 374Water commented: "Over the past quarter, we have continued executing on our strategic initiatives, taking major strides toward the commercialization of our AirSCWO technology to capture the expansive and growing market for destruction of organic waste, which is estimated
DURHAM, NC / ACCESSWIRE / November 11, 2024 /WHAT: 374Water (NASDAQ:SCWO) Schedules Third Quarter 2024 Earnings Release and Conference CallWHEN: Earnings results will be released after market close on Wednesday, November 13, 2024. Management will hold a conference call at 8:00 AM Pacific Time (11:00 AM Eastern Time) on Thursday, November 14, 2024 to provide a business update and discuss quarterly results followed by a live Q&A.WHERE: Participants who wish to join the conference by telephone can access the call by dialing (Toll Free) 888-506-0062 or (International) 973-528-0011 and enter access code 974970. Participants may join the live webcast by accessing it at the webcast registration lin
DURHAM, NC / ACCESSWIRE / November 6, 2024 / 374Water Inc. (NASDAQ:SCWO), an emerging leader in organic waste destruction solutions for the municipal, federal and industrial sectors, has significantly enhanced its capabilities with the expansion into a new, state-of-the-art laboratory facility in Morrisville, NC. This new space, built to Biosafety Level 1 (BSL-1) standards, enables the Company to conduct advanced research for customers on the destruction capabilities of its proprietary AirSCWO technology on a broad range of organic waste and contaminants.AirSCWO harnesses the power of supercritical water oxidation to destroy organic waste streams resulting in clean mineral water, effluent an
Marks Major Milestone in Waste Destruction and Commercialization Path DURHAM, NC / ACCESSWIRE / September 26, 2024 / 374Water Inc. (NASDAQ:SCWO), an emerging leader in organic waste destruction solutions, is pleased to announce that its supercritical water oxidation technology, AirSCWO, is fully installed and commissioned. The technology is now operating and processing biosolids and other PFAS contaminated wastes at scale within the City of Orlando's Iron Bridge Regional Water Reclamation Facility. This achievement is a significant milestone on the path toward the commercialization of the AirSCWO system and fulfills a key operational goal for the Company.The AirSCWO system's successful integ
GREENWICH, Conn., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, a leader in value-oriented and research-driven investment management, is excited to announce its second annual PFAS Symposium, scheduled for Thursday, September 26, 2024, at The Harvard Club in New York City. This event will bring together leading experts, policymakers, and industry executives to explore the critical issues surrounding PFAS (Per- and Polyfluoroalkyl Substances), their uses, replacements, and remediation efforts in water treatment and other categories. The symposium will feature company presentations, fireside chats, panel discussions, and one-on-one meetings. It aims to facilitate a comprehensi
GREENWICH, Conn., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, a leader in value-oriented and research-driven investment management, is excited to announce its second annual PFAS Symposium, scheduled for Thursday, September 26, 2024, at The Harvard Club in New York City. This event will bring together leading experts, policymakers, and industry executives to explore the critical issues surrounding PFAS (Per- and Polyfluoroalkyl Substances), their uses, replacements, and remediation efforts in water treatment. The symposium will feature company presentations, fireside chats, panel discussions, and one-on-one meetings. It aims to facilitate a comprehensive dialogue on the enviro
DURHAM, NC / ACCESSWIRE / August 30, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in organic waste destruction technology for the federal, municipal, and industrial markets, today announced its participation in fall investor conferences:HC Wainwright 26th Annual Global Investment Conference on Tuesday, September 10, 2024. 374Water's CEO Chris Gannon will present from 3:00 PM - 3:30 PM ET. A webcast of the presentation will be available here. The Company will also host 1x1 meetings with investors at the conference.The Company will also present at the Gabelli PFAS Symposium on Thursday, September 26, 2024. The Company will also host 1x1 meetings with investors at the conference. Interes
Maxim Group initiated coverage of 374Water with a rating of Buy and set a new price target of $3.00
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New Management Team Advances AirSCWO Technology, Operational in City of Orlando DURHAM, NC / ACCESSWIRE / August 15, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in organic waste destruction technology for the municipal, federal, and industrial markets, today provides a business update and reports its financial results for the third quarter and nine months ended September 30, 2024.Chris Gannon, President and CEO of 374Water commented: "Over the past quarter, we have continued executing on our strategic initiatives, taking major strides toward the commercialization of our AirSCWO technology to capture the expansive and growing market for destruction of organic waste, which is estimated
DURHAM, NC / ACCESSWIRE / November 11, 2024 /WHAT: 374Water (NASDAQ:SCWO) Schedules Third Quarter 2024 Earnings Release and Conference CallWHEN: Earnings results will be released after market close on Wednesday, November 13, 2024. Management will hold a conference call at 8:00 AM Pacific Time (11:00 AM Eastern Time) on Thursday, November 14, 2024 to provide a business update and discuss quarterly results followed by a live Q&A.WHERE: Participants who wish to join the conference by telephone can access the call by dialing (Toll Free) 888-506-0062 or (International) 973-528-0011 and enter access code 974970. Participants may join the live webcast by accessing it at the webcast registration lin
New Management Team Advances AirSCWO Technology, Deploys to City of Orlando DURHAM, NC / ACCESSWIRE / August 15, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in organic waste destruction technology for the federal, municipal and industrial markets, today provides a business update and reports its financial results for the second quarter and six months ended June 30, 2024.Chirs Gannon, President and CEO of 374Water commented: "In just one quarter as a new executive leadership team, we have made significant progress on our path towards commercializing our AirSCWO technology by taking meaningful steps in the four priority areas outlined when I took the helm as CEO: (1) fulfill contractua
DURHAM, NC / ACCESSWIRE / August 5, 2024 / WHAT: 374Water (NASDAQ:SCWO) Schedules Second Quarter 2024 Earnings Release and Conference CallWHEN: Earnings results will be released before market open on Thursday, August 15, 2024. Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on Thursday August 15, 2024 to provide a business update and discuss quarterly results followed by live Q&A.WHERE: Participants who wish to join the conference by telephone can access the call by dialing (Toll Free) 888-506-0062 or (International) 973-528-0011. Participants may join the live webcast by accessing it at the webcast registration link here: https://www.webcaster4.com/Web
New CEO Chris Gannon unveils Product Development, Commercialization and Go-to-Market Objectives DURHAM, NC / ACCESSWIRE / May 15, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in cutting-edge, sustainable waste management technologies, today provides a business update and reports its financial results for the first quarter ended March 31, 2024."In just under a month, we have hit the ground running developing a strategic plan to unlock the value inherent in this enterprise. I have immersed myself in our technology and our market opportunities to chart the best path forward in our product development, commercialization, and go-to-market approach," said Chris Gannon, CEO of 374Water. "We
DURHAM, NC / ACCESSWIRE / May 9, 2024 / WHAT: 374Water (NASDAQ:SCWO) Schedules First Quarter 2024 Earnings Release and Conference CallWHEN: Earnings Results will be released after market close on Wednesday, May 15, 2024. Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) on Friday, May 17, 2024, to provide a business update and discuss quarterly results.WHERE: Participants who wish to join the conference by telephone can access the call by dialing (Toll Free) 888-506-0062 or (International) 973-528-0011. Participants may join the live webcast by accessing it at the webcast registration link here: https://www.webcaster4.com/Webcast/Page/3040/50613REBROADCAS
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New Role to Enhance Operational Excellence and Strategic Growth DURHAM, NC / ACCESSWIRE / July 9, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in organic waste destruction technology for the federal, municipal and industrial markets, announces the appointment of Deborah Cooper as Chief Administrative Officer (CAO) and Chief of Staff. With over 20 years of experience building and transforming organizations, Cooper will serve as a catalyst for change with a proven ability to connect strategy, tactics and talent to achieve positive results.In her new role, Cooper will focus on business operations and strategic planning to enhance 374Water's ability to scale operations in the near term. S
DURHAM, NC / ACCESSWIRE / April 23, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in cutting-edge, sustainable waste management technologies, today announced the appointment of Chris Gannon as its new President and Chief Executive Officer (CEO), effective immediately. Gannon brings a broad array of executive leadership experience in multiple disciplines and industries, including environmental technology development, highly engineered product, advanced manufacturing, and global customer support and service with customers in the municipal, industrial, commercial, defense, and medical spaces. Gannon has also served in numerous transformational roles at both publicly traded and private equ
DURHAM, NC / ACCESSWIRE / December 21, 2023 / As the year draws to a close, 374Water (NASDAQ:SCWO), a global cleantech and social impact company, reflects on a transformative year marked by significant achievements. These milestones align closely with the U.S. Environmental Protection Agency's (EPA) intensified focus on addressing PFAS - toxic 'forever chemicals' contaminating our environment. From groundbreaking technology demonstrations to strategic partnerships and global recognition, the company has exhibited an unwavering commitment to environmental stewardship and innovation throughout 2023.Following the first UN Water conference in 50 years, 374Water hosted SCWO Week, showcasing its r
Yaacov Nagar to Transition from CEO and Continue as Chairman of the BoardJeff Quick Appointed Interim CEO as Board Initiates Search for SuccessorDURHAM, NC / ACCESSWIRE / September 1, 2023 / 374Water Inc. (NASDAQ:SCWO), a global cleantech and social impact company, today announced that Yaacov "Kobe" Nagar will transition from Chief Executive Officer, effective September 1, 2023, as part of a strategic realignment by the Company to focus on technology deployment, enhancement, and customer delivery. Mr. Nagar assumes the role of Technology Principal and will continue as the Chairman of the Board of Directors."Creating 374Water and bringing it to this critical point has been an apex of my caree
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374Water (NASDAQ:SCWO) reported quarterly losses of $(0.02) per share. This is a 100 percent decrease over losses of $(0.01) per share from the same period last year. The company reported $315.278 thousand in sales this quarter. This is a 60.66 percent decrease over sales of $801.458 thousand the same period last year.
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Maxim Group analyst Tate Sullivan initiates coverage on 374Water (NASDAQ:SCWO) with a Buy rating and announces Price Target of $3.