Latest News from Montana Technologies: Behind the scenes stories and thoughts about the future of energy.
Funding
March 14, 2024
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
Partnership
March 11, 2024
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
Funding
March 04, 2024
Power & Digital Infrastructure Acquisition II Corp. (XPDB) and Montana Technologies Exceed $50 Million in Private Capital Commitments, Led by Carrier and Rice Investment Group, Expected to Satisfy Minimum Cash Condition and Clears the Way for Montana's Planned Business Combination with XPDB Currently Scheduled for March 12th, 2024
Funding
February 20, 2024
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.
Partnership
January 29, 2024
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
Funding
January 08, 2024
Montana’s AirJoule Technology Aims to Reduce Power Consumption and Carbon Emission, While Reducing or Eliminating the Use of Refrigerants Includes $10 Million Growth Equity Investment Conditional Commitment from Carrier Following Montana’s Recent Agreements with CATL and BASF Carrier to Nominate Member to Board of Post-Combination Entity Following the Merger Between Montana and Power & Digital Infrastructure Acquisition II Corp.
Technology
November 09, 2023
Breakthrough Approach will Bring a Low-Cost, Low-Energy Refrigerant-Free HVAC and Drinkable Water Solution to the World. Montana’s AirJoule™ Technology Can Reduce Power Consumption by up to 75% and Can Reduce Carbon Emissions by a corresponding percentage.
Funding
June 05, 2023
Montana Technologies to Combine with Power & Digital Infrastructure Acquisition II Corp. to Commercialize its Transformational AirJoule™ Technology to Revolutionize and Accelerate Decarbonization of HVAC Systems and Water Supply
Feature
June 26, 2021
At the Department of Energy’s Pacific Northwest National Laboratory, researchers are working on technologies to help keep us cool, including two related to air-conditioning. While we rely on air-conditioning to make us more comfortable, it also is a significant component of our nation’s energy consumption.
Feature
June 15, 2021
A new technology is set to provide that drier air via a dehumidification system that uses 10 to 30 times less energy than standard dehumidifiers. The patent-pending system is also one-third the size and 40 percent lighter than conventional machines. These benefits make dehumidification practical and affordable for homes and buildings. And the technology can have a significant energy savings impact on vehicles as well.
