Collaboration with Industry Leaders

After being selected in September 2025 as one of only three winners from over seventy applicants, AirJoule Technologies has cemented its position as the sole U.S.-based company and the only firm focused on water solutions in this program. As part of this collaboration, AIRJ will work with a consortium of prominent global data center operators and infrastructure providers, including:

• Microsoft
• Google
• Data4
• Vertiv
• Schneider Electric
• Danfoss

This cooperation aims to accelerate the development and deployment of AirJoule systems, which utilize low-grade waste heat from data center operations to generate pure distilled water from the atmosphere.

Program Overview and Objectives

The Innovation Hub’s program commenced this week in Fredericia, Denmark, featuring a phased roadmap that includes:

• Engagement with data center partners
• Refinement of product-market fit
• Commercial alignment
• Access to testing and validation facilities

AIRJ anticipates achieving a significant commercialization milestone with the installation of AirJoule systems at an Innovation Hub testbed facility in Denmark, with on-site operations expected to commence in summer 2026.

CEO Insights on Commercial Deployment

"This program represents an important step in the commercial deployment of AirJoule in mission-critical data center environments," said Matt Jore, Chief Executive Officer of AirJoule Technologies. "By collaborating with some of the world's most sophisticated data center operators, we are strategically positioning AirJoule to address water sustainability challenges within this rapidly expanding industry."

Impact on Sustainable Data Center Operations

According to Alberto Ravagni, CEO of the Net Zero Innovation Hub for Data Centers, "AirJoule's innovative approach to utilizing waste heat for water generation addresses one of the data center industry's most critical sustainability challenges." The incubation program offers a framework to expedite AIRJ's transition from demonstration to scalable deployment.

Market Opportunities and Broader Applications

The Net Zero Innovation Hub program also supports AirJoule Technologies' commercialization strategy for water-intensive industrial applications. Data centers consume millions of gallons of water daily for cooling, with over 40% of planned U.S. facilities located in areas facing high water stress, according to McKinsey & Co.

Utilizing waste heat to access atmospheric water, the AirJoule platform can provide sources for:

• Evaporative cooling
• Replenishing line losses in closed loop systems
• Power generation
• Local water replenishment initiatives

As AIRJ continues to grow its commercial pipeline, applications are expected to extend beyond data centers to include sectors such as advanced manufacturing, food and beverage, chemical industries, and residential developers in water-stressed regions.

About AirJoule Technologies Corporation

AirJoule Technologies Corporation (NASDAQ: AIRJ) is a pioneering company focused on harnessing the power of water from air. Through collaborations with GE Vernova and Carrier Global Corporation, the firm aims to address global water and energy challenges. For more information, visit airjouletech.com.

Forward-Looking Statements

This release includes forward-looking statements as defined in relevant U.S. securities regulations. Statements regarding AirJoule Technologies' financial outlook, operational performance, and strategy may involve risks and uncertainties. As such, actual outcomes may differ materially from anticipated results.