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Agreement to Serve as a Model for Future Collaborations to Create a National Network of TSDF Partnerships
DURHAM, N.C., Sept. 08, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ:SCWO) ("374Water"), a global leader in organic waste destruction technology and services for the municipal, federal, and industrial markets, today announced a Waste Destruction Services ("WDS") collaboration agreement focused on PFAS eradication with Crystal Clean, a leading provider of environmental and waste management solutions to commercial, industrial, and government end-markets.
374Water will establish a full-service WDS operation to unlock significant revenue opportunities across municipal, federal, and industrial market verticals. Operations at one of Crystal Clean's facilities will include its proprietary AirSCWO technology, pre- and post-treatment systems, and ancillary equipment. This agreement will allow 374Water to actively pursue large federal destruction contracts for Aqueous Film-Forming Foam ("AFFF"), granular activated carbon ("GAC"), ion exchange resin ("IEX"), and other PFAS contaminated wastes. 374Water will also pursue large municipal and industrial PFAS waste destruction contracts which are ideal for this facility. In addition, Crystal Clean and 374Water will actively market AirSCWO WDS to existing customers, who approve of the technology, and thereby secure additional waste streams for destruction.
During 2025, 374Water intends to establish its WDS operations focused on PFAS eradication, the WDS operations will initially utilize the AirSCWO 6 system, which has the potential, over time, to generate $3 million to $5 million in annual recurring revenue. 374Water may install a second AirSCWO 6 system in 2026 to meet increased client demand.
In addition, 374Water has begun to build its mobile AirSCWO fleet for onsite WDS for clients who prefer onsite destruction projects and operations. The company intends to build a fleet of mobile AirSCWO systems to meet specific customer needs.
Posted In: SCWO
