TULSA,
Okla., Feb. 27, 2025 /PRNewswire/ -- ClearSign
Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the
"Company"), an emerging leader in industrial combustion and sensing
technologies that support
decarbonization, improve operational and energy
efficiency, enable the use of hydrogen as a fuel and enhance safety
while dramatically reducing emissions, announces
that, following the completion of the engineering
order, the Company has received the purchase order for a flare
from an energy company for use in California.
"We are happy to receive this order not only because it is for a
returning customer seeking an emissions solution, but also because
we believe it is an indication of a growing opportunity for
ClearSign and our leading emissions reduction technologies," said
Jim Deller, Ph.D., Chief Executive
Office of ClearSign. "Our flaring products, and
enclosed combustors, are another innovative solution that we
can provide to our clients to meet their clear air goals and
permitting requirements. To put it simply, they provide a clean
means to dispose of unusable hydrocarbons, and we are seeing a
resurgence of interest in this product line in the markets we
support, particularly in traditional upstream production
applications and producers and users of a variety of biofuels."
This order is for the equipment for a flare retrofit to be
installed at a production facility. The final product is expected
to be fabricated and shipped in the second quarter of 2025 to be
installed at the customer's site in the San Joaquin Valley of
California.
About ClearSign Technologies Corporation
ClearSign Technologies Corporation designs and develops products
and technologies for the purpose of decarbonization and improving
key performance characteristics of industrial and commercial
systems, including operational performance, energy efficiency,
emission reduction, safety, the use of hydrogen as a fuel and
overall cost-effectiveness. Our patented technologies, embedded in
established OEM products as ClearSign Core™ and ClearSign
Eye™ and other sensing configurations, enhance the performance
of combustion systems and fuel safety systems in a broad range of
markets, including the energy (upstream oil production and
down-stream refining), commercial/industrial boiler, chemical,
petrochemical, transport and power industries. For more
information, please visit www.clearsign.com.
Cautionary note on forward-looking statements
All statements in this press release that are not based on
historical fact are "forward-looking statements." You can find many
(but not all) of these statements by looking for words such as
"approximates," "believes," "hopes," "expects," "anticipates,"
"estimates," "projects," "intends," "plans," "would," "should,"
"could," "may," "will" or other similar expressions. While
management has based any forward-looking statements included in
this press release on its current expectations on the Company's
strategy, plans, intentions, performance, or future occurrences or
results, the information on which such expectations were based may
change. These forward-looking statements rely on a number of
assumptions concerning future events and are subject to a number of
risks, uncertainties and other factors, many of which are outside
of the Company's control, which could cause actual results to
materially differ from such statements. Such risks, uncertainties
and other factors include, but are not limited to: the performance
of the Company's burners, including related fuel and electricity
savings and its ability to lower NOx emissions; any changes to the
regulatory landscape for decarbonization efforts, including related
to federal funding and grants, across industries; the performance
of the Company's computer modeling technique and its ability to
reduce greenhouse gas emissions; the Company's ability to
successfully deliver, install, and meet the performance obligations
of the Company's products, including process burners, boiler
burners and flare products, in the markets the Company operate and
sell its products in; the Company's ability to successfully
manufacture and supply its burner and flaring products timely; the
Company's ability to further expand into other geographic markets;
the Company's ability to increase sales of its flaring products and
enclosed combusters for use in the markets the Company operate
and sell its products in; the performance of the Company's flex
fuel hydrogen capable burner; the Company's ability to further
expand the sale of ultra-low NOx process and boiler burners,
including the flex fuel hydrogen capable burner and flaring
products; the Company's ability to successfully perform engineering
orders and performance optimization processes included therein;
general business and economic conditions; the performance of
management and the Company's employees; the Company's ability to
obtain financing, when needed; the Company's ability to compete
with competitors; whether the Company's technology will be accepted
and adopted and other factors identified in the Company's Annual
Report on Form 10-K filed with the U.S. Securities and Exchange
Commission and available at www.sec.gov and other factors that are
detailed in the Company's periodic and current reports available
for review at www.sec.gov. Furthermore, the Company operates in a
competitive environment where new and unanticipated risks may
arise. Accordingly, investors should not place any reliance on
forward-looking statements as a prediction of actual results. The
Company disclaims any intention to, and, except as may be required
by law, undertakes no obligation to, update or revise
forward-looking statements to reflect events or circumstances that
subsequently occur or of which the Company hereafter become
aware.
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SOURCE ClearSign Technologies Corporation
