CLIR

ClearSign Technologies Corporation Receives Orders for the Engineering of Burners for Two Additional Heaters from a California Refinery

Retrieved on: 
Tuesday, April 30, 2024
Engineering, Safety, CLIR, Oil

"We are grateful and encouraged to receive these additional orders for the initial engineering of burners to be fitted into two more heaters at this California refinery," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign.

Key Points: 
  • "We are grateful and encouraged to receive these additional orders for the initial engineering of burners to be fitted into two more heaters at this California refinery," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign.
  • "These orders follow the supply of burners for the two other heaters in the same refinery that were started up earlier this year.
  • These orders follow the recent successful installations of two multi burner heater orders at the customer's refinery site.
  • Like previous orders, this initial engineering is anticipated to be followed by purchase orders for the manufacture and supply of burners.

ClearSign Technologies Corporation Appoints David Maley to Board of Directors

Retrieved on: 
Wednesday, April 24, 2024
Goldman Sachs, University, University of Notre Dame, Partner, BMO Harris Bank, Safety, M.B.A, Research, Business, David G. Booth, Senior, Ariel, CLIR, Ariel Investments, Audit, Investment

TULSA, Okla., April 24, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy and operational efficiency, and safety while dramatically reducing emissions, today announces that David Maley has been appointed to its Board of Directors (the "Board") to fill the independent director vacancy in the Board and to the Board's Audit & Risk Committee.

Key Points: 
  • TULSA, Okla., April 24, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy and operational efficiency, and safety while dramatically reducing emissions, today announces that David Maley has been appointed to its Board of Directors (the "Board") to fill the independent director vacancy in the Board and to the Board's Audit & Risk Committee.
  • David Maley brings forty years of broad investment experience with more than half of that period focused on micro-cap equity research and portfolio management.
  • Mr. Maley currently serves as the Chief Investment Officer and Chief Compliance Officer of 1102 Partners, LLC, a family office and investment advisory firm founded by Mr. Maley in 2021.
  • "I am very pleased to welcome David Maley to ClearSign's Board of Directors," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign.

ClearSign Technologies Corporation Provides Full Year 2023 Update

Retrieved on: 
Tuesday, April 23, 2024
Investment, BACT, Safety, Conference, Webcast, Common stock, Single, CLIR, State Implementation Plan, SCAQMD, ID, Letter

TULSA, Okla., April 23, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, today provides an update on operations for the year ended December 31, 2023.

Key Points: 
  • TULSA, Okla., April 23, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, today provides an update on operations for the year ended December 31, 2023.
  • "We ended 2023 with some commercial momentum and that has carried into the current year," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign.
  • "We have been able to deliver and start up our initial boiler burner orders as well as some significant process burner orders.
  • The Company reported $2.4 million revenue for the full year 2023 compared to $374 thousand for the comparable period in 2022.

ClearSign Technologies Corporation Announces Closing of $9.3 Million Public Offering and Concurrent Private Placement of Common Stock and Warrants

Retrieved on: 
Tuesday, April 23, 2024
Sale, Safety, Security (finance), Research, Form, CLIR, Marketing, S-3, Telephone

In a private placement completed concurrently with the public offering, ClearSign issued to an accredited investor an aggregate of 2,249,763 shares of common stock, pre-funded warrants to purchase up to 3,155,642 shares of common stock and redeemable warrants to purchase up to 8,108,106 shares of common stock.

Key Points: 
  • In a private placement completed concurrently with the public offering, ClearSign issued to an accredited investor an aggregate of 2,249,763 shares of common stock, pre-funded warrants to purchase up to 3,155,642 shares of common stock and redeemable warrants to purchase up to 8,108,106 shares of common stock.
  • The offering prices in the private placement were $0.91 per share and $0.01 per redeemable warrants, or $0.9099 per pre-funded warrant and $0.01 per redeemable warrants, as applicable.
  • Public Ventures, LLC acted as the sole book-running manager for the public offering and as a placement agent for the private placement.
  • Gross proceeds from the public and private offering were approximately $9.3 million, excluding underwriting and placement agent discounts and commissions and other offering-related expenses.

ClearSign Technologies Corporation Announces Full Year 2023 Conference Call

Retrieved on: 
Thursday, April 11, 2024
ID, Annual report, Safety, Webcast, CLIR

TULSA, Okla., April 11, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, announces on Tuesday, April 23, 2024, the Company will host a conference call at 5:00 PM ET.  The Company filed the annual report on form 10-K with the SEC on April 1, 2024 and will issue a summary of its financial and operating results for the fourth quarter and full year ending on December 31, 2022 in a press release on the day of the call.

Key Points: 
  • Hosting Call at 5pm ET on Tuesday, April 23rd
    TULSA, Okla., April 11, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, announces on Tuesday, April 23, 2024, the Company will host a conference call at 5:00 PM ET.
  • Investors interested in participating on the live full year call can dial 1-800-836-8184 within the U.S. or 1-646-357-8785 from abroad.
  • Investors can also access the call online through a listen-only webcast at https://app.webinar.net/6AKrGbpeXky or on the investor relations section of the Company's website at http://ir.clearsign.com/overview .
  • The telephonic playback will be available for 7 days after the conference call.

ClearSign Technologies Corporation Receives First in Series of Four Boiler Burner Purchase Orders

Retrieved on: 
Wednesday, February 21, 2024
CLIR, Safety, Letter, Traction, Fruit, Fuel oil

"This is the first multi-unit engagement for our newly segmented Rogue boiler burner product line," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign.

Key Points: 
  • "This is the first multi-unit engagement for our newly segmented Rogue boiler burner product line," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign.
  • "We are encouraged by this development as we are seeing our technology gain traction in the California market.
  • California Boiler initially received a letter of intent for the purchase of four 475hp boilers, including ClearSign Core (Rogue) burners, followed by the first purchase order in the series of four ordered boilers.
  • The additional burner orders will be issued concurrent with the construction of additional planned fruit processing lines of the customer.

ClearSign Technologies Corporation Burner Performance Receives Best Available Control Technology (BACT) Determinations for Single and Multi Process-Burner Heaters

Retrieved on: 
Tuesday, February 13, 2024
NSR, CLIR, New Source Review, SCR, Safety, SIP, State Implementation Plan, EPA, CARB, BACT, SCAQMD, California Air Resources Board, NOx

We consider this BACT revision to also be beneficial for the future development of ClearSign's business," concluded Dr. Deller.

Key Points: 
  • We consider this BACT revision to also be beneficial for the future development of ClearSign's business," concluded Dr. Deller.
  • BACT guidelines are periodically updated by SCAQMD to reflect advancements in technology and to ensure affected equipment utilize the most efficient technologies.
  • Source is defined in the BACT guidelines as an individual permit unit, such as an engine, boiler, spray booth, etc.
  • During the permitting process, NSR analysis is performed for new sources, relocated sources as well as modifications to existing sources.

ClearSign Technologies Corporation Provides Preliminary 2023 Financial Results

Retrieved on: 
Wednesday, February 7, 2024
Growth, Bank statement, Safety, CLIR

TULSA, Okla., Feb. 7, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, provides preliminary unaudited financial results for the three months and year ended December 31, 2023. 

Key Points: 
  • TULSA, Okla., Feb. 7, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, provides preliminary unaudited financial results for the three months and year ended December 31, 2023.
  • Preliminary Unaudited Results for the Fourth Quarter and Fiscal Year Ended December 31, 2023:
    Set forth above are certain estimated preliminary financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Our actual results may vary from the estimated preliminary results presented here due to final adjustments and other developments that may arise between now and the time the financial results for the fiscal year ended December 31, 2023 are finalized.
  • The estimated preliminary financial results have not been audited or reviewed by our independent registered public accounting firm.

ClearSign Technologies Corporation to Present at Integrous Big Hearts, Big Ideas Virtual Investor Conference on February 14th-15th

Retrieved on: 
Thursday, February 1, 2024
Conference, Safety, CLIR

TULSA, Okla., Feb. 1, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions has been invited to present at Integrous Communications Big Hearts, Big Ideas Virtual Investor Conference, which is being held virtually on February 13-15th, 2024.

Key Points: 
  • TULSA, Okla., Feb. 1, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions has been invited to present at Integrous Communications Big Hearts, Big Ideas Virtual Investor Conference, which is being held virtually on February 13-15th, 2024.
  • Jim Deller, Ph.D., Chief Executive Officer of ClearSign ClearSign will present at the conference.
  • Dr. Deller is scheduled to present on Tuesday, February 14th at 2:30pm ET (11:30am PT).
  • To register for the event Investors can go to the conference website: https://integrousbigheartsbigideas.events.issuerdirect.com/ or use this link: https://integrousbigheartsbigideas.events.issuerdirect.com/signup
    To receive additional information please email: [email protected]

ClearSign Technologies Corporation Announces Successful Start Up of Multi-Burner Heater in California Project

Retrieved on: 
Wednesday, January 17, 2024
NOx, Safety, CLIR

TULSA, Okla., Jan. 17, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, announces that the first eight burner heater has had a successful start up and is now in operation. 

Key Points: 
  • TULSA, Okla., Jan. 17, 2024 /PRNewswire/ -- ClearSign Technologies Corporation (Nasdaq: CLIR) ("ClearSign" or the "Company"), an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, announces that the first eight burner heater has had a successful start up and is now in operation.
  • "We are pleased to start the New Year with another successful process burner installation," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign.
  • This completed installation is for the first, an eight burner heater, and the second, a five burner heater, is in process.
  • This refiner was an early customer and has ongoing experience with the operation and performance of ClearSign burner technology.