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Jun 30, 2022
ClearSign Q2 2022 Earnings Report
ClearSign's operations were updated for the second quarter ended June 30, 2022.
Key Takeaways
ClearSign Technologies Corporation reported progress in both major product lines, including sales development and technology advancement. The company received a follow-on purchase order for a California refinery project, closed an enclosed oxidizer sale to a Canadian hydrogen technology company, and was awarded a grant from the Department of Energy.
Received follow-on purchase order for California refinery multi-heater project.
Announced an enclosed oxidizer sale to a Canada-based hydrogen technology production company.
Appointed Gary DiElsi to the Board of Directors.
Awarded grant from Department of Energy to develop a hydrogen-fueled ultra-low NOx process burner.
ClearSign
ClearSign
Forward Guidance
ClearSign expects an additional purchase order for the manufacture and supply of the remaining sixteen burners during the fourth quarter of this year.