ClearSign Technologies Corporation, an emerging 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, today provides an update on operations for the quarter ended September 30, 2024.

"We are happy to report a record revenue quarter of almost two million dollars," said Jim Deller, Ph.D., Chief Executive Officer of ClearSign. "We are very encouraged by our growing pipeline of projects to be shipped, installed and in engineering phases. Our sales channels are expanding through a network of partners, OEM's and engineering firms, and we believe this is an integral part of expanding our sales operation. From our installed base to third-party testing like the California GET program, our operational performance continues to provide additional compelling data for our products and supports our reputation as a solution provider," concluded Dr. Deller.

Cash and cash equivalents were approximately $14.5 million as of September 30, 2024.