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374Water Announces 5-Year Agreement with the City of Orlando Approval to Launch Licensed Waste Destruction Services Hub

  • 374Water Inc. (NASDAQ: SCWO) received City of Orlando approval for a license to provide Waste Destruction Services (WDS) at the Iron Bridge Regional Water Reclamation Facility.
  • The approval follows a full-scale AirSCWO demonstration project that achieved greater than 99.95% destruction of PFAS in biosolids and Aqueous Film-Forming Foam (AFFF) streams.
  • The initial agreement covers a five-year term with options for two additional five-year extensions.
  • The company plans to expand holding tank capacity, receive significant waste volumes, scale logistics infrastructure, and optimize throughput to serve industrial & municipal customers.
  • Onsite deployment of the AirSCWO system allows 374Water to significantly reduce the lead time between regulatory approval and commercial launch.
  • The Orlando license marks the first scalable municipal services platform under the company's 2025-launched Waste Destruction Services business strategy.
  • 374Water did not deliver the next-generation AirSCWO system to Orange County Sanitation District (OC San) in 2025 due to engineering enhancements, with associated revenue now expected in 2026.
  • The company has strengthened its executive leadership & Board of Directors to accelerate commercialization and meet 2026 deployment milestones.
  • Brad Meyers, Chief Operating Officer, stated the Orlando approval represents a key transition from demonstrated technology to a scalable services platform.
  • The company continues to work with OC San to finalize site infrastructure improvements & complete system optimization for the California project.