Power & Digital Infrastructure Acquisition II To Combine With Montana Technologies To Commercialize Transformational AirJoule Technology For Decarbonization Of HVAC Systems And Water Supply; Expected Enterprise Value Of $500M
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Power & Digital Infrastructure Acquisition II is set to combine with Montana Technologies to commercialize AirJoule technology for decarbonization of HVAC systems and water supply. The expected enterprise value of the combined entity is $500 million.

June 05, 2023 | 1:01 pm
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XPDB is set to merge with Montana Technologies, aiming to commercialize AirJoule technology for decarbonization of HVAC systems and water supply, with an expected enterprise value of $500 million.
The merger between Power & Digital Infrastructure Acquisition II (XPDB) and Montana Technologies is expected to have a positive short-term impact on XPDB's stock price. The commercialization of AirJoule technology for decarbonization of HVAC systems and water supply is a significant development in the clean technology sector. The expected enterprise value of $500 million indicates a strong market potential for the combined entity.
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