ClearSign Technologies Corporation Receives Orders For The Engineering Of Burners For Two Additional Heaters From A California Refinery; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
ClearSign Technologies Corporation (NASDAQ:CLIR) has received two purchase orders for the engineering of burners for two additional heaters at a California refinery, following the successful installation and startup of burners for two other heaters earlier this year. These orders, for which no financial terms were disclosed, are part of an ongoing relationship with the refinery, highlighting the refinery's commitment to meeting and exceeding California's clean air goals with ClearSign's technology.
April 30, 2024 | 12:43 pm
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ClearSign Technologies Corporation receives engineering orders for two additional heaters at a California refinery, indicating continued customer trust and potential for future manufacturing orders.
The receipt of additional orders from a repeat customer not only demonstrates the customer's satisfaction and trust in ClearSign Technologies' products but also suggests a positive outlook for future orders, including potential manufacturing and supply orders following the engineering phase. This ongoing relationship and the role of ClearSign's technology in helping the refinery meet stringent emissions goals in California could positively influence investor sentiment and the company's stock price in the short term.
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