Strategic partnership accelerates AIRJ’s commercialization strategy in the Middle East and broader Global South
AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or “AIRJ”), a leading technology platform that unleashes the power of water from air, today announced an agreement with TenX Investment in Energy Enterprises & Management Co (“TenX Investment”), a wholly Emirati-owned UAE-based technology and infrastructure investment firm, to become AIRJ’s exclusive distributor of AirJoule products in the Middle East region.
Positioning AirJoule to Address Water Security in the Middle East
This milestone represents significant advancement building on the Memorandum of Understanding announced in August 2024 and positions AIRJ to capture substantial market opportunities in a rapidly growing yet water-stressed region. Under the agreement, TenX Investment will have exclusive rights to market, sell, and support AirJoule distributed water generation and industrial dehumidification systems in the countries of UAE, Oman, Qatar, Saudi Arabia, Bahrain, and Kuwait. Commercial terms are to be reflected in a definitive agreement ahead of initial commercial deployments, which are planned for late 2026.
The collaboration with TenX Investment provides AIRJ with immediate market access, local expertise, and established relationships across government, commercial, and industrial sectors in a region experiencing explosive growth in data center development, advanced manufacturing, and infrastructure investment—all sectors with critical water security requirements. Governments and enterprises are increasingly seeking technologies that can strengthen water security while reducing energy intensity.
The AirJoule platform technology, which leverages waste heat and utilizes metal-organic frameworks and vacuum chambers to efficiently separate water from air, is uniquely suited to improve water sustainability in the region. AirJoule systems produce pure distilled water at industrial scale to support cooling systems and other industrial processes, and AirJoule’s market-leading dehumidification efficiency delivers significant energy savings for customers.
Strategic Partnership Leveraging TenX Investment’s Regional Expertise
“Expanding our commercial relationship with TenX Investment represents a pivotal milestone in AirJoule Technologies’ international expansion strategy and positions us to capture significant opportunities in one of the world’s most compelling markets for distributed water generation,” said Matt Jore, Chief Executive Officer of AirJoule Technologies.
Ramdas Rao, President, International of AirJoule Technologies, said, “The Middle East and broader Global South face extraordinary water security challenges while simultaneously experiencing rapid growth in data centers, advanced manufacturing, and infrastructure development. TenX Investment brings the capabilities we need to accelerate market penetration, such as deep regional relationships, proven commercialization expertise, and an intimate understanding of business requirements and regulatory environments.”
“We are excited to formalize our partnership with AirJoule Technologies and advance toward becoming their exclusive Middle East distributor,” said Abdulnasser Al-Sharafi, Partner at TenX Investment. “AirJoule’s innovative platform technology addresses one of the most critical challenges facing our region—water security—while simultaneously supporting national economic diversification strategies and sustainability commitments. AirJoule has demonstrated compelling performance in Dubai’s demanding climate, and we’ve received substantial interest from government and private sector customers seeking sustainable water solutions. We believe this agreement will establish a strong foundation for scaling deployments across the region in the coming years.”
Dubai Demonstration System is an Important Milestone in Commercialization
From February 2025 to December 2025, AIRJ and TenX Investment operated an AirJoule demonstration system at the Dubai Future Lab that consistently validated performance in the region’s extreme climate conditions. The system operated through wide temperature and humidity swings, generating high purity distilled water and demonstrating operational reliability. This demonstration was successful in generating internal data for future optimization, facilitating external customer discussions and accelerating commercial interest.
