Mergers & Acquisitions ·
On September 10, 2026, AirJoule Technologies Corporation acquired all equity interests of Bitsink LLC for $18 million…
AIRJAirJoule Technologies Corp.
On September 10, 2026, AirJoule Technologies Corporation acquired all equity interests of Bitsink LLC for $18 million in cash and approximately 1.86 million shares of Class A common stock valued at $9 million. The transaction includes potential earnout payments of up to $40 million payable in stock if revenue targets are met between 2027 and 2029. Bitsink is a designer and manufacturer of cooling, power distribution, and racking infrastructure for AI and high-density data centers with over 220 MW of deployed capacity. This acquisition expands AirJoule's operations into the rapidly growing market for AI and HPC data center infrastructure. AirJoule Technologies Corporation operates in the technology sector, providing atmospheric water generation and data center cooling solutions.