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.

AirJoule Technologies Corporation reported a net loss of $8.5 million for the second quarter of 2026, compared to net income of $2.5 million in the prior year period. The company ended the quarter with $41.4 million in cash, including $14.2 million from a registered direct offering completed in June 2026. Management updated its 2026 combined spend framework for AirJoule Technologies and its joint venture to approximately $27–$28 million, up from the previous estimate of $25 million, citing increased commercialization activity. Key operational milestones included signing an exclusive sales agreement with Kubota Corporation for residential deployments in Texas and California, commissioning the first full-scale AirJoule Prime system at its Delaware facility, and receiving a Green Licence in Expo City Dubai. The company also highlighted ongoing partnerships with GE Vernova and the Net Zero Innovation Hub for Data Centers. AirJoule Technologies operates as a platform technology company developing sorption systems to extract water from air using waste heat.