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Montana Technologies announces agreement with Climate Impact Corporation to collaborate on atmospheric water generation for renewable hydrogen production

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Montana Technologies announces agreement with Climate Impact Corporation to collaborate on atmospheric water generation for renewable hydrogen production


Montana Technologies Corporation

Montana Technologies Corporation

The integration of the AirJoule® atmospheric water harvesting technology into renewable hydrogen modules will allow hydrogen to be produced economically anywhere that has high sun exposure – including the world’s deserts

RONAN, Mont., Aug. 08, 2024 (GLOBE NEWSWIRE) — Montana Technologies Corporation (NASDAQ: AIRJ) (“Montana Technologies”), the developer of the transformational AirJoule® technology for atmospheric water generation, today announced that it has signed a Memorandum of Understanding with Climate Impact Corporation (“CIC”) to collaborate on the development of CIC’s renewable hydrogen production modules. Using AirJoule® atmospheric water generators from Montana Technologies, CIC expects that its modular hydrogen production units will be able to produce hydrogen in areas with high sun exposure at a competitive USD$2 per kilogram production price.

Montana Technologies, through its 50/50 joint venture with GE Vernova, is commercializing AirJoule® atmospheric water generators that harvest water from both humid and arid atmospheres, producing pure distilled water and dehumidified air. The AirJoule® units utilize metal organic framework coated contactors and a dual vacuum chamber to adsorb and desorb water from air in a highly efficient and scalable process.

Each of CIC’s modular hydrogen production units contains solar panels, atmospheric water generators, electrolysers and supporting infrastructure, enabling each unit to produce renewable hydrogen entirely off-grid. CIC intends to develop two 10GW renewable hydrogen projects utilizing its proprietary technology in central Australia, with other projects to follow in locations globally. The integration of the AirJoule® atmospheric water generators into the technology allows hydrogen to be produced anywhere that has a high sun exposure – including the world’s deserts.

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Matt Jore, CEO of Montana Technologies, said “Our goal is simple – effectively address the ongoing climate crisis by utilizing the Earth’s natural water cycles as a renewable resource. Our globally patented AirJoule® technology allows for the highly efficient extraction of water from the atmosphere, which is a key element of CIC’s renewable hydrogen production modules.”

Bryan Barton, Chief Commercialization Officer at Montana Technologies, added, “We believe that strategic partnerships are essential in making a meaningful contribution to climate change, so we are delighted to be working in collaboration with CIC on optimizing their renewable hydrogen production modules with AirJoule® to enable better global climate outcomes.”

CIC Chairman and Co-Founder David Green commented, “A successful energy transition cannot be achieved in a silo. That’s why we believe in establishing strong partnerships with companies that share our same objective. Our collaboration with Montana Technologies will play a key role in unlocking a competitive production price for renewable hydrogen. Through this agreement, we want to revolutionize hydrogen production, enabling hydrogen to be produced not only at a competitive price, but in a range of locations.”

About Montana Technologies Corporation

Montana Technologies Corporation (NASDAQ: AIRJ) is the developer of AirJoule®, an atmospheric thermal energy and water harvesting technology that provides efficient and sustainable air dehumidification and pure water from air. Designed to reduce energy consumption and generate material cost efficiencies, AirJoule® is being commercialized through a joint venture with GE Vernova and through partnerships with Carrier Global Corporation and BASF. For more information, visit www.mt.energy

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About Climate Impact Corporation

Climate Impact Corporation is a global developer, investor and manager of large-scale green hydrogen projects. Each of its projects is designed to deliver economic opportunity, environmental benefits, and sustainable and dependable energy sources that enable the transition to a low-carbon future. With operations around the world, Climate Impact brings over 40 years of experience in delivering large-scale green energy projects. For more information, visit www.cic-hydrogen.com.

Contacts

Investor Relations:
Tom Divine – Vice President, Investor Relations and Finance
investors@mt.energy

Media:
media@mt.energy

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With No. 1 seed in hand, Montana State now looks toward FCS playoffs

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With No. 1 seed in hand, Montana State now looks toward FCS playoffs


Following a 34-11 victory over rival Montana to clinch the outright Big Sky Conference championship, Montana State received the No. 1 overall seed for the upcoming FCS playoffs when the bracket was announced Sunday.

The Bobcats (12-0) have a first-round bye and will host either No. 16-seed New Hampshire or Tennessee Martin in the second round on Saturday, Dec. 7.

Montana State coach Brent Vigen spoke with the media after the Selection Sunday show on ESPN, which the Bobcats and their fans gathered to watch at Worthington Arena.

For a full recap from Sunday’s event at Worthington Arena, see the video player above.

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Brawl of the Wild Replay: No. 9 Montana at No. 2 Montana State

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Brawl of the Wild Replay: No. 9 Montana at No. 2 Montana State


BOZEMAN — Second-ranked Montana State was seeking regular-season perfection when it welcomed rival Montana to Bobcat Stadium on Saturday, Nov. 23, 2024.

The Bobcats entered the 123rd Brawl of the Wild with an 11-0 overall record with a chance to finish 12-0 for the first time in program history and also win the outright Big Sky Conference championship.

The ninth-ranked Grizzlies, meanwhile, were 8-3 and aiming to play spoiler for Montana State while also improving their own seeding for the FCS playoffs.

Watch a condensed replay of the game between No. 2 Montana State and No. 9 Montana in the video above.

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‘Yellowstone’ highlights influence behind a changing Montana

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‘Yellowstone’ highlights influence behind a changing Montana



The popular “Yellowstone” TV series, set and filmed in Montana, taps into a lesser-known chapter of the state’s history: its settlement by Confederates and ex-Confederates during and after the Civil War.

I come to this story with a unique perspective. I’m a fourth-generation Montanan. I’m also a scholar of U.S. Western literary and cultural studies and left the state in my 20s to pursue a career in academia.

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Then, during the pandemic, I returned to Montana for a time to lead a statewide cultural organization that connects Montana’s history and literature to its modern-day residents.

That’s why, for me, the story of the show’s protagonist, John Dutton III, who heads a wealthy-but-embattled Montana ranching family, is not just a cultural phenomenon. Rather, “Yellowstone” offers insights into the dynamics that are currently influencing a changing Montana.

Montana’s little-known legacy

One of the series’ prequels, “1883,” provides the crucial backstory for the Dutton family’s journey to Montana.

James Dutton, portrayed by Tim McGraw, was a former Confederate captain; his wife, Maggie, was a nurse for the Confederate Army. In leaving behind their war-torn lives to seek new opportunities, they mirror the historical trend that saw Confederate settlers moving West during and after the Civil War.

According to Montana historian and scholar Ken Robison, Confederate prisoners of war languishing in Union prisons were paroled to western territories like Montana. By 1864, two such parolees had discovered gold in what is still called Confederate Gulch, at the time one of the largest settlements in Montana Territory. Other settlements, such as Dixie Town and Jeff Davis Gulch, dotted the landscape. Montana’s territorial capital was briefly called Varina, named after the Confederate president’s wife.

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Although there is no way to know for certain, it’s possible that during the latter half of the war, half of Montana Territory’s residents — maybe 30,000 — were pro-secession. Some had been in Confederate service; the rest shared their sentiments.

After the war, many of those Confederates stayed. By the late 1800s, Montana was home to 13 United Confederate Veterans organizations totaling 176 members. In 1916, the Montana Chapter of the Daughters of the Confederacy erected a Confederate memorial in Helena, the state capital; it stood for a century. The 1920s saw the rise of about 40 Ku Klux Klan chapters across the state to promote xenophobic policies against immigrants and racist policies against nonwhites. Today, Montana remains one of the whitest states in the U.S. — about 85% of Montanans are white; less than 1% are Black.

Recasting the ‘Lost Cause’

Numerous historical echoes surface briefly in “Yellowstone.”

In Season 2, there’s a violent confrontation involving a militia group that displays Confederate and “Don’t Tread on Me” flags. This subplot speaks to Montana’s long history as a hub for populist and anti-government movements. The Southern Poverty Law Center reports that Montana has 17 hate and anti-government groups, which include three defined as white supremacist or neo-Nazi.

This depiction of militia groups in “Yellowstone” represents the broader history of populist resistance in the American West. From the Sagebrush Rebellion of the 1970s to the Montana Freemen’s standoff with federal agents in the 1990s, Westerners have often resisted federal control over land and resources — tensions that perhaps trace back to the Confederacy’s own secession, a resistance rooted in defiance of federal authority, particularly over slavery.

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After the Confederacy’s defeat, the “Lost Cause” narrative, in an attempt to preserve Southern pride, recast the South’s secession as a fight for states’ rights, and not a defense of slavery.

Those Lost Cause connections reverberate through John Dutton III’s relentless battle to preserve his family’s ranch. Fighting overwhelming political and economic pressures, Dutton remains steadfast in his determination to hold onto the land, even when it goes against his best interests.

This tenacity reflects the Lost Cause mindset — a clinging to a nostalgia-tinged, yet unattainable, past. Dutton embodies the archetype of the “aggrieved white man,” a figure central to many populist movements, who feels displaced from his former position of power in politics, work and family life.

Populist contradictions

It’s hard to discern to what degree recent changes in Montana can be attributed to “Yellowstone.” What is certain: Today’s longtime Montana residents find themselves exposed to a fresh set of political, economic and cultural forces.

Tourism and the local economy are up, due in part to the “Yellowstone” effect. But so are concerns about the rising costs of most everything, particularly houses.

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These trends have been spurred, in part, by outsiders moving to Montana — newcomers who romanticize the state’s hardscrabble past and what they perceive as its current rough-hewn lifestyle.

What’s more, Montana has morphed from a purple state known for its political independence into a reliably conservative stronghold.

The drastic shift from purple to red solidified in 2020 with the election of a Republican governor after 16 years of Democratic leadership. It was further underscored by the defeat of Democratic Sen. Jon Tester by Republican Tim Sheehy in the 2024 election.

In “Yellowstone,” as Dutton is sworn in as Montana’s new Republican governor, he tells his constituents that he is “the opposite of progress” in response to changes that outside influences are bringing to the state.

Yet the politics of “Yellowstone” are “hard to pin down,” and the Duttons themselves espouse various versions of left- and right-wing populism as they simultaneously battle and embody the political and economic elite.

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By the same token, Montanans resent wealthy outsiders but have given them political power by voting them into office.

Montana’s current governor, Greg Gianforte, is a tech millionaire, originally from Pennsylvania; Sheehy, similarly, is a wealthy out-of-stater.

Neither one might approve of the fictional Gov. Dutton’s proposed policy of doubling property and sales taxes for out-of-state “transplants” — though many Montanans probably would. For some, the rapid changes of the past few years have been, like life for the Dutton family, a challenge.

Randi Lynn Tanglen served as professor of English at Austin College in Texas (2008-2020), executive director of Humanities Montana (2020-2022), and is currently vice provost for faculty affairs at the University of North Dakota (2023-present). She holds degrees from Rocky Mountain College,  the University of Montana and the University of Arizona.



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