ClearSign receives testing order from major petrochemical customer

TULSA - ClearSign Technologies Corporation (NASDAQ:CLIR), whose stock has surged over 66% in the past week and currently maintains a market capitalization of $44 million, announced Tuesday it has received an order for comprehensive process burner testing from a major petrochemical customer. According to InvestingPro data, the company holds more cash than debt on its balance sheet, positioning it well for growth opportunities.

The testing will involve collecting operational data across various operating conditions and fuel blends, with results expected to be delivered to the customer in the fourth quarter of 2025.

"It is encouraging that our customer is requesting this extensive range of testing," said Jim Deller, CEO of ClearSign Technologies. "We believe that this global client is evaluating our process burner technology for potential deployment at a number of its processing facilities."

ClearSign Technologies designs and develops products aimed at decarbonization and improving performance characteristics of industrial systems, including operational performance, energy efficiency, and emission reduction.

The company’s patented technologies are designed to enhance the performance of combustion systems and fuel safety systems across various markets including energy, commercial/industrial boiler, chemical, petrochemical, transport and power industries.

The announcement was made in a press release statement from the company, which specializes in advanced combustion and sensing technologies that help industrial operators reduce emissions and increase efficiency.

In other recent news, ClearSign Technologies Corporation reported its second-quarter earnings for 2025, showing a notable increase in revenue. The company achieved $133,000 in revenue, up from $45,000 in the same quarter last year. Despite this growth, ClearSign did not meet earnings per share expectations. Additionally, the company has received an initial engineering order for a retrofit project involving 36 ClearSign Core burners at a refinery in Texas, with the final delivery expected in the second half of 2026. In corporate governance developments, ClearSign regained compliance with Nasdaq’s board and audit committee composition requirements. This followed recent changes to its board of directors, addressing previous non-compliance issues. The company had faced challenges due to the resignations of two board members, which affected its adherence to Nasdaq rules. These updates highlight ClearSign’s ongoing efforts in both operational and governance areas.

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