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Investing.com -- ClearSign Technologies Corporation (NASDAQ:CLIR) stock surged 7.1% in Tuesday’s premarket trading after the company announced it received a purchase order for one of its "M" Series process burners from heater manufacturer Devco Process Heaters.
The order is for a ClearSign Core™ M25 burner that will be installed in a hot oil heater at a New Mexico gas processing facility as part of a NOx emissions reduction project. The company expects to deliver the burner in the first quarter of 2026.
"We continue to see a growing interest in our new ’M’ Series process burner line, which we believe is an outstanding product for the midstream market," said Jim Deller, CEO of ClearSign Technologies. "We have expanded the range of available sizes and performance options to provide flexible solutions that we believe effectively meet the needs of our customers in this segment."
The company, which specializes in advanced combustion and sensing technologies that help industrial operators reduce emissions and increase efficiency, noted that the burner was sold through Devco Process Heaters of Tulsa, Oklahoma. ClearSign highlighted the importance of channel partners in promoting and selling its technology.
ClearSign Technologies has positioned its "M" Series process burner line for the midstream market, with the company reporting growing adoption and increasing requests for proposals for this technology.
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