r/scwo

I've tried to post a few links and nothing seems to go through so hoping this post makes its way through. I would think being added to the index will help boost our exposure to institutions and could bring in some higher volume and more money over the next few months

I’ve never posted on reddit before, but I see people bummed about the stock not moving up/having volume. I think especially for microcaps, the analysts or finance people who would draw in a larger audience probably have no idea what anything means if they looked at the company. That leaves us with loads of time to slowly buy in with whats comfortable (e.g. like $50/month for me). If this technology is truly the most cost effective way to treat PFAS and other hazardous waste streams, we will all be very well rewarded. I just think it will take a long time since i bet environmental engineers, chemists, and waste management people probably make up the majority of who can even understand why scwo is so valuable.

If your time horizon is 5yrs to a decade, I would think scaling isn’t a major bear case. I do think WM or clean harbors finding ways to develop this tech in house is the major bear case.

Love to hear some thoughts on this

374Water's Mobile AirSCWO System Completes Phase 1 in St. Cloud, MN with Phase 2 Underway with Strong Early Results

The mobile AirSCWO brings the full capability of larger modular systems for wastes that cannot be transported and for onsite pilot demonstrations

MORRISVILLE, NC / ACCESS Newswire / June 30, 2026 / 374Water Inc. (NASDAQ:SCWO) ("374Water" or the "Company"), a leading cleantech and environmental services company deploying supercritical water oxidation technology for the permanent destruction of organic waste through its proprietary AirSCWO™, today announced the completion of Phase 1 of the St. Cloud, Minnesota campaign and provided an update on operations of its mobile AirSCWO system.

Project Update

The St. Cloud deployment is being conducted under a $600,000 Waste Destruction Services contract with the City of St. Cloud, in partnership with Barr Engineering, at the City's Nutrient, Energy, and Water Recovery Facility. This facility is a national leader, known for its innovative resource recovery practices.  Receiving approximately 10 million gallons daily, the facility exemplifies a culture of innovation as it consistently pioneers and pilots industry-changing technologies.

 The pilot program is scheduled to run through mid-September 2026, processing undigested and post-thermal hydrolysis digested waste streams as part of the State of Minnesota's LCCMR-supported evaluation of AirSCWO technology for the destruction of PFAS-laden wastes.

374Water’s mobile AirSCWO system departed the Company’s Orlando testing facility in May.

Phase 1 Complete: Class B Biosolids Processing

The mobile AirSCWO system has successfully completed Phase 1 of the St. Cloud deployment, a four-week processing campaign targeting Class B biosolids at solids concentrations of up to 10%. The Company is conducting analyses of Phase 1 performance data and is seeing positive early results consistent with previous AirSCWO campaigns, providing yet another proof point of technology validation.

The mobile system allows for minimal infrastructure in places where that is not viable.

Phase 2 Underway: Class A Lystek Biosolids

Building on the completion of Phase 1, the 374Water field team is now one week into Phase 2 of the deployment, which involves processing Class A Lystek biosolids. Operations have been steady, with no major operational challenges encountered to date. The Company is pleased with the pace of the program and the performance of the mobile system under field conditions.

The campaign has now seen multiple types of biosolids successfully processed with more to come as the project moves forward.

A successful pilot is expected to support Minnesota's broader assessment of AirSCWO for permanent PFAS destruction — an outcome the Company believes could generate multiple millions of dollars in revenue, including recurring annual revenue from ongoing operations and services. The mobile AirSCWO system is estimated to have the potential to generate between $500,000 and $1.5 million in annual revenue per unit, depending on deployment cadence, waste stream composition, and contract structure.  We are seeing eager demand for this system and are excited to announce the successive campaign following successful performance in Minnesota.

Expanding the Mobile AirSCWO Commercial Pipeline

Beyond the LCCMR project, 374Water's solutions team is actively developing additional projects that will follow this deployment and are designed to demonstrate the full commercial capabilities of AirSCWO in a mobile configuration. The Company is encouraged by the interest it is seeing across multiple end markets and believes the St. Cloud deployment is building a foundation for a scalable, recurring mobile services business.

“We are proud of our field team and the steady, professional operations they have delivered since day one in St. Cloud,” said Brad Meyers, Chief Operating Officer of 374Water. “Phase 1 is complete with strong early data, and Phase 2 is off to an equally solid start. What we’re seeing in the field validates both the reliability of the technology and the commercial model. Importantly, this deployment is reinforcing what we’re already hearing from the market — demand for mobile AirSCWO services is real and growing, both as a complement to our expanding fixed-site WDS business and as a demonstration platform that is opening doors with new customers.”

374Water will continue to provide updates on the St. Cloud pilot program, Phase 2 performance results, and the development of follow-on mobile deployments as they become available.

374Water has had a few PRs that gave revenue figures and the SP never reacted to these revenue announcements, but I don't see how the SP won't be able to move when the quarters finally hit and we see the huge ramp up in revenue, so my goal of this post is to list these revenue announcements and then fit them in to future quarters for this year.

Date	Revenue	Source
June 9th	Expanded Iron Bridge Facility to Add 88,000 Gallons of Tank Storage, Upgraded AirSCWO™ Capacity Targeting $3M-$5M in Annual WDS Revenue at Initial Scale with Ongoing Negotiations to Double Capacity and Revenue Potential	https://finance.yahoo.com/sectors/energy/articles/374water-expands-orlando-partnership-amended-120000402.html
June 2nd	This achievement unlocks the ability to progress towards successive milestones and the remaining $3M on the contract as milestones are achieved.	https://finance.yahoo.com/sectors/energy/articles/374water-advances-solution-worlds-growing-120000117.html
May 12th	The mobile AirSCWO system is being deployed under a $600,000 Waste Destruction Services contract with the City of St. Cloud ... through mid-September 2026	https://finance.yahoo.com/sectors/energy/articles/374waters-mobile-airscwo-system-arrives-123500556.html
Q1 earnings	Received the purchase order and associated milestone payment of $2.2M from Garney Construction for the City of Olathe sale and services contract. The total contract is valued at more than $4.5M.	https://www.sec.gov/Archives/edgar/data/933972/000165495426004906/scwo_ex991.htm

Q1 was only 0.55M revenue, so Q2+ should be easily able to get much higher than that, like even 1M would be a QoQ increase of 100% (which sounds good and can be noticed especially by non human traders).

If we even just add up these 4 things that's 11.1M (using 3M for Iron Bridge's revenue) but I'll minus 2.2M from Olathe since it says they've already received 2.2M but then again actually no I won't remove that because clearly that revenue hasn't been recognized in Q1 if Q1 was only 0.5M.

So just these 4 things if spread out evenly over the rest of the year would be an average of 3.7M, but I don't want to be too optimistic and look like a fool so lets say maybe just 6M for the next 3 quarters, now look at how good 6M would look on the revenue chart where it goes 1M for Q2 2M for Q3 and 3M for Q4:

https://preview.redd.it/90iteoomiv8h1.png?width=2363&format=png&auto=webp&s=de2b8fa370aa831f616f8022eed7b2242e1869f1

That's how good the revenue chart for SCWO could look in 9 months when Q4 has been released. The market won't be able to ignore revenue growth like that. We're getting to invest in SCWO just before the revenue takes off.