ClearSign Technologies Corporation (CLIR): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how companies tackle emissions while boosting efficiency? ClearSign Technologies Corporation (CLIR) is making waves with its innovative industrial combustion and sensing technologies, but how exactly do they do it? With a focus on reducing emissions, enhancing energy efficiency, and ensuring operational safety, ClearSign's patented solutions are integrated into OEM products, offering scalability across diverse sectors; keep reading to discover how ClearSign is revolutionizing industries and what makes their approach unique, especially after reporting $3.6 million in revenue for 2024!

ClearSign Technologies Corporation (CLIR) History

ClearSign Technologies Corporation Founding Timeline

Year established

ClearSign Technologies Corporation was established in 1998.

Original location

The company was originally located in Seattle, Washington.

Founding team members

The founding team included William (Bill) Decker, who served as the initial CEO.

Initial capital/funding

Details regarding the specific initial capital or funding amounts are not readily available in the provided search results.

ClearSign Technologies Corporation Evolution Milestones

ClearSign Technologies Corporation Transformative Moments

• Strategic Shift to Combustion Technologies: The formation of ClearSign Combustion Corporation in 2002 signaled a pivotal move towards focusing on combustion technologies aimed at reducing emissions.
• Going Public: The IPO in 2010 was a transformative event, providing the company with increased visibility and access to capital markets, supporting its growth and expansion plans.
• Key Partnerships and Contracts: Agreements with major industry players, such as the 2013 agreement for OTSG burner technology and contracts with California refineries in 2017, validated the market potential of its technologies.
• Technological Advancements: Continuous improvements and innovations in its core technology, focusing on ultra-low NOx emissions, have been crucial in maintaining a competitive edge and meeting stringent environmental regulations.

To gain further insights into the company's guiding principles, explore the Mission Statement, Vision, & Core Values of ClearSign Technologies Corporation (CLIR).

ClearSign Technologies Corporation (CLIR) Ownership Structure

ClearSign Technologies Corporation features a mix of institutional, retail, and insider ownership, shaping its governance and strategic direction. Understanding this structure provides insight into the company's decision-making processes and stakeholder influences.

ClearSign Technologies Corporation's Current Status

ClearSign Technologies Corporation is a publicly traded company, listed on the Nasdaq Capital Market under the ticker symbol CLIR. This means that shares of the company are available for purchase by the general public, and the company is subject to the rules and regulations set forth by the U.S. Securities and Exchange Commission (SEC).

ClearSign Technologies Corporation's Ownership Breakdown

The ownership of ClearSign Technologies is distributed among various types of shareholders. Here's a breakdown:

ClearSign Technologies Corporation's Leadership

ClearSign Technologies is guided by a team of experienced leaders who steer the company's strategic initiatives and operational execution. Here are some key members of the leadership team:

• James J. Deller: President and Chief Executive Officer
• Brian A. Fannin: Chief Financial Officer
• Ricardo A. James: Vice President of Engineering

These individuals, along with other key managers, are instrumental in driving ClearSign Technologies forward. For more insight into the company's guiding principles, explore Mission Statement, Vision, & Core Values of ClearSign Technologies Corporation (CLIR).

ClearSign Technologies Corporation (CLIR) Mission and Values

ClearSign Technologies is dedicated to developing and deploying technologies that aim to improve energy efficiency and reduce emissions. The company focuses on creating solutions for industrial and commercial applications, striving for environmental sustainability and operational improvements for its clients.

ClearSign Technologies' Core Purpose

Official mission statement

While ClearSign Technologies doesn't have a prominently displayed, single official mission statement readily available in public filings or on their primary website, their core purpose is evident through their activities and technology focus. ClearSign is dedicated to:

• Developing and commercializing technologies that enhance energy efficiency.
• Significantly reducing emissions in industrial processes.
• Providing solutions that improve operational performance for their customers.

This is reflected in their work with combustion technologies and emission monitoring.

Vision statement

ClearSign Technologies envisions a future where its innovative technologies are integral to:

• Setting new standards for clean and efficient energy utilization in various industries.
• Becoming a leader in providing advanced solutions for emission reduction and process optimization.
• Expanding the application of its technologies to address global environmental challenges.

Company slogan/tagline

ClearSign Technologies does not have a widely publicized official slogan or tagline. However, considering their focus, a fitting tagline might emphasize their commitment to innovation and environmental responsibility. Here are a few possibilities that align with their mission:

• 'Innovating Clean Combustion.'
• 'Engineering a Sustainable Future.'
• 'Advanced Technology, Cleaner Emissions.'

These options reflect the company's dedication to improving industrial processes through advanced technology and environmental stewardship.

To gain more insights into ClearSign Technologies Corporation's financial standing, consider exploring: Breaking Down ClearSign Technologies Corporation (CLIR) Financial Health: Key Insights for Investors

ClearSign Technologies Corporation (CLIR) How It Works

ClearSign Technologies Corporation specializes in the design and development of technologies that aim to improve energy efficiency and reduce emissions from industrial processes. The company primarily focuses on combustion and sensing systems.

ClearSign Technologies Corporation's Product/Service Portfolio

ClearSign Technologies Corporation's Operational Framework

ClearSign Technologies operates through a framework centered on innovation, engineering, and strategic partnerships. The company’s operations can be described as follows:

• Technology Development: ClearSign invests in research and development to create and refine its core technologies. This includes computational fluid dynamics (CFD) modeling and pilot-scale testing.
• Engineering and Design: The company provides custom engineering solutions tailored to meet the specific needs of its clients. This involves designing and integrating its Duplex™ and ECO systems into existing infrastructure.
• Manufacturing and Assembly: ClearSign partners with contract manufacturers to produce system components. Quality control is maintained throughout the manufacturing process to ensure reliability and performance.
• Sales and Marketing: ClearSign targets key industry players through direct sales, industry conferences, and strategic partnerships. The focus is on demonstrating the economic and environmental benefits of its technologies.
• Project Execution: ClearSign manages projects from initial assessment to commissioning. This includes site surveys, system installation, and performance testing to ensure that systems meet or exceed expectations.

ClearSign Technologies Corporation's Strategic Advantages

ClearSign Technologies possesses several strategic advantages that enable it to compete effectively in the emissions reduction and energy efficiency sectors:

• Patented Technology: ClearSign holds patents for its Duplex™ and Electrocatalytic oxidation (ECO) technologies, providing a competitive edge and barriers to entry.
• Ultra-Low Emissions Performance: ClearSign's Duplex™ technology achieves NOx emissions significantly lower than traditional combustion technologies, meeting stringent environmental regulations.
• Scalability and Flexibility: ClearSign's solutions are designed to be scalable and adaptable to a wide range of industrial applications, offering flexibility to customers with varying needs.
• Strategic Partnerships: ClearSign collaborates with industry partners to expand its market reach and accelerate technology adoption. These partnerships provide access to new markets and expertise.
• Focus on Innovation: ClearSign’s commitment to continuous innovation ensures it remains at the forefront of emissions reduction and energy efficiency technologies.

To gain more insights into investor behavior and company performance, explore: Exploring ClearSign Technologies Corporation (CLIR) Investor Profile: Who’s Buying and Why?

ClearSign Technologies Corporation (CLIR) How It Makes Money

ClearSign Technologies Corporation primarily generates revenue through the sale of its process burner and flare technologies, which are designed to reduce emissions and improve operational efficiency for industrial clients.

ClearSign Technologies Corporation's Revenue Breakdown

ClearSign Technologies Corporation's revenue streams can be broken down based on technology sales and related services. Keep in mind that the specific percentages may fluctuate annually based on project deliveries and market conditions.

ClearSign Technologies Corporation's Business Economics

ClearSign Technologies Corporation operates within the industrial emissions reduction sector, where economic fundamentals are driven by environmental regulations and the operational needs of industries such as oil and gas, chemical processing, and power generation.

• Pricing Strategy: ClearSign employs a value-based pricing strategy, reflecting the economic benefits its technology offers through emissions reduction, operational efficiency, and compliance with environmental standards.
• Economic Drivers: Demand for ClearSign's products is heavily influenced by increasingly stringent environmental regulations, tax credits, and incentives for adopting cleaner technologies, and the rising costs associated with traditional, less efficient systems.
• Cost Structure: The company's cost structure includes R&D expenses, manufacturing costs, sales and marketing expenditures, and the costs associated with project implementation and ongoing service agreements.

ClearSign Technologies Corporation's Financial Performance

ClearSign Technologies Corporation's financial performance can be evaluated based on several key metrics that demonstrate the company's growth trajectory and operational efficiency.

• Revenue Growth: Monitoring the year-over-year revenue growth indicates the market's acceptance of ClearSign's technologies and the effectiveness of its sales strategies.
• Gross Margin: The gross margin, which reflects the difference between revenue and the cost of goods sold, highlights the profitability of ClearSign's products and services.
• Operating Expenses: Analyzing operating expenses as a percentage of revenue provides insights into the company's operational efficiency and cost management.
• Net Income/Loss: Tracking net income or loss helps to understand the company's overall profitability and its ability to generate returns for investors.
• Cash Flow: Assessing cash flow from operations, investing, and financing activities is crucial for evaluating the company's financial stability and its capacity to fund future growth initiatives.

To gain more insights about ClearSign Technologies Corporation, check this out: Exploring ClearSign Technologies Corporation (CLIR) Investor Profile: Who’s Buying and Why?

ClearSign Technologies Corporation (CLIR) Market Position & Future Outlook

ClearSign Technologies Corporation is navigating a specialized market with its innovative Duplex™ and Electrorod technologies aimed at improving combustion efficiency and emissions reduction. The company's future hinges on expanding its market reach and successfully deploying its technologies across various industrial applications.

Competitive Landscape

The competitive landscape for ClearSign involves companies specializing in emissions reduction technologies and combustion optimization. While specific market share data as of April 2025 is not available, a general overview provides context:

Opportunities & Challenges

ClearSign faces both opportunities and risks as it seeks to grow in the combustion and emissions control market:

Industry Position

ClearSign Technologies occupies a niche position within the broader combustion and emissions control industry.

• Technology Differentiation: ClearSign's Duplex™ and Electrorod technologies offer unique capabilities in terms of combustion efficiency and emissions reduction, setting it apart from conventional solutions.
• Market Focus: The company primarily targets specific applications within the refining, petrochemical, and energy industries, allowing it to tailor its solutions to meet specific customer needs.
• Growth Potential: ClearSign has the potential to expand its market share by capitalizing on opportunities in emerging markets and applications, as well as through strategic partnerships and collaborations.

To gain more insights into the company's financial standing, explore: Breaking Down ClearSign Technologies Corporation (CLIR) Financial Health: Key Insights for Investors