Montana Technologies, listed on NASDAQ as AIRJ, has entered into a Memorandum of Understanding with Climate Impact (CIC) to integrate their AirJoule® atmospheric water harvesting technology into CIC's renewable hydrogen production modules. The collaboration aims to facilitate hydrogen production at a cost of $2 per kilogram in regions with high sun exposure, such as deserts. CIC is preparing to launch two 10GW renewable hydrogen projects in central Australia, with ambitions for global expansion. The AirJoule® technology, developed through a 50/50 joint venture with GE Vernova, efficiently extracts water from both humid and arid atmospheres. By combining CIC's modular units, equipped with solar panels, atmospheric water generators, and electrolysers, renewable hydrogen can be generated off-grid. This partnership is anticipated to play a significant role in combating climate change and propelling the energy transition forward.