ClearSign Technologies Corporation Receives Department of Energy Grant to Develop Ultra-Low NOx Hydrogen-Powered Process Burner

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Grant to support scientific innovation in the development of clean energy and climate solutions

Tulsa, Okla., May 24, 2022 /PRNewswire/ — ClearSign Technologies Corporation (Nasdaq: CLIR) (“ClearSign” or the “Company”), an emerging leader in industrial combustion and sensor technologies that improve energy use, operational efficiency and safety while dramatically reducing emissions , announces that the company has received a government grant through the Department of Energy’s Small Business Innovative Research (SBIR) program.

The aim of this project is to develop an ultra-low NOx hydrogen burner technology that will enable the use of hydrogen fuel for industrial heating and lead to a reduction in industrial emissions of carbon dioxide and nitrogen oxides. Current burners and previous efforts to decarbonize industrial combustion processes through the use of hydrogen fuel are hampered by the lack of industrial hydrogen burners capable of burning pure hydrogen while preventing additional nitrogen oxide (NOx) emissions.

“We are grateful to the DOE for this grant and for recognizing the potential of ClearSign Core™ technology to provide burners for the evolving hydrogen economy, which has the potential to have significant global impacts, while reducing the pollutant emissions required to maintain a healthy environment of today,” said Jim Deller, Ph.D., Chief Executive Officer of ClearSign. “We have previously demonstrated our current ClearSign Core burner technology in full operation with over 80% hydrogen in the fuel gas and are confident that we can are committed to providing low-emission burner technology to meet the needs of the evolving hydrogen-powered industrial burner applications,” continued Dr. Deller gone.

The project and funding will be in phases. The initial grant is approx $250,000 The project will last six months from the end of June. If necessary, and upon completion of Phase 1 work, the Company may submit a follow-up proposal to continue development work with a Phase 2 grant. Phase 2 grant funding can be up to $1.6 million for a two-year term.

Through the SBIR/STTR program across the federal government, small businesses fuel the US economy and create thousands of jobs, both directly and indirectly, the DOE notes. DOE Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Awards aim to convert DOE-supported scientific and technological breakthroughs into viable products and services. The awards also support the development of specialized technologies and instruments that aid in scientific discovery.

Additional information on all of the projects announced today by the DOE is available at the following link: https://science.osti.gov/sbir

About ClearSign Technologies Corporation

ClearSign Technologies Corporation designs and develops products and technologies aimed at improving key performance characteristics of industrial and commercial systems, including operational performance, energy efficiency, emissions reduction, safety and overall cost-effectiveness. Our patented technologies, embedded in established OEM products such as ClearSign Core™ and ClearSign Eye™ and other sensor configurations, improve the performance of combustion systems and fuel safety systems in a variety of markets including energy (upstream oil production and downstream power refining), commercial/industrial boilers , chemical, petrochemical, transportation and energy industries. Visit www.clearsign.com for more information.

Cautionary Note Regarding Forward-Looking Statements

All statements in this press release that are not historical facts are “forward-looking statements.” You can find many (but not all) of these statements by searching for words like approximately, believe, hope, expect, anticipate, estimate, forecast, intend. “plans”, “would”, “should”, “could”, “may”, “will” or other similar expressions. While management has based any forward-looking statements contained in this press release based on its current expectations, the information on which such expectations were based is subject to change. These forward-looking statements are based on a number of assumptions about future events and are subject to a number of risks, uncertainties and other factors, many of which are beyond our control, which could cause actual results to differ materially from these statements. These risks, uncertainties and other factors include, but are not limited to, our performance of the Phase I work and the likelihood of our applying for and being approved for Phase II grant funding, general business and economic conditions, the performance of the management and our employees, the performance of our products, our ability to obtain financing, competition, whether our technology is accepted and adopted, and other factors detailed in our annual report on Form 10-K filed with the Securities and Exchange Commission was filed and at www.sec .gov and other factors identified in our periodic and current reports available at www.sec.gov. In addition, we operate in a competitive environment in which new and unexpected risks can arise. Accordingly, investors should not rely on any forward-looking statement as a prediction of actual results. We disclaim any intention and assume no obligation to update or revise any forward-looking statements to reflect events or circumstances that subsequently occur or of which we subsequently become aware.

SOURCE ClearSign Technologies Corporation

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