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8/14/2025
Greetings and welcome to the Airdrill Technologies second quarter 2025 earnings call. At this time, all participants are in listen-only mode. A question and answer session will follow a formal presentation. If anyone would require operator assistance, please press star zero on your telephone keypad. Please note this conference is being recorded. It's now my pleasure to turn the conference over to your host, Tom Devine, Vice President, Investor Relations and Finance. Thank you. You may begin.
Thank you and good morning. With me today for our second quarter earnings call are Matt Jor, Chief Executive Officer, Pat Eilers, Executive Chairman, Brian Barton, Chief Commercialization Officer, and Steven Peng, Chief Financial Officer. During this call, we'll be referring to a presentation which is available on the webcast platform and on the investor section of our website. I would like to point out that many of the comments made during the prepared remarks and during the Q&A section are forward-looking statements that involve risk and uncertainties that could affect our actual results and plans. Many of these risks are beyond our control and are discussed in more detail in the risk factors and the forward-looking statement sections of our filings with the SEC. Although we believe the expectations expressed are based on reasonable assumptions, they are not guarantees of future performance, and actual results or developments may differ materially. And now I'll turn it over to Matt Jor.
Thanks, Tom, and thanks everybody for joining us today. We're excited to share this morning that AirJewel has now progressed from proving and improving our AirJewel technology to building products and commercialization channels with our global partners. Since going public over a year ago, we've advanced our platform technologies, expanded our partnerships, and set a clear path to market. We're more convicted than ever that our products will enable a sustainable and resilient future for water and energy. That's why I'm eager to reiterate our purpose and vision with you today. Our purpose is clear, freeing the world of its water and energy constraints by delivering groundbreaking sorption technologies. This mission reflects our unwavering commitment to solving two of humanity's most pressing challenges, access to clean water and the increasing energy demand for air conditioning through the transformative power of our platform technologies. It's a bold statement, but it embodies what we've been building since day one. And our vision is equally inspiring and paints the picture of where we're headed, to be the leading technology platform that unleashes the power of water from air. We see a future where communities, industries, and nations can access this abundant resource available in the air all around them. Our platform approach means we aren't just delivering products. We're deploying an ecosystem of solutions, a platform that fundamentally redefines how the world thinks about water and power. This is the path we're on, and it's the future we're building every day. Now let's turn to some of our recent developments that occurred in the second quarter and over the summer. Pat's going to provide an update on our strategic collaborations and projects before I go into some updates on our product and operations. Pat?
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