Montana Technologies LLC has announced that Rice Investment Group has committed to invest $10 million in Montana as part of a private capital raise led by Carrier Ventures. The investment will accelerate the commercialization of Montana's patented AirJoule® system and follows the execution of an agreement between Montana and Carrier Corp. The investment comes ahead of Montana's business combination with Power & Digital Infrastructure Acquisition II Corp. expected in March, where Montana will trade on the NASDAQ under the ticker symbol "AIRJ".