Birchtech Secures License & Supply Bidding Agreements with Two Power Utilities

Core Viewpoint - Birchtech Corp. has reached non-exclusive agreements with two affiliated coal-fired power utilities, resulting in the dismissal of claims against them in a patent litigation case regarding mercury emissions reduction technologies [1][3]. Group 1: Agreements and Legal Outcomes - The agreements include a one-time license fee and grant Birchtech the right to participate in the utilities' bidding processes for mercury emissions capture products over the next five years [2]. - As a result of these agreements, Birchtech has dismissed all claims against the two utilities and their parent company, while continuing claims against other non-affiliated defendants in the Iowa lawsuit [3]. Group 2: Business Strategy and Relationships - Birchtech's CEO highlighted the effectiveness of their "business-first" approach in building relationships with coal-fired power utilities since 2019, leading to the establishment of business relationships with four utilities involved in the ongoing lawsuits [4]. - The company has successfully reached 12 license and/or supply agreements with coal-fired utilities, including eight previously named as defendants in earlier lawsuits [5]. Group 3: Company Overview - Birchtech Corp. specializes in activated carbon technologies for air and water treatment, focusing on mercury emissions capture and developing technologies for water purification, particularly targeting forever chemicals like PFAS and PFOS [6].