Birchtech Secures License Agreement with Large Regional Power Utility Company

Core Insights - Birchtech Corp. has reached a non-exclusive license agreement with a regional coal-fired power utility, resolving a lawsuit regarding patented mercury emissions reduction technologies [1][2] - The agreement allows Birchtech to dismiss all claims against this utility while continuing claims against other defendants in the consolidated lawsuits [2][4] - The CEO of Birchtech highlighted that licensing agreements have been a successful strategy, providing cash flow to support new technologies in water treatment [3] Company Overview - Birchtech Corp. specializes in activated carbon technologies aimed at sustainable air and water treatment, focusing on mercury emissions capture for coal-fired utilities [5] - The company has established business relationships with five utilities from the ongoing lawsuits and has reached a total of 13 license and/or supply agreements since 2019 [4] - Birchtech is also developing innovative water purification technologies targeting persistent pollutants like PFAS and PFOS [5]