Birchtech Secures License Agreement with Large Regional Utility

Core Insights - Birchtech Corp. has entered into a non-exclusive licensing agreement with a regional coal-fired utility for its patented mercury emissions reduction technologies, which reflects the company's strong position in the specialty activated carbon market [1][2] Licensing Agreement - The licensing agreement includes a one-time fee, but specific terms cannot be disclosed due to confidentiality agreements and ongoing litigation [2] - The utility involved has agreed to withdraw from petitions for Inter Partes Review with the United States Patent and Trademark Office as part of the agreement [2] Company Strategy and Market Position - CEO Richard MacPherson highlighted that the company's outreach has been positively received, emphasizing a "business-first" approach that is appealing to other utilities [3] - Birchtech has successfully secured 14 licensing agreements with coal-fired utilities since 2019, including nine utilities that were previously defendants in lawsuits [4] Product Offerings - Birchtech specializes in activated carbon technologies for air and water purification, focusing on mercury emissions capture and developing solutions for water purification targeting forever chemicals like PFAS and PFOS [5]