Birchtech Receives Decision Increasing Its Judgment Amount to Approximately $78 Million from U.S. District Court of Delaware in Patent Infringement Case Against Major Energy Companies

Core Insights - Birchtech Corp. has received a favorable court ruling regarding patent infringement against refined coal companies, leading to a proposed final judgment of approximately $78 million [3][4][6] - The court's decision includes pre-judgment and post-judgment interest, enhancing the financial outcome for the company [2][3] - The ruling is expected to significantly increase Birchtech's market share in the coal-fired power sector, potentially doubling it in the next few years [6][8] Legal Proceedings - The lawsuit initiated in July 2019 involved 43 defendants, including major power utilities, resulting in a $57 million jury verdict for willful infringement [4][5] - Birchtech has secured nine license and supply agreements with coal-fired utilities, generating approximately $37 million in fees and settlements prior to the latest court ruling [5][6] - The court has mandated that a proposed final judgment be submitted by December 23, 2025 [3] Business Strategy and Future Outlook - The court ruling is seen as a validation of Birchtech's patented technologies, which will facilitate the expansion of its business relationships with utilities [6][7] - The company is focusing on developing new water purification technologies aimed at removing harmful contaminants like PFAS, positioning itself for future growth [7][9] - Over the next 12 to 18 months, Birchtech plans to execute operational catalysts that could create sustainable value for shareholders [8]