Summary of Birchtech Conference Call - October 09, 2025 Company Overview - **Company**: Birchtech (OTCPK:BCHT) - **Industry**: Clean Air and Clean Water Technologies Key Points Regulatory Environment - Strong regulatory support from MATS regulations and water purification regulations being adopted at state and national levels [1][2] Growth Opportunities - Three main growth areas identified: expanding business, defending intellectual property, and growth in clean water technologies [1] - Clean air business is expected to grow with settlements from power plants using Birchtech's technology [1][3] Intellectual Property and Legal Matters - Significant patent value in clean air technologies, with $35 million collected and a request for $160 million in final settlement from a federal court case [2][4] - Ongoing litigation with settlements expected in the coming months, with a strong track record of favorable outcomes [4][5] Clean Water Technologies - Expertise in granular activated carbon (GAC) seen as a key growth area, with over 50% of states adopting PFAS limits, creating a multi-billion dollar market opportunity [2][5] - Plans to build a reactivation facility expected to be operational by the end of 2026 [3][6] Financial Projections - Revenue run rate could reach upwards of $40 million by the end of 2026, with a base estimate of $18 million for 2025 [3][4] - Projected profit margins for GAC expected to be between 30% to 50% [6] Market Positioning - Birchtech is well-positioned to lead in solutions for PFAS and PFO pollution, with a focus on cost-effective water purification technologies [7][9] - The company has established analytical labs and design centers to support utilities in meeting regulatory requirements [9][12] Upcoming Catalysts - Anticipation of final judgment from the U.S. federal court by the end of the year, with a jury award of $57 million [12][13] - First commercial sales in the water treatment market expected in Q4 2025, with a solid sales pipeline [13][24] Strategic Initiatives - Plans to uplist to a major U.S. exchange, targeting the New York Stock Exchange by the end of the year [14][23] - Increased focus on building relationships with utilities and engineering firms to enhance market penetration [20][24] Environmental Impact - Birchtech emphasizes the environmental benefits of reactivating carbon rather than producing new carbon, significantly reducing emissions [10][11] Conclusion - Birchtech is at a pivotal stage with significant developments expected in the coming months, including new partnerships, product launches, and potential legal settlements [31]

Core Insights - Fuel Tech, Inc. has received air pollution control (APC) orders valued at approximately $3.2 million from customers in the US, Europe, and Southeast Asia [1] Group 1: Orders and Customers - A repeat domestic customer has placed an order for a Selective Catalytic Reduction (SCR) system and an aqueous ammonia reagent delivery system for a new production plant in the Western US, marking the sixth order from this customer in two decades, with expected deliveries in Q3 2026 [2] - An existing customer in Europe has ordered an aqueous ammonia delivery and injection system for renewable energy facilities aimed at supporting green hydrogen production, with deliveries also expected in Q3 2026 [3] - A new global refinery customer in Southeast Asia has ordered an SCR system using anhydrous ammonia, with deliveries expected in Q4 2025 [4] Group 2: Company Overview and Technology - Fuel Tech specializes in advanced engineering processes for emissions control and water treatment technologies, enabling cost-effective and environmentally sustainable operations [5] - The company is a leader in nitrogen oxide (NOx) reduction and particulate control technologies, with over 1,300 installations worldwide [5] - Fuel Tech's FUEL CHEM® technology enhances combustion unit efficiency and environmental status by managing slagging, fouling, corrosion, and opacity [5] - The company also offers DGI® Dissolved Gas Infusion Systems for various applications in water and wastewater industries, utilizing patented technologies for effective treatment [5]

Core Insights - Fuel Tech, Inc. has announced the receipt of air pollution control orders valued at approximately $1.4 million from both new and existing customers in the US and Europe [1] Group 1: New Contracts and Orders - A new contract was secured for an ULTRA® system to be installed on a natural gas turbine at a medical facility in the Midwest, with delivery expected in Q4 2025 [2] - An order was received for a Selective Non-Catalytic Reduction (SNCR) system for a biomass-fired unit in Europe, following a successful demonstration project, with delivery scheduled for Q3 2025 [3] - A domestic contract was awarded for advanced engineering services for a biomass unit, marking the first step towards an Advanced Selective Non-Catalytic Reduction (ASNCR) system, with completion expected in Q2 2025 [4] Group 2: Financial Performance and Future Outlook - The company has achieved $4 million in near-term contract wins and $5.6 million in announced bookings year to date, with expectations for additional APC contracts by the end of Q2 2025 [5] Group 3: Company Overview and Technology - Fuel Tech specializes in advanced technologies for air pollution control, process optimization, and water treatment, with a strong focus on nitrogen oxide (NOx) reduction and particulate control [6] - The company’s FUEL CHEM® technology enhances the efficiency and environmental status of combustion units, while its water treatment technologies address various applications in the water and wastewater industries [6]

As filed with the Securities and Exchange Commission on May 20, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CLEARSIGN TECHNOLOGIES CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Delaware 3823 26-2056298 (I.R.S. Employer Identification No.) 8023 East 63 Place, Suite 101 Tulsa, Okl ...