Birchtech (OTCPK:BCHT) Conference Transcript

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]