Birchtech Secures License & Supply Bidding Agreements with Two Power Utilities
Birchtech (OTCQB: BCHT) has secured non-exclusive license and supply bidding agreements with two affiliated coal-fired power utilities, previously named as defendants in the company's 2024 Iowa patent litigation. The agreements include a one-time license fee and grant Birchtech 5-year rights to participate in the utilities' bidding process for mercury emissions capture products.
As a result, Birchtech has dismissed claims against these utilities and their parent company from the Iowa lawsuit, while maintaining claims against remaining non-affiliated defendants. CEO Richard MacPherson highlighted that the company has now established business relationships with 4 utilities from the consolidated Iowa lawsuits and has reached a total of 12 license and/or supply agreements with coal-fired utilities since 2019.
Birchtech (OTCQB: BCHT) ha ottenuto accordi non esclusivi di licenza e fornitura con due utility affiliate che gestiscono centrali a carbone, precedentemente citate come imputate nella causa per brevetto in Iowa del 2024. Gli accordi prevedono un corrispettivo di licenza una tantum e concedono a Birchtech i diritti per 5 anni di partecipare alle gare per prodotti di cattura delle emissioni di mercurio.
Di conseguenza, Birchtech ha ritirato le accuse contro queste utility e la loro società madre dalla causa in Iowa, mantenendo però le pretese contro gli altri imputati non affiliati. Il CEO Richard MacPherson ha sottolineato che l'azienda ha ora instaurato rapporti commerciali con 4 utility coinvolte nelle cause consolidate in Iowa e ha raggiunto in totale 12 accordi di licenza e/o fornitura con utility a carbone dal 2019.
Birchtech (OTCQB: BCHT) ha asegurado acuerdos no exclusivos de licencia y suministro con dos empresas eléctricas afiliadas que operan plantas de carbón, anteriormente nombradas como demandadas en la demanda por patentes de Iowa de 2024. Los acuerdos incluyen una tarifa de licencia única y otorgan a Birchtech derechos por 5 años para participar en los procesos de licitación de las empresas para productos de captura de emisiones de mercurio.
Como resultado, Birchtech ha retirado las reclamaciones contra estas empresas y su matriz de la demanda en Iowa, manteniendo las acciones contra los restantes demandados no afiliados. El CEO Richard MacPherson señaló que la compañía ha establecido ahora relaciones comerciales con 4 empresas eléctricas de las demandas consolidadas en Iowa y ha alcanzado un total de 12 acuerdos de licencia y/o suministro con empresas de carbón desde 2019.
Birchtech (OTCQB: BCHT)는 2024년 아이오와 특허 소송에서 피고로 지목됐던 두 개의 계열 석탄화력 발전소와 비독점적 라이선스 및 공급 입찰 계약을 체결했습니다. 이들 계약에는 일회성 라이선스 수수료가 포함되며, Birchtech에 수은 배출 포집 제품의 입찰 절차에 참여할 수 있는 5년 권리를 부여합니다.
이에 따라 Birchtech는 이들 발전소와 모회사를 아이오와 소송에서 상대로 한 청구를 기각했으나, 계열사가 아닌 나머지 피고들에 대한 청구는 유지했습니다. CEO 리처드 맥퍼슨은 회사가 현재 아이오와 통합 소송에 포함된 4개 발전소와 비즈니스 관계를 맺었다고 강조했으며, 2019년 이후 석탄 발전소와의 총 12건의 라이선스 및/또는 공급 계약을 체결했다고 밝혔습니다.
Birchtech (OTCQB: BCHT) a conclu des accords non exclusifs de licence et d'approvisionnement avec deux services publics affiliés exploitant des centrales à charbon, précédemment cités comme défendeurs dans le litige relatif à un brevet dans l'Iowa en 2024. Les accords prévoient des frais de licence uniques et accordent à Birchtech des droits de 5 ans pour participer aux appels d'offres des services pour des produits de capture des émissions de mercure.
En conséquence, Birchtech a retiré ses poursuites contre ces services publics et leur société mère dans l'affaire de l'Iowa, tout en maintenant ses actions contre les défendeurs non affiliés restants. Le PDG Richard MacPherson a souligné que la société a désormais établi des relations commerciales avec 4 services publics issus des procès consolidés de l'Iowa et a conclu au total 12 accords de licence et/ou d'approvisionnement avec des centrales à charbon depuis 2019.
Birchtech (OTCQB: BCHT) hat nicht-exklusive Lizenz- und Liefer-Bietvereinbarungen mit zwei verbundenen Kohlekraftwerksversorgern abgeschlossen, die zuvor als Beklagte in der Patentklage des Unternehmens in Iowa 2024 genannt wurden. Die Vereinbarungen beinhalten eine einmalige Lizenzgebühr und gewähren Birchtech 5-Jahres-Rechte, am Vergabeverfahren der Versorger für Produkte zur Erfassung von Quecksilberemissionen teilzunehmen.
Infolgedessen hat Birchtech Ansprüche gegen diese Versorger und deren Muttergesellschaft aus der Iowa-Klage fallen gelassen, behält jedoch Ansprüche gegen die verbleibenden nicht verbundenen Beklagten bei. CEO Richard MacPherson betonte, dass das Unternehmen nun Geschäftsbeziehungen mit 4 Versorgern aus den konsolidierten Iowa-Klagen aufgebaut hat und seit 2019 insgesamt 12 Lizenz- und/oder Lieferverträge mit Kohlekraftwerken abgeschlossen hat.
- Secured new license and supply bidding agreements with two power utilities
- Successfully converted litigation defendants into business partners
- Achieved 12 license/supply agreements since 2019, including 8 former defendants
- Company maintains strong position in protecting intellectual property while pursuing business relationships
- Ongoing litigation continues with remaining defendants
- Terms of agreements remain confidential, limiting transparency
New Agreements Result in Removal of Two Affiliated Utilities & Parent Company from Company’s 2024 Iowa Patent Litigation
CORSICANA, Texas, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Birchtech Corp. (TSX: BCHT) (OTCQB: BCHT) ("Birchtech" or the "Company"), a leader in specialty activated carbon technologies for sustainable air and water treatment, today announced non-exclusive agreements with two coal-fired power utilities, affiliated with one another, named as defendants in the Company’s July 2024 lawsuit filed in Iowa for the protection of the intellectual property surrounding the Company’s mercury emissions reduction technologies.
The license and supply bidding agreements with the two affiliated utilities include a one-time license fee and provide the Company with the right for a period of five years to be included in each utility’s bidding process for certain product supply for mercury emissions capture at such party’s operated power plants. Due to confidentiality agreements and ongoing litigation, other specific terms of these agreements cannot be publicly disclosed.
As a result of these agreements, Birchtech has dismissed all claims against these two utilities and their parent company in the lawsuit filed in the Southern District of Iowa. Claims will continue against the remaining non-affiliated defendants in the Iowa lawsuit.
Richard MacPherson, Birchtech CEO, commented: “Following our success in the 2024 jury trial, our outreach across the coal-fired power industry has been effective largely due to our “business-first” approach. Since 2019, our objective has been focused on building solid, strong relationships with these utilities who are already benefitting from our clean air technologies. To date, with the license and supply bidding agreements announced today, we have established business relationships with four utilities from the consolidated lawsuits currently pending in Iowa originally commenced in 2024. These new licensees of our innovative patented technologies will continue to realize lower mercury emissions and gain additional operational improvements and efficiencies through potential future direct supply.
“Since 2019, we have successfully reached 12 license and/or supply agreements with coal-fired utilities, including eight coal-fired utilities previously named as defendants in the 2019 and 2024/2025 lawsuit filings. Additional lawsuits remain outstanding as we seek to protect our intellectual property on behalf of shareholders, and we continue to await the final judgment to be issued from the March 2024 District Court of Delaware jury trial,” concluded MacPherson.
About Birchtech Corp.
Birchtech Corp. (TSX: BCHT) (OTCQB: BCHT) is a leader in specialty activated carbon technologies, serving as America’s Clean Coal and Clean Water Company by delivering innovative solutions for air and water purification to support a cleaner, more sustainable future. The Company provides patented SEA® sorbent technologies for mercury emissions capture for the coal-fired utility sector and is developing disruptive water purification technologies with a specialization on forever chemicals such as PFAS and PFOS. Backed by a strong intellectual property portfolio and a world-class team of activated carbon experts, Birchtech provides cleaner air to North American communities and is applying this expertise to a novel approach in water purification. To learn more, please visit www.birchtech.com.
Safe Harbor Statement
With the exception of historical information contained in this press release, content herein may contain "forward-looking statements" that are made pursuant to the Safe Harbor Provisions of the U.S. Private Securities Litigation Reform Act of 1995 or forward-looking information under applicable Canadian securities laws (collectively, "forward-looking statements"). Forward-looking statements are generally identified by using words such as "anticipate," "believe," "plan," "expect," "intend," "will," and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. Forward-looking statements in this release include statements relating to expected developments and growth in Birchtech’s business. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. In addition, this release contains time-sensitive information that reflects management’s best analysis only as of the date of this release. Birchtech does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance or other forward-looking statements contained in this release can be found in Birchtech’s periodic filings with the Securities and Exchange Commission or Canadian securities regulators.
Investor Relations Contact:
Lucas A. Zimmerman
Managing Director
MZ Group - MZ North America
(949) 259-4987
BCHT@mzgroup.us
www.mzgroup.us
FAQ
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