transitioned to Birchtech Corp., an s expansion that was built from over a decade of success in mercury emissions capture technologies for power generation to progressive growth in the massive potable water treatment market. Through Birchtech Corp., ME2C Environmental and WE2C Environmental will produce sustainable environmental technologies to clean air and water that are more sustainable, effective, and affordable than solutions currently available. Birchtech’s shareholders saw a successful graduation on Canada’s Venture Board for small caps and developing issuers onto the main Toronto Stock Exchange. The broader listing provides access to new investors across Canada, Europe, and Asia among both retail and institutional investor markets.
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A defining achievement in 2024 was the successful protection of the Company’s patents in their core mercury emissions technology. Birchtech received a unanimous jury award of $57 Million in its 2019 patent infringement lawsuit that culminated in a jury trial in early March 2024. This jury award was successful in bringing awareness to the industry of the Company’s patent rights. ME2C Environmental seeks a positive business relationship with utilities & has obtained new licensees of their technology this year. The current final judgement ruling from the U.S. District Court of Delaware is expected to be issued in the near term & is expected to further reinforce the value and significance of these highly innovative, important technologies. In 2024, three additional lawsuits were filed against a collective total of 14 defendants, including multiple power utilities. Progress in this 2024 lawsuit continues into 2025 as the Company expects to reach additional license and/or supply agreements with some of the defendants.
View Press Release →To date, Birchtech has repaid all remaining debt, $13.1 Million, to its primary financial partner, Alterna Capital. The company remains debt-free with no immediate need for capital. The Company’s other higher G&A expenses, including legal fees, will be reduced in 2025 and moving forward. Birchtech’s core business revenues are expected to remain stable over the next few years while growth ramp’s during 2025 in WE2C’s new technologies for the sizable water treatment market.
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This year saw the successful launch of WE₂C Environmental, Birchtech’s new division focused on potable water purification technologies, including two new on state-of-the-art laboratory “design centers”. This strategic expansion targets the critical need for effective and affordable PFAS removal, in alignment with forthcoming EPA regulations, signalling our proactive approach in addressing global environmental challenges. 2025 will see the introduction of new reactivation technologies and products targeted to the potable water treatment sector.
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Enhancing our strategic direction, we welcomed esteemed professionals, including Dr. David Mazyck, Dennis Baranik, and Isaac Post to the WE2C Environmental eadership team. Their profound expertise in the activated carbon sector, combined with the existing credentials of ME2C Environmental’s R&D, is instrumental as Birchtech expands its footprint in the environmental sector, particularly in specialized water treatment solutions. 2025 will include additional support to WE2C’s business development and R&D growth with new staff in the Design Centers and other areas of Operations.
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In 2024, we announced the establishment of new research and development laboratory “Design Centers” dedicated to advancing water treatment processes. These facilities located in strategic areas to serve multiple markets, are pivotal in bolstering our research capabilities, ensuring that our technological solutions continue to lead the market in innovation and regulatory compliance.
View Press Release →The rebranding to Birchtech Corp. reflects an evolved corporate vision and a reinforced commitment to pioneering more efficient and cost-effective environmental technologies, thus ensuring a sustainable and safer future.
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As we look toward 2025, Birchtech is strategically positioned to introduce several transformative initiatives:
We will focus on the commercialization of our new activated carbon products, aiming to significantly increase our revenue streams.
We will expand our market reach and annual revenues through new business partners, strategic joint ventures, acquisitions, and leveraging our industry partnerships.
The demand for our patented mercury emissions control technologies is expected to be augmented by the anticipated increase in supply demand as the U.S. Administration seeks to extend the operational life of certain coal-fired power plants. ME2C’s growing awareness across the industry, based on success in patent protection efforts, is estimated to increase the Company’s market share in power generation
We are set to launch ground breaking technologies for the removal of PFAS from potable drinking water, establishing new benchmarks for the industry.
We anticipate an uplisting to a major U.S. stock exchange, dependent on reaching a stock value of $2 among other criteria, to broaden our investor base and enhance shareholder value.
Our ongoing commitment to protecting our intellectual property will be reinforced through continued legal actions against new infringing parties identified in our 2024 lawsuits
Birchtech is unwavering in its commitment to driving industry-leading innovation while fostering a sustainable and environmentally responsible future. We invite stakeholders to engage with our ongoing initiatives and track our progress through our dedicated communication channels.
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