Birchtech (BCHT) H.C. Wainwright 28th Annual Global Investment Conference summary

Financial performance and legal developments

• Reported $3.8 million in Q2 revenues and holds approximately $12 million in cash with no debt.

• Awarded over $78 million in a federal court case, now exceeding $80 million with interest, expected to be collected soon.

• All IPR challenges dismissed, strengthening patent position and enabling further legal action against Ameren Corporation.

• Anticipates additional licenses and product revenue from settlements and ongoing legal proceedings.

• Expects significant capital inflow from legal resolutions to support long-term growth.

Business strategy and market expansion

• Focused on activated carbon technologies for air and water contaminant control, with a legacy air business and expanding water segment.

• Targeting the growing PFAS compliance market, estimated at $1.5 billion annually, especially among small to mid-size U.S. communities.

• Building relationships with engineering firms to deliver cost-effective PFAS removal solutions.

• Launching branded resin lines and prioritizing carbon regeneration technology for sustainable water treatment.

• Emphasizes a hands-on, engineering-driven approach to serve community utilities.

Operational developments and future plans

• Operates advanced laboratory and design facilities in North Dakota and Pennsylvania, supporting R&D and pilot projects.

• Announced acquisition of a carbon regeneration facility, expected to be operational by year-end, enabling full-scale water program.

• Plans to announce and build three new plants, with the first to be operational by end of 2027 and additional plants by 2028.

• Strategy prioritizes acquiring and optimizing existing facilities before building new ones from scratch.

• Aims to demonstrate technology and execution capabilities with the first full-scale plant by December.