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FAQ: Birchtech's Patent Infringement Settlement and Water Purification Expansion
TL;DR
Birchtech Corp. gains a $78 million patent victory, securing market dominance and new utility contracts that could double its market share in the U.S. coal-fired power fleet.
The court awarded Birchtech $78 million through pre- and post-judgment interest on a 2024 patent infringement verdict against refined coal companies, resolving final legal motions.
Birchtech will use settlement funds to expand water purification technologies, removing harmful PFAS contaminants from drinking water more efficiently and sustainably for communities.
Birchtech's patent win dates back to 2019 lawsuits against 43 defendants, with proceeds funding water projects that already have $900,000 in purchase orders.
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Birchtech Corp. received a judge's decision in its patent lawsuit, with an expected final judgment of approximately $78 million from a settlement against refined coal companies, which it plans to use to expand its water purification business.
Birchtech expects approximately $78 million, up from the initial $57 million jury award, because the court increased the judgment amount by awarding pre-judgment interest compounded quarterly at the prime rate and post-judgment interest, though it did not increase it for willful infringement.
The lawsuit dates back to July 2019 against 43 defendants, including four major power utilities and numerous refined coal companies, with some defendants settling in late 2023 and others continuing through trials and additional lawsuits filed in 2024.
Birchtech will use the settlement proceeds to aggressively expand and grow its water purification business, specifically to develop new technologies to remove harmful contaminants like PFAS (forever chemicals) from drinking water more efficiently, sustainably, and affordably.
The settlement validates Birchtech's patented clean air technology, which is expected to significantly increase its market share across the U.S. coal-fired power fleet and lead to new licenses and supply contracts with utilities using its technologies for mercury emissions capture.
The water purification unit already has purchase orders totaling $900,000 from a mid-Atlantic power utility and has inked additional deals, though the content cuts off before providing full details on other agreements.
U.S. District Court Judge Christopher J. Burke ordered the final judgment to be submitted no later than December 23, 2025, following his final opinion on the case.
The jury trial occurred in the U.S. District Court of Delaware, and subsequent lawsuits filed in July 2024 were consolidated and centralized in the Southern District of Iowa by December 2024.
Richard MacPherson is the CEO of Birchtech, who stated that the settlement is 'an unequivocal validation of our patented technology claims' and will help the company aggressively advance its water purification technologies.
The settlement provides substantial capital to expand the water purification business, strengthens the company's patent position in clean air technology leading to potential new licenses and contracts, and resolves long-standing litigation dating back to 2019.
Curated from NewMediaWire
