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Birchtech ( (BCHT) ) has issued an update.
Birchtech Corp. has filed a patent infringement lawsuit against Evergy and its subsidiaries in a U.S. District Court, alleging unauthorized use of its mercury emissions reduction technologies. This legal action underscores Birchtech’s ongoing efforts to protect its patents, which are crucial for its strategic growth in clean air and water purification technologies, and follows a successful outcome in a previous lawsuit against other power utilities, highlighting its commitment to defending its intellectual property and fostering industry partnerships.
More about Birchtech
Birchtech Corp. is a leader in specialty activated carbon technologies, focusing on air and water purification solutions to foster a cleaner, more sustainable future. The company operates through its divisions ME2C Environmental, which specializes in SEA® sorbent technologies for mercury emissions capture in the coal-fired utility sector, and WE2C Environmental, which is dedicated to developing water purification technologies targeting persistent chemicals like PFAS and PFOS.
YTD Price Performance: 11.32%
Average Trading Volume: 82,467
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $56.13M
See more insights into BCHT stock on TipRanks’ Stock Analysis page.
