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The latest announcement is out from Birchtech ( (BCHT) ).
Birchtech Corp. reported fourth-quarter 2024 revenues of $5.6 million, highlighting the launch of its new water purification business and continued growth in its air business. The company expects its air business to generate at least $23 million in revenue in 2025, with potential growth to $40 million by 2026. The launch of two new design centers marks a significant step in pioneering sustainable water treatment solutions, with an agreement to purchase feedstock expected to generate $7 million in sales. Additionally, Birchtech is actively pursuing legal actions and agreements within the power industry to enhance its market share.
More about Birchtech
Birchtech Corp. is a leader in specialty activated carbon technologies, focusing on sustainable air and water treatment solutions. The company is involved in the development of innovative products for air purification and has recently expanded into water purification, aiming to address environmental challenges and future demands.
YTD Price Performance: -5.47%
Average Trading Volume: 88,155
Technical Sentiment Signal: Buy
Current Market Cap: $48.25M
See more insights into BCHT stock on TipRanks’ Stock Analysis page.