Birchtech at noble capital markets virtual equity investor conference: water pivot

On October 2, 2026, Birchtech (BCHT) participated in the Noble Capital Markets Virtual Equity Investor Conference to discuss a strategic shift from air pollution control to water treatment technologies. The company emphasized its transition, stating that 90% of its efforts have moved toward clean water treatment in the past three years.

Birchtech reported a strong balance sheet with $12 million in cash and zero debt following a $16 million capital raise in February 2024. Management expects a commercial water facility to begin operations in January 2027, with potential annual capacity of $12 million to $15 million. The company also awaits a major legal judgment expected to generate $78 million, which could result in settlement, licensing revenue, or trial.

The company's air business still supports operations, but management is focused on the long-term potential of water treatment. Birchtech's water strategy revolves around PFAS remediation, a growing market anticipated to expand with new EPA regulations. The company's proprietary carbon rejuvenation process can restore spent activated carbon to up to 100% efficacy, and it also has a proprietary sorbent enhancing additive for ion exchange media.

Birchtech has completed testing with multiple water utilities and engineering firms and secured initial water purchase orders totaling $1 million. The first commercial water facility is set to begin operations in January 2027, with management confident that the core air business will become profitable once it stops covering the cost of the water business.