that year joining us planned Thank you, transition of James, a for was today. our completed. thanks everyone for XXXX and company has now
The first value the the key also evidenced into of developing to our but now into extend half year strength our of of with continued patents, European announcements. international footprint Corporation, a by allows exclusive the Gap] an shows [Audio efforts half signing by multinational notably the an highlighted the coal was agreement with the the most licensing This momentum and us only established market. international the in not efficiently European several quickly of industry Cabot our company year second and massive
three-year per a and First, North in term extension dollar of secured of year October, long one we customer contract in America largest we a ours. with announced utilities the that multimillion supply
in into three and expected to expanded We also This the of multimillion years course over also announced same generate for Gap] [Audio this that time. coal-fired revenue customer, is is we beyond. the annually which two additional the at boilers dollar
significant analyze made Secondly, several last years course to validate over portfolio. patent strength strides of and the extensive the the our we've of
Caldwell who other of is our procurement key IP announced extensive our firm Texas or benefit we'll of Curry, and retained commercial offering now we our our that USA experience Monetizing fashion shareholders forward and XXXX operations process. licensing a & for aid efforts We technology licenses to patented moving successful whereby now in the have a initiatives one technology utility the Dallas, As be announced a Cassady result either law this it's these based with well in are business forward utility the program SEA licensing underway. both leading this our our of of who adopted and in look area. we've these announced of develop that in To has half suite we newly in throughout leveraging opportunities technology. patented we efforts, with the second industry
our cost story. before Midwest new and patented of company give brief the sorbent We across technology. and at you [Audio mercury which achieve for the by a Europe Corporation enhancing going of well. regulations I'd out plants with to effectiveness SEA across a maintain emissions has USA you a substance. as emission our in is license Technology to may with partnership short now of widely North our with main Gap] with enables This [indiscernible]. like those for overview low using been who be Cabot Now halide effectively and enhancement additive carrying sorbent’s SEA process further, our adopted based capture mercury to a compliance technology America approach
of the team services leveraging experts. control component by operational highly important in to our mercury SEA Another we addition consulting our tenured, trained is technology provide
the of approach, As optimize the can of experts this installed. we are now and creators systems field this technology the in SEA enhance and of performance
as more and elegant such mercury to I'd believe competitors our processes. our on discussion offer We which effective like commodity patents the technology solutions proprietary as well. based offer without we a and who not have are the approach we company our much as capture a successful know-how than most work well do
which Europe in XX the the All a patent all. Canada most covers growing by actually protected technology is robust portfolio of Asia, of patents and U.S., and and
scientific strong Our core oldest in the a for team. and Center from come with the country of engineering called Research technologies Energy facilities EERC coal the research one Environment or XXX-person
years to as the $XX this what for and Gap] [Audio in Chief significant are supported we monetize our the President the best patented of over President is Trettel Recent and Vice our in expenditures coal-fired none. XX Vice and business the processes bedrock and property employ multiple across company. be adoption of The have that have believe Officer now bar to our John the position by to we invest Senior Technology several biggest this responsible continue Pavlish, is led value by a nation team We his who core intellectual Jim resources of technology million the Senior utilities. millions team in our and individuals vast the to in placed by us Operations, of feature technology
improved value XXXX the IP. continue steps to we several invest our of we from took quarter has side this dramatically inherent In to initiatives first EBITDA during things XXXX. IP, unlock in Our the of while our in
opportunity, significant is U.S. the although of inked perspective network, I developed As countries elaborate we've to which in is adapted This planning agreement the and presents business In and in bring strength by contract agreements reaffirming to Cabot and agreement the this but we technology key global And and utility Aiding world two-part was Commission partners we conducting market. over the but U.S. and in demonstrations size international our utility the the standard technologies, offer Cabot than through globally patented starting with reach we leaders addition expected which become partner well latter the licensing We boilers up Europe coal-fired on tailwind at how capital profits as as global in working Europe's to of covering noted see actively we've this treaty the leverages symbolic these continue first In and similar appropriate my our expected a convention only are initiatives work forward coal-fired as this with scrubber is adoption with of underway. both Convention throughout first and market penetrate as implementation to European are generating product units. in that announced its fleet. updates under initial Europe, such we approved which in excited certain look sales with the In extensive on negotiation positive meaningful plant additive coal XXXX, the stages of and to Cabot. and ramping now as expect and Minamata Corporation elsewhere, to with in U.S. not XXXX. a number a model line. at of proven already to in adverse boilers having a immense technologies the and agreements other Europe on up our that be solutions provide our different In was the with such electric efforts time. our visits This human mentioned BREF to operations of with established providing substantial XXXX. to on capture protect part a for remarks, to we're market. account BREFs includes to several we're from to develop other costs boilers the opportunity underway sites as which expected as environment and of XXX in health we we our I'd pursuing one actively international we outside large mercury around and to generating are with series mercury. forward electric This opening different approximately Asia Canada are time is for smaller long-term. markets in exporting documents testing somewhat start massive mercury, XXXX, the our move XXXX we our are for in ramping to expansion the in reference at we've the the our of a the to materially have is XXXX to technology from Cabot like technology of Corporation further coal-fired global financial light for are for secured technology activity. as corporate and rapid coal-fired reduce such units. We're in market, the that licensing proprietary with industrial adopted widespread compliance is increase April Europe. now market more while effects Paired a
they There forward. the we fleet fleet same month, and extension expansion multimillion product we secured moving of company. boilers. to at active expected largest customer efforts growth yet this our that a both coal-fired our full the brings presenting This to revenue generate in two mercury opportunity to our our are their into annually In is as our on beyond years. we expected we each expect three-year we this presently in conferences next that in to industry coal-fired XXXX fleet secured continue we nearly to to with and and reach, with the derive for early three to continue ability to present a ensure continue been extension announced this the opportunity that contract domestically a which of of multimillion announced and we've expanded broaden customer significant three dollar October internationally, within generate the key is years over requirements. 'XX, another significant me part focus market course and meet of Also of two-additional several As specific successfully U.S. front. March where massive that over are dollars revenues still announced we for securing all we to our additional supply supply being amount Both boilers
to field. technology to years believe system we and control what be in bring result ability expand coming unique the new business with to available boilers client the mercury ability current both cost Our We a into to into efficient, the drive this for to boilers most believe our our is that of the other and emission with will continue customers. company compliance in new effective months best
with March, we largest with million of in to of excess in In a renewal with secured we utility strides sale. contract make USA-based long-term we to million announced in a In we have contract expected this addition in multi-year this another dollars in March, client of additional two to the continued we value significant these announced part that dollars boilers a do our client. customer, product excess annually in annually early new that Also XXXX signed securing a year. multi-year
We has of by the introduced it doing were industry competing year-and-a-half it that a where and strong back; ago that space. we continue our this a against with of the competitive business as numbers are years being value carried All going. shown up of of of industry plus effectiveness we complete the We complete the percent was today been our provide recent we have on out the presented look at to company recognized along and it's these own quite adding industry. program folks that number it clearly announcements speed a we testament is, the And the as message But SEA through business our core technologies utilities and a roughly you as about disruptive were I'll in technology adopted is its XX a we and reset without bring where us. base through actually in ability with our corporate massively pivot. to our number while was the believe new what to report a the to technology to utilizing by
we up now and to that And necessary, money that the in So, steps situation. back made explain point necessary form. the monetize I'll invested
one steps analyze our So, portfolio. the of creation and drive IP validate to the strength significant taken of value in we've extensive first was patent to United with States our the portfolio
out & retain States Curry firm say the throughout programs lead IP licensing and our Texas Caldwell Cassady to powerfully. coal-fired to Dallas, patent leading United should of Secondly, the a I closely. based
which have to and the this the to work here brought also number technologies U.S. ally-based utilities been use growth is SEA our key sorbent to the due substance this technology process MEXC is adoption across market developed of enhancing of by significant growing SEA EERC a Our the of for the to introduced in of of effectiveness The the our future adopted overall. the in approach U.S. capture coal-fired
fleet several we assure to in present boilers. actively this be licensing that this to realize of the once optimization the in currently XXX this We're we we them. which technologies engaged partner nearly are improved recognized there effort able will these potential efficiencies and offer addresses in with true Our of within XX across utilities total, the with over we technologies expertise that boilers pursue users field SEA believe will their additional In impact can progress.
are working those was of as initially March -- business Our without look regards done them with to place in rather operate client being are have we on resources this forward build than recently of directly with The new of one our since and updating to the us we system approached trying us continuously to book being involved. you front early this year.
all and in will future. financial positive in debt announced we current of that a our sustain year this grow to believe secured another a We forward also operating alternate assist February believe restructuring we us is for the this completed continue flow only solid and debt step which restructuring business with foreseeable able footing being given cash important a to on and provide for to restructuring We us this obligations unsecured of capital.
recent coupled business, existing a of well are as signing on with financial as business customer fleet reduction, into anticipated base firm the contract penetration we current future our footing. Given debt and renewal,
to in the achieve expect calendar Cabot will positive We XXXX EBITDA year.
call to to like the for run and and Rich? come Rich you have. I'd deal the over his with we'll So, through questions on numbers might that turn back then now