RE:RE:Drosite sales! Yes!! It's a good start .. from the July press release.
Of note, the Middle East represents 8% of the world primary aluminum production market, which, after China, represents the largest aluminum producing region in the world(3).
"This New Client has a need for two (2) full scale Systems which we expect will translate into orders once the demonstration is successful,", said Alex Pascali, Sales Manager of PyroGenesis. "This demonstration provides the Company with additional opportunities to further expand within the Middle East, which region, alone, represents a potential market of over $37M from primary aluminum producers."
"This is an exciting time for our DROSRITE™ technology," said P. Peter Pascali, President and CEO of PyroGenesis. "Not only does the final payment signify the first commercial acceptance of our patented process, it has also led to discussions with the Client for 3 additional systems, and more importantly, has allowed the Company to penetrate the Middle Eastern market with a demonstration of our DROSRITE™ capabilities. The Company will continue to effectively identify potential clients for our DROSRITE™ Systems worldwide, and, as a result, we expect to see significant growth from this business segment over the near future."