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PyroGenesis Canada Inc. T.PYR

Alternate Symbol(s):  PYR

PyroGenesis Canada Inc is engaged in the design, development, manufacture, and commercialization of advanced plasma processes and systems. The company provides technical & manufacturing expertise, cutting-edge contract research, and turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil & gas, and environmental industries. Its Product categories include Aluminum & Zinc Dross Recovery, Plasma Atomized Metal Powders, Waste...


PyroGenesis Canada Inc. > ARK 3D PRNT ETF target weight could be higher for PYR

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February 17, 2021 - 08:39 PM
633 Reads
Post# 32592136

ARK 3D PRNT ETF target weight could be higher for PYR

Just some humble thoughts that think is very important to put things in perspective in regards to ARK PRNT position in Pyrogenesis: 
  • PYR being bought while still being on the OTC is definitely eye opening
  • Cathie Woods is a visionary and this is NOT her first rodeo - her and her team must have done serious due diligence on PYR
  • ARK must have choosen PYR for long term growth as PYR weighting in the PRNT FUND has increased for .12 % to .29% in the last month along
  • Regardless of the inflows of $ into the fund... I am betting they have an internal target weighting higher.  IF for example, ARK PRNT had a target weight of X% they will slowly accumlate to reach but as their prospectus states..they have variance room as they see fit 
  • CEO Peter Pascali stated recently that 2021 will finally be the year of powder production and sales 
  • PYR NexGen production rate is unheard of in the 3D powder industry 25kg/hr , accrediated/validated by major Aerospace Industry players, Aubert & Duval has exclusive EU agreement w PYR placing is in the big league market place.
  • ARK  definitely sees the bigger picture knowing GE powders is PYR's old 3D powder technology and PYR has a serious future in the 3D powder big leagues. 

PyroGenesis’ NexGen™ Plasma Atomization System, which produces metal powder at over 25 kg/hour, was unveiled in 2019 after having fulfilled a specialty metal powder order for a non-aerospace client, while maintaining all the characteristics demanded by the AM Industry (ie. oxygen content, flowability, density, etc.).


Here was good questions by MazerRR that Peter answered last summer: 

1)The NexGen system has previously been described as having the ability to produce metal powders with a narrow particle size distribution, and also to shift the bulk PSD to match the powder size required by the Client. Does the process still retain these features, even with the increase in production rates to over 25 kg/h?

Yes

2) While the AM industry is the main focus for PyrogenesisAdditive's metal powder production, do you also expect interest from the Metal Injection Molding (MIM) market?

Yes we do; definitely.

3) In the event of larger than expected demand for PyrogenesisAdditive's Titanium powders, is there an industrialization plan in place for expansion of production capacity?

Yes we do.

4) Has the COVID crisis in any way affected OEMs' interest in your upcoming Titanium powder offerings? I would imagine the NexGen's ability to produce high-quality Ti powders at lower cost would appeal to companies who, in addition to looking to secure their powder supply chain, want to further reduce costs, especially given current economic conditions.

We have seen no decrease in interest at all. I think people are getting excited as we come on stream. Hope that helps, Peter


BTW today's updated PYR holdings 229,900  as of Feb 17, 2021 up from  225,400 yesterday's previous position. 

LINK HERE:
THE_3D_PRINTING_ETF_PRNT_HOLDINGS.pdf (ark-funds.com)