Pyro Revenue Update 24 Months Forecast $305 Million1. Backlog 25 million (End of Q1/21)
2. 65 million contracts signing confirmed by Peter
3. Torch quote of 36 units 130 million (3 million per unit USA)
$250 k Annual cost saving (report from Sweden)
$280 k Annual CO2 saving/grant (2021 based on Canada Government)
$530 k Annual cost saving/torch
Payback about 3 years/torch
4. 40 million bidding for Dross contract above average change to win
5. 15 million of LOI announcement on Dross contract
6. Purchasing Air Science Technologies Inc - 5 million in revenue, over 15 million in revenue backlog
7. Powder contract unknown, assume 5 million
8. Nano Reactor (HPQ Alliance, Battery and EV) revenue unknown, assume 5 million
9. HPQ Nano Reactor (Fumed Silica for medical devises), estimated 5 million
10. Dross Spare parts about $5 million/year, 2 years $10 million
Just add the number $305 Million in revenue expected as of July 7/21. Next 12 to 24 Months.
Cash on hand around $26 Million end of Q1/21
Revenue Q1/21 – $6 Million