RE:RE:RE:News out: PyroGenesis Announces Completed Production of AddiHere are some great points from @Hilbertk from ceo.ca regarding PyroGenesis' 3D powders. Thanks to @Hilbertk for this:
@Hilbertk I went full blown DD on powers and competitors tech. Nothing can come close to NexGen when it comes to quality and price. It’s at a minimum 4x cheaper than the legacy tech GE has. The leading competitor is Tekna gas atomization and typically gas atomized is far less uniform. Tekna powder is spherical but wider range of powder produced per batch. Say you want 50 nm powder and 10kg gives you 6kg in that range and the rest is too big or too small. NexGen numbers aren’t known but Pete highlighted the tighter size range as a benefit of NexGen. As for the high end powder no one can touch NexGen. A company out of Australia was touting big things back in 2018/19 but then nothing since. They completely quit talking about their powder production and instead it was all about the printer. We just need time now for Pyro to gain market share. RR, Honeywell and Pratt Whitney don’t want to buy their powder from GE. And from PyroGenesis' website:
PyroGenesis Additive, a division of PyroGenesis Canada Inc., the inventor of Plasma Atomization, specializes in providing plasma atomized spherical metallic powders with some of the most spherical, pure, dense, and highly flowable properties, which are highly sought after in the Additive Manufacturing (“AM”) Industry. With PyroGenesis’ extensive plasma expertise, PyroGenesis Additive is not only able to convert traditional metals and alloys into high purity spherical powders, but also creates specialty powders on an exclusive basis. The versatility of the process allows PyroGenesis Additive to quickly adapt to a customer’s needs in terms of controlling the Particle Size Distribution (PSD) of the bulk powder, it can produce any size cut with little to no waste which is game changing for the industry as it significantly reduces costs to the end-user. The metal powders produced by PyroGenesis Additive are ideal for the additive manufacturing, aerospace, biomedical, thermal spray, and metal injection molding industries. Long and Strong in PyroGenesis!
BCONTVentures wrote: Some great points from midtownguy, @midtownguy from ceo.ca regarding today's news release (NR) on PyroGenesis' powders/additivie manufacturing division. Thanks to @midtownguy for these points:
@MidtownGuy The money is never a bad thing, but as @sizzlingbeef wrote, the bigger importance is how PYR has gone from designing, building, and operating the thing, to producing small test samples, to production batches, and now prepping for high output phase. @MidtownGuy grams -> kilos -> tonnes @MidtownGuy all good stuff @Buffaloguy. Most of the harder digging and DD was posted long ago, now it's more about who the clients are
[rubs hands together]. That was eye opening.
@MidtownGuy Someone posted on Agoracom this second 100KG order, since we didn't indicate a client, was completed just for PYR, "for stock". It wasn't. It was ordered. [for the record] @MidtownGuy The company can produce its own stock for its own purposes at any time; that's not something we'd NR at this point. And:
@MidtownGuy the powder NRs were as important as indicators to the market as it was for investors. Long and Strong in PyroGenesis!
wasitreallyok wrote: Wow 2 100 kg orders out the door in the last two weeks. Pretty cool that the company's titanium powder division isn't just sitting back I just love their statement "The commercial milestones we have achieved over the previous few months have positioned us to move to the next step, which is to produce powders by the tonne".
If this is an indication on how things are going to move expect the second quarter report to show higher incomes froma division that was only showing promise.