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Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery (DROSRITE), waste management, plasma torches, and Innovation/Custom Process Development. It also operates PUREVAP NSiR, which is a proprietary process that can use different purities of silicon as feedstock to make a range of spherical silicon nano- and micro-powders and wires, for use across various applications. Its products and services are commercialized to customers operating in a range of industries, including the defense, metallurgical, mining, advanced materials, oil & gas, and environmental industries.


TSX:PYR - Post by User

Comment by Frosch1on Sep 07, 2022 12:52am
130 Views
Post# 34945629

RE:RE:PYR response to statement confirms how huge NexGen will be

RE:RE:PYR response to statement confirms how huge NexGen will beThank you. What are the selling price, any idea? Margin must be high. market share of PYR? 1000t for airbus, 1000t for Boeing, 2000t in total rigth?
sorrenson wrote: GE ..yes the same guys who make things called jet engines that they supply to both airbus and Boeing produce over 1000 tons a year of titanium powder...Yes 1000 tons ...and using peters famous "inside the fence ' line...good luck getting any aviation company to switch . They care about milspec and faa approvals and aren't switching for any price advantage. The approvals alone cost tens of  millions. One failed turbine can cost billions if they prang.

Raytheon produces their own , I believe Pratt does too .  Pyr told the story of jet  engine manufacturers in 2016 and 2017.  That ship has sailed.

Since 7 Years ago production was 9 months away. they say 5 or 6  months now so I presume its 2 years a month based on history.

There is several very big players in the titanium powder game. Might as well start a cola company to take out coke and Pepsi.


BCONTVentures wrote: From Agoracom, Peter Pascali (PyroGenesis' President and CEO) regarding PYR's 3D Printing/Additive Manufacturing division:

https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/781770-pyrogenesis-announces-commencement-of-in-factory-audit-of-its-nexgen-metal-powder-production-facility-by-top-tier-north-american-global-aerospace/messages/2364759#message

PyroGenesis Announces Commencement of In-Factory Audit of its NexGen™ Metal Powder Production Facility by Top Tier North American Global Aerospace...


by    "At the end of the day, it really does not matter who the tier one is (could be Lockheed Martin as they would fit the shoes as well).  If Pyro's end product is less costly and better, they all will be lining up as customers - like dominos falling.  If you get one of these big players to bite, the rest will fall.  Given the special nature and future demand, the moat would be huge and if noting is learned from COVID...a diversity of supply chain is paramount."

Response by PYR CEO:|

 

Bingo !!!

 

Peter

Long and Strong in PyroGenesis!




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