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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 BCONTVentureson Jun 22, 2024 7:45am
128 Views
Post# 36101347

RE:Well ... as i see it ...

RE:Well ... as i see it ...Great points 5oceans, and yes, PyroGenesis' business potential has drastically increased during the past couple of years.  Just look at the new markets PYR has entered, new patents filed/granted, the second production facility coming online, and the growth in employee headcount.  PYR is gearing up for exponential growth.

From the Q1 NR: "The company's flagship technologies are now being assessed, tested, or in use across a much wider array of major heavy industry categories, in more primary jurisdictions globally, than even we once thought possible. In so many ways, we are just getting started."

A great visual of PyroGenesis' solutions.  A number of these solutions have been commercialized during the past couple of years:

Solution Ecosystem


It is not the size of the contracts (big contracts will come), it is the validation of the technology.  If people cannot understand that, then they don’t understand PyroGenesis and where the company has come from but more importantly, where it will go when you have the biggest iron ore company in the world purchasing new game changing technology.  It is simpy mind boggling what that will mean for PYR going forwards.

The Market always lags behind R&D.  It is rare for people to truely understand the value of technological advancements right away.

It is amazing that PyroGenesis has accumulated so much high tech and plasma expertise (and numerous patents, over 120 now granted/pending) over the past couple of decades (PyroGenesis was founded in 1991), and PYR never went under.  PyroGenesis kept plugging away and over the past couple of years they have doubled their manufacturing space and employee headcount  All the while more interest is garnered in PYR’s products, technology, and solutions. 

From the 2023 AGM replay, Steve McCormick (VP Corporate Affairs) did an excellent presentation detailing his knowledge of the industries in which PYR is involved in and a comprehensive understanding of the industrial needs these players require and PyroGenesis’ top tier solutions to these. The corporate presentation starts at around the 12:35 mark. Great job Steve/ @midtownguy.

Here is the link to PyroGenesis’ 2023 AGM replay:

https://www.youtube.com/watch?v=c9_Tzu-qs9c

That is why the investors are here, for long-term growth.  The magnitude of what PyroGenesis is undertaking is impressive.

5oceans wrote: The contracts are not big, or huge, as some expected here but their is some acceptance of the offered promotion materials, products, plans etc because although small, some contracts are coming in, as long as more of them come by, I think we are going in the right direction. Just me


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