Pyrogenesis Canada Inc T.PYR

Plasma torches

[Pitpitcolisse]

Yes , many have been doing them, but the problem, Peter said in an interview, is making sure the torch doesn't consume itself at those powers.
Pyr's torch design is under patent so, yes there will be other torches out there at some point (after all we are talking a 4T potential market, impossible that Pyr takes it all), but who would want cheap torches in their production plant? I'd rather have the ones tested in a similar oven in Sweden, chosen over all other conpetitors, and from the biggest high powered plasma expertise and first market big player. Like choosing a Cisco networking gear, sure there are others, they are still trying to catch up for 30 years...

[Pitpitcolisse]

What I mean is that no matter the competition, if high powered torches do provide the optimal solution in tomorrow's context for burner replacement, Pyr is more than well positioned. The competition would not be other torch houses, it would be a better technology, which I have not found. Remember that this is only one of the potential multi billion market at which we are aiming.. We're

[ntcse123]

PYR is not going after the generic torch market, they are going after areas they can patent like iron ore pelletization and maybe from there more value adds that they can resell to the same customers.  The moat is the patents + client relationships.

[Pitpitcolisse]

They have the patent in iron ore straight grate induration furnace only, and Peter stated he would not try to patent other metallurgical usages as the market should come to us once our torches are validated in the first market. Defenitely not going for generic torches but can't say either that we will always be the only player in this field.

[ntcse123]

Yes makes sense, there's so many R&D directions and limited talent - might as well see where client relationships get formed.  For client relationship moat, to clarify it's a moat since these relationships are very sticky, it takes a while for these big conglomerates to 'certify' / trust a new vendor and when you have proven you can execute as a vendor, you will get repeat

[GeeJay20]

Spot on, ntcse! If we get into these different "markets" all with the same customers, what a superb fit! Sounds about what PP once called out the "low hanging fruits" to be sought-after! Great things are about to come our ways, Gee