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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. The Company 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... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > PYR plasma torches will be replacing fossil fuel burners
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Post by Thinkbigsti69 on Jun 02, 2021 9:59am

PYR plasma torches will be replacing fossil fuel burners

Re: 3D printing technol
in response to 3D printing technol by Wheresjackbenny
posted on Jun 02, 2021 09:16AM
 
Hello Wheresjackbenny, 
 
Thanks for posting again.
 
I am more than happy to further provide clarification and speak to the recent announcements and developments disclosed by the Company with regards to its Additive Manufacturing (AM) NexGen™ powder production line. From what I perceived from your message, I am afraid you have misunderstood the connection between 1- the completion of the cutting edge NexGen™ production line, 2- the agreement with the tier one Global Aerospace Company for qualification of AM powders and 3- the successful installation of the state-of-the-art plasma torch production equipment in the new facility. 
 
We recently announced that we have started commercial powder production with our new cutting edge NexGen™ powder production, from which we shipped our first commercial samples of plasma atomized titanium powder. In addition, and in parallel, we are also in the process of having our plasma atomized powders qualified by a tier one global aerospace company to become an approved supplier.  
 
It is important to understand that the recent developments made for the Additive Manufacturing industry are unrelated to the installation of the of the plasma torch production equipment. As previously disclosed, having the plasma torch production in house will significantly reduce the manufacturing time of our plasma torches, thereby reducing delivery times while increasing profitability. This will further strengthen PyroGenesis’ offering in addressing the demand in various industries such as the iron ore pelletization industry, in which PyroGenesis’ plasma torches will be replacing fossil fuel burners.  This latter has nothing to do with the AM industry and PyroGenesis’ NexGen™ production line.
 
Hope this helps.
 
Rodayna Kafal on behalf of Peter
Comment by Thinkbigsti69 on Jun 02, 2021 11:56am
This will further strengthen PyroGenesis’ offering in addressing the demand in various industries such as the iron ore pelletization industry, in which PyroGenesis’ plasma torches will be replacing fossil fuel burners. 
Comment by Thinkbigsti69 on Jun 03, 2021 8:38am
You will never forgive yourself if you are not well invested in PYR when the mother of all torch contracts is signed. Simply a matter of time. Patience my nervous nellies!
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