Journey to the Stars! PYR's powder is real, in demand and it is coming!
PyroGenesis also confirms that the first powder run is still on schedule for the end of the first quarter, and that the ramp-up is projected, as previously announced on Jan. 23, 2017, to take place linearly over the ensuing four months.
"So far there have not been any unforeseen challenges during the assembly phase, and we don't expect any during the start-up or ramp-up phases," said P. Peter Pascali, president and chief executive officer of PyroGenesis. "What is noteworthy, however, is the amount of interest we are receiving for the supply of our powders from potential customers and investors; the volume of interest from potential customers has taken us all by surprise."
Additionally, and as previously announced, powders produced during the ramp-up phase will be available for sale. The initial focus will be on producing pure titanium (CP Ti) and Ti-6Al-4V powders; however, PyroGenesis has also received interest for other metal powders and expects to attend to this as well.
"There are many factors which set us apart from all other powder producers," said Mr. Pascali. "For one, the fact that PyroGenesis is the inventor of plasma atomization, and has one of the largest concentrations of plasma expertise under one roof, has enabled the company to not only improve the process significantly, but allow it to continuously improve and thereby enable additive manufacturing. Let us not forget that PyroGenesis has produced titanium powders in the past, and is not new to this prospect. Add to this the fact that there is serious consolidation taking place in the industry, which is exasperating an already serious lack of powder suppliers, particularly of the characteristics we supply, all bodes well for PyroGenesis's strategy to supply unique powders to the additive manufacturing industry. In short, we remain confident, and recent events have only made us more optimistic than ever before that PyroGenesis will quickly become one of the leading metallic powder suppliers to the additive manufacturing (3-D printing) industry."