TheeRook wrote: B4 PYR there was Alter NRG doing more or less the same thing .
So the y also have patents acquired when they were bought out.
Alter NRG announces USD$1.0 million torch order sale of Westinghouse Plasma torches for industrial furnace applications in China
Alter NRG Corp. ("Alter NRG" or the "Company") announces that it has signed a contract to deliver 4 of its Marc 3 Westinghouse Plasma torch systems for approximately USD$1 million. A 40% deposit has been received and the torches are expected to begin assembly immediately with final delivery in the first quarter of 2013. The initial order is part of a larger master agreement valued at approximately USD$12 million with additional orders expected in 2013.
Beijing Huanyu Guanchuan Plasma Technology Ltd. (GuanChuan) is using the torches for their industrial furnace applications related to the steel and iron industry in China. The application is focused on the retrofit of ferrous alloy furnaces to utilize plasma power as opposed to the conventional fossil fuels and electrodes currently used for heating. Through the use of plasma, the new furnace system will both improve economic efficiencies and environmental emissions of the steel manufacturing facilities in China.
According to Mr. Huang Geng, Chief Technology Officer of Guanchuan, "WPC is a proven leader in its field in plasma gasification and the plasma torch system. Their systems have been proven commercially and represent significant market potential for the industrial furnace retrofits in China. China is the world's largest steel producer and this application of Westinghouse Plasma torches will be used to reduce the overall emissions profile and operating costs in the steel facilities."
Walt Howard, CEO of Alter NRG believes that "the plasma torch market is a promising opportunity for our Company as customers look to reduce their cost structure and carbon footprint. The plasma torch sales have a much shorter sales cycle without the regulatory hurdles of a full energy facility, as well as being a mature product offering with significant commercial history. We have been working with this specific customer over the past 3 years and believe that this order is the first of multiple orders penetrating this large segment."
MidtownGuy wrote: These aren't areas of interest nor concern for Pyrogenesis.
PYR's primary commercialization and revenue is now heating torches for iron ore pelletization, and plasma reaction to create metal Nano powders -- areas where other plasma companies cannot enter due to PYR's patent wall. Other companies can pivot all they want, just not into PYR's two key markets. So it's entirely different from other industries that you mention.
TheeRook wrote:
Also other Plasma companies like PYRO out there like this one.
PLAZARIUM TPS industrial plasma system is a complex of equipment integrated structurally and functionally for conversion of electrical energy into heat energy and production of a high temperature ionized gas flow.
The industrial plasma system is designed for operation as a part of reactors and afterburners of units for plasma gasification of waste, units for plasma melting of ash residue or units for plasma hydrocracking of fuel oil and heavy oil residues."