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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. Its products and services include Plasma Atomized Metal Powders, Aluminum and Zinc Dross Recovery, 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

Post by patience123on Nov 12, 2020 8:19pm
803 Views
Post# 31892336

As someone who works in high tech service

As someone who works in high tech serviceI can tell you what they have set up is very profitable...once the cost price of the torch has been recouped by the company through reoccuring payments which probably wont take long considering they are building them themselves it becomes a snowball of continuous profit.... these things are plug and play so even if they have to be serviced every couple years or so they just pull them send them back to PYR they replace the worn components ( not the whole torch) and put them back in service for a minimal cost...as a service technician that deals directly with this sort of thing i can tell you reoccuring revenu stream on this will be huge money. Good on them.

regards
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