RE:What is The price paid for the purevap nsir unit I answer myself for nsir :)2.4 million + 10% royaltystream on nanosilicones future sales .ok PyroGenesis Canada Inc () () has signed a roughly $3 million contract with HPQ Nano Silicon Powders Inc to produce its namesake powder, the company announced Tuesday.
The contract was developed to utilize the benefits of PyroGenesis’ PUREVAP Nano Silicon Reactor (NSiR) to produce nano silicon powder for the battery market.
Specifically, the agreement consists of two parts. The first will see PyroGenesis modify its existing GEN2 PUREVAP QRR to produce silicon nano powders and nanowires, and the second will involve the design and manufacturing of a semi-continuous process system with a commercial production capacity of at least 300 kilograms per month.
The deal pays PyroGenesis $2.4 million for the intellectual property rights to the PUREVAP NSiR process, with a 10 % royalty on HPQ Nano Silicon’s future sales. The company will also retain a royalty-free, exclusive license to use the system for other purposes. This royalty stream can be converted by PyroGenesis into a 50% stake in its client at any time.