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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly 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 (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Comment by Jkelly5on Mar 17, 2021 12:29pm
207 Views
Post# 32816912

RE:RE:Question about specialty powders for US Military

RE:RE:Question about specialty powders for US MilitaryFound the press release for the completion of the powder order in 2019.

"the Company had received a purchase order for specialty metal powder from a government entity (the “Client”), and (ii) that it had shipped the first batch, the Company is now pleased to announce that it has successfully completed this special order and has, as a result, received full payment from the Client. The name, origin, and type of powder are not permitted to be disclosed. As previously announced, under this Contract, PyroGenesis was to produce specialty reactive metal powder using its NexGen™ plasma atomization system. The Client intends to use this powder for confidential purposes. The powder was delivered, in its entirety, over a period of two (2) months and the quality exceeded expectations. Follow-on orders are expected."


COGT wrote: From what I remember it was a one time deal about two years ago.It was an unnamed government (I don't think it was announced military at the time) for one batch of specialized powder for $900 k
The order was completed and paid for in a couple months.
I surmised aerospace at the time. Maybe now months of test results are in and that government/military are ready to go ahead with larger orders.
GLTA


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