PyroGenesis Inc T.PYR

RE:Is tekna our twin brother

[MidtownGuy]

This has been covered several times before. There are some significant differences between PYR and other companies like Tekna.

There are three companies around the world that use plasma to make metal powders; GE, Tekna, and PYR.  And while it's not a zero sum game, as the demand is expected to be so great that a multitude of suppliers will be needed, these suppliers differ in the extent of their competitiveness.

The key difference is in technology and feedstock, but also includes volume potential and price potential. PYR leads the way in all areas.

Technology

Tekna uses a plasma technology called "inductively coupled plasma" (ICP), which requires electro-magnets to help create the arc. It is not as powerful nor reliable in terms of power stream.

GE uses the old technology that they bought off of PYR, and which PYR has advanced considerably since.

PYR uses a reverse polarity plasma torch based on a technology called "DC non-transferred plasma".

While there are pros and cons to each technology, the PYR DC non-transferred technology is generally considered more readily available at higher powers, offers more stable operation, less "flicker", and better control.

Feedstock

Tekna's nano-powder process seems to require that they start with existing higher purity metal powders than PYR (or create the base powder first), which is more expensive right out of the gate, before then conducting yet another process to make the spherical or nano-powders.

PYR's process allows them to use a cheaper and lower-purity product initially -- raw metal wire -- then bypassing the entire step of first having to convert it to base powder. PYR goes right from raw wire to high-purity spherical or nano-powder.

Price and Volume

Theoretically, the expectation of the PYR Purevap process is that it should significantly reduce the cost of making powders simply because it uses cheaper raw material. If all goes as expected, Tekna can't appear to compete on the raw material cost.

As for volume, again because of the use of lower cost raw wire, the avoidance of the additional step, and PYR's stated ability to replicate the process by creating additional reactor towers as needed, it appears they can eventually surpass the volume of most if not all nano-powder creators.

Tcheck wrote: Tekna

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