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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 ScienceFirston May 13, 2021 7:12pm
222 Views
Post# 33200507

RE:RE:Torch Production Equipment NR

RE:RE:Torch Production Equipment NRRaglo ... It crossed my mind too.  This equipment is a 3D powderAnd it's to build torches.  Lots of them.  No doubt. 

It fits:

- a 1MM$ price definition
- the definition of "state-of-the-art"
- the definition of "an equipment that has wide range of of capabilities". 

And it becomes your
carte de visite to show your aerospace and OEM clients what you can do with your own titanium powder.

And the justification behind this 1MM$ equipment can only come from strong interest from your Client A, B, C (and those from addtional industries (cement, etc ...) that appear on the corporate presentation). 

And Peter yesterday re-confirmed that the iron pelletization contracts were all on-track.

So indeed, what a better way for PYR to show to aerospace companies and OEMs that are already awaiting powders from this new state-of-the-art production line what it can do with its powder than to build torches with it, considering that they hinted us this:


May 12 - 3D powder (titanium): 

The strategic decision previously made to delay powder production to incorporate several revolutionary improvements into the existing production line (increased production rate, lower CAPEX, lower OPEX, narrower particle size distribution) means that PyroGenesis is entering the AM powder market with a production line which management believes is the low-cost producer in its class. Management also believes that the NexGen™ powder production line will also enable PyroGenesis to uniquely process materials which, until today, did not seem economically feasible,”


May 13 - $1MM in state-of-the-art plasma torch production equipment in its new facility

This equipment has a wide range of capabilities and will significantly reduce the manufacturing time of our plasma torches. For example, parts that previously took 4 hours to manufacture will now take 15 minutes. PyroGenesis will produce parts faster and at lower cost, thereby reducing delivery times while increasing profitability.”

_____________________________

raglo - (5/13/2021 3:25:53 PM)
RE:Torch Production Equipment NR
 Bootstrapping? Build plasma torch, use to produce powder for 3D printing, buy 3D printer use powder to build parts for more torches , use them to produce powder for 3D printing, etc. etc. pretty soon you have a production line now all we need is a robots and AI , just like Elon Musk:)
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