PYR CEO answers questions RE: 3D printing tech Agoracom: Small Cap Investment - PyroGenesis Canada Inc - Re: 3D printing technol
Hello Peter, Sitting here enjoying a cold rainy New England day just down the road a piece from you.
I convinced one of my nephews to take a position in Pyrogenesis and we were having a discussion on the Generation 2 towers capacity and the amazing potential with this division alone. I suspect near term, customers will be breaking down the door for the powders like a good old fashioned Filene’s basement wedding dress sale?
Your strategic comment placement with regards to the new printer in house using your own powders for validation of a state of the art printer was just friggin brilliant.
What better marketing of your powders could there be?
For the bonus round... we are making those parts for yet ANOTHER game changing transformative technology. (Plasma Torch pars).
I think sometimes an 80k foot view is in order to view the chess pieces being moved around. I am not sure folks or the industrial world as a whole recognize the coiled spring this company is becoming.
In the end, I reminded him that this is all patented and I believe the share price at the moment does NOT reflect THAT value but this will soon change as adoption of your company’s processes become a formidable agent of change.
It’s been a long time since I’ve been excited about an investment.
My question is related to the 3D printer purchased. Will it remain unnamed for competitive reasons?
If so, are you able to identify which technology it uses?
DMLS
EBM
RPD
or none of the above, cause I missed one? I’m French... what a ya want from me?
Enjoy the weekend Sir and... Proceed...
Hello Wheresjackbenny,
Thanks for posting again.
I am more than happy to further provide clarification and speak to the recent announcements and developments disclosed by the Company with regards to its Additive Manufacturing (AM) NexGen™ powder production line. From what I perceived from your message, I am afraid you have misunderstood the connection between 1- the completion of the cutting edge NexGen™ production line, 2- the agreement with the tier one Global Aerospace Company for qualification of AM powders and 3- the successful installation of the state-of-the-art plasma torch production equipment in the new facility.
We recently announced that we have started commercial powder production with our new cutting edge NexGen™ powder production, from which we shipped our first commercial samples of plasma atomized titanium powder. In addition, and in parallel, we are also in the process of having our plasma atomized powders qualified by a tier one global aerospace company to become an approved supplier.
It is important to understand that the recent developments made for the Additive Manufacturing industry are unrelated to the installation of the of the plasma torch production equipment. As previously disclosed, having the plasma torch production in house will significantly reduce the manufacturing time of our plasma torches, thereby reducing delivery times while increasing profitability. This will further strengthen PyroGenesis’ offering in addressing the demand in various industries such as the iron ore pelletization industry, in which PyroGenesis’ plasma torches will be replacing fossil fuel burners. This latter has nothing to do with the AM industry and PyroGenesis’ NexGen™ production line.
Hope this helps.
Rodayna Kafal on behalf of Peter