RE:RE:3D printing powder is pleased to announce today that, further to its Press Release dated May 12 th , 2021, the Company has shipped its first commercial samples of plasma-atomized titanium powder to a client (the “Client”). This Client serves the aerospace industry, and will remain confidential for competitive reasons.
“These are the first samples shipped using PyroGenesis’ cutting-edge Additive Manufacturing (“AM”) NexGen™ powder production line,” said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “has shipped its first commercial samples of plasma powder. Of note, these powders were not shipped to the tier one global aerospace company referred in our April 20 th Press Release, but is in addition to that order which is in process as well.”
“This shipment represents the first of many expected shipments of PyroGenesis’ titanium powder,” added Mr. Massimo Dattilo, Vice President of PyroGenesis Additive. “We are now in a position to fulfill the backlog of demand for our powders and we anticipate that these shipments will lead to further qualification steps and/or commercial orders. While waiting for our cutting-edge NexGen™ powder production line to come on stream, we have developed solid relationships with many major players in the aerospace, biomedical, and automotive sectors. Separately, and as we have mentioned in the past, the NexGen™ powder production process has resonance beyond titanium alloys, and we are eager to begin addressing these markets as well.”
The NexGen™ production line incorporates several revolutionary improvements such as the highest published production rate known to management, lower CAPEX, lower OPEX,while at the same time providing a narrower particle size distribution. PyroGenesis is entering the AM powder market with a production line which management believes is the low-cost producer in its class. As previously disclosed, PyroGenesis is currently filling orders from several major top-tier aerospace companies, and OEMs.