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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

Industrials Technology Pollution & Treatment Controls
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

PyroGenesis Inc
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Post by BCONTVentureson Feb 02, 2022 2:47pm
244 Views
Post# 34390199

DROSRITE and Recurring Revenue

DROSRITE and Recurring RevenueA very informative post from @cargo from ceo.ca regarding today's news release (NR) on PyroGenesis' DROSRITE systems and recurring revenue (yearly recurring revenue):

@cargo A very important tidbit of info in the press release deals with recurring revenue is in its press release dated June, 7th 2021. “Aside from the three systems disclosed today, PyroGenesis now has eleven (11) commercial Drosrite™ systems either in full operation, delivered or in the process of being delivered,” added Mr. Pascali. “Once all eleven systems are in operation, the Company expects to benefit from a recurring revenue stream, from spare sparts alone, in excess of $4 Million per year.”

PYR LOI DROSRITE

Long and Strong in PyroGenesis!
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