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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

Post by StairwayToon Mar 17, 2022 4:05pm
352 Views
Post# 34523118

US Navy waste systems

US Navy waste systemsSigned contract on September 4th, 2020  for $11.5M
“The systems are expected to be built within the next 18 months”
That brings us to March 2022, assuming that “within 18 months” was without hiccups. But we know what happened with the “within 6 months” don’t we ?, 
Anyway, I don’t see that these 2 systems are even delivered yet, it could be another 6 months with all the delivery delays and covid etc..
Then, maybe by January 2023, the Navy will certainly proceed with SAT (Site Acceptance Test).
They have lots of time, these carriers are not to sail until 2028  and  2032.
 
On the bright side, it might be the next NR;  “Following our 9/4/2020 NR we are pleased to announce the first delivery 1 waste system to the US Navy”.
Some of you might freak out when they announce it, cause some of you seems to think that these 2 systems are on board and sailing as we speak.
 
(As for the previous contracts to the Navy, 2018 and 2019 totaling less than $1M, they were clearly not the same waste destruction systems)
 
 
 
Previous post:
PyroGenesis Signs $11.5MM Contract for US Navy’s  Two Ship Build;  $4.8MM Down Payment; MONTREAL, Quebec (GlobeNewswire – September 4th, 2020)
The Systems are expected to be built within the next 18 months, and are to be installed on the next Gerald R. Ford-class US aircraft carriers; the USS Enterprise (CVN-80) and the USS Doris Miller (CVN-81).
   
USS Enterprise (CVN-80) will be the third Gerald R. Ford-class aircraft carrier to be built for the United States Navy.[4][5] She will be the ninth United States naval vessel and third aircraft carrier to bear the name, and is scheduled to be in operation by 2028.
  
USS Doris Miller (CVN-81) is a future Gerald R. Ford-class aircraft carrier of the United States Navy.[6][7] Doris Miller is scheduled to be laid down January 2026, launched October 2029 and commissioned in 2032. She will be built at Newport News Shipbuilding, a division of Huntington Ingalls Industries (formerly Northrop Grumman Shipbuilding) in Newport News, Virginia.[4
 

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