developbc wrote: This is incredible and significance can not be overstated. Many newer investors may not realize how huge this milestone is. PYR being partnered with Aubert & Duval - a multi billion dollar giant. The NR gives lot of significant points not to be overlooked: PyroGenesis is also pleased to confirm that this commercial batch of powder was produced at its state-of-the-art production facility located in Montreal. The powder was produced using the Company’s NexGen™ plasma atomization system, which is fully operational and making commercial production batches.
“We are thrilled to be fulfilling this commercial order, especially given the fact that it came via our partner Aubert & Duval” said Mr. Massimo Dattilo, VP, PyroGenesis Additive. “According to Grand View Research, the global 3D printing market was valued at USD 13.84 billion in 2021 and is expected to grow at a compound annual growth rate of 20.8% from 2022 to 2030. Given the sheer size of this market and our unique manufacturing process, we believe we are well positioned to capture a significant share of the overall titanium powder market. This order is both an important commercial milestone, as well as further validation of our process and ability to supply some of the highest quality powder produced to the AM industry using our NexGen™ plasma atomization process. We are making larger commercial batches now, not just sample batches, and additional batches are underway. For comparison, previous sample batches were a couple of hundred grams, whereas this production batch is 100kg. It’s an exciting time.”
Aubert & Duval, a subsidiary of Eramet group, is a world leader in industrializing high-performance steel, super alloy, aluminum and titanium alloys for over a century. More specifically, they are a recognized supplier of metal powders for additive manufacturing, serving the Aerospace, Energy, Transport, Medical, Defense, Automotive and other large scale, demanding markets.
BCONTVentures wrote: This is huge news and a huge milestone! Congrats to Peter and Team at PyroGenesis!
From the NR: "This order is both an important commercial milestone, as well as further validation of our process and ability to supply some of the highest quality powder produced to the AM industry using our NexGen™ plasma atomization process. We are making larger commercial batches now, not just sample batches, and additional batches are underway. For comparison, previous sample batches were a couple of hundred grams, whereas this production batch is 100kg. It’s an exciting time.”
Long and Strong in PyroGenesis!
ScienceFirst wrote: Huge milestone