RE:RE:RE:3D 7 years since return to powder and no sales,..... care to explain .. ? Oh yeah swinging for the fence but striking out for 7 years,....
Do you mean the powder line where on Oct 26 2015 the company stated
"With a total investment of $1.7MM, PyroGenesis could be producing powders within nine (9) months. It is estimated that PyroGenesis could generate over $10MM profit/year/System from powder sale alone.
Do you mean the AM powder line which on October 23, 2017 the company stated
They had
Six (6) Non-Disclosure Agreements (“NDA”) signed with distributors and 3D printer manufacturers
• Three (3) NDAs being negotiated with multinational aircraft engine manufacturers, at their request
And " We have added a second shift in anticipation of large scale commercial orders."
Do you mean the powder line where
On May 17, 2018, PyroGenesis announced that it had signed its first major exclusive commercial agreement for the sale of titanium (Ti-6Al-4V) powders for use in the additive manufacturing industry, after having been qualified as an approved supplier by a client in Asia. The agreement provided for a minimum sales volume of 10,000 kg (10 tons) during the two-year term of the agreement and was limited geographically to a specific territory in Asia. This agreement also granted the Company exclusive distribution rights of titanium powders (Ti64 Grade 23) into a specific territory in Asia.
Do you mean the AM powder line where they have after 7 years since the annoucement of return to production of powder it appears they have sold none and delivered 100Kg of samples in Spring 2022
Is this the powder line you are referring to?? Please do explain why no sales...
BCONTVentures wrote: Completely agree COGT, great post. It was PyroGenesis' 3D powders/additive manufacturing that made me discover PYR in 2017. Peter and Team have done a lot of work getting PYR's powders qualified and accredited. I'm looking forward to the upcoming months.
Long and Strong in PyroGenesis!
COGT wrote: Agreed Frosch .Regardless with what the naysayers say that business line is a company maker for any company. And they're starting from the top down with qualifying for aerospace first .
There must be a good reason that's going to make happy shareholders.IMHO
I've always wondered why swing for the fences with powders?
GLTA