PyroGenesis Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

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.

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PyroGenesis Inc > Posted on the CEO site forum - FYI

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Comment by Thinkbigsti69on Feb 12, 2024 12:03pm

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Post# 35875661

RE:RE:Posted on the CEO site forum - FYI

BCONTVentures wrote: Very interesting that @cargo (from ceo) brings up Lockheed Martin as being the powder Client that PyroGenesis is in the process of qualifying their 3D powders (additive manufacturing for).

Lockheed Martin describes themselves "As a global security and aerospace company...", from their website: https://www.lockheedmartin.com/en-us/who-we-are.html

And in PYR's 2021 news release, where they first referenced this Client, PYR described the powder Client as "... announce the signing of a qualification agreement (the "Agreement") with a premier global aerospace company (the "Client") for the production of metal powders".

From this NR: https://www.pyrogenesis.com/wp-content/uploads/2021/01/2020-04-20-PyroGenesis-Signs-Agreement-with-Tier-One-Global-Aerospace-Company-for-Qualification-of-Additive-Manufacturing-Powders.pdf

If Lockheed Martin is the 3D powder Client (as posted by @cargo), then take a look at this interesting news as it might explain why PyroGenesis has been approached to become a supplier of Lockheed Martin:

https://www.flightglobal.com/fixed-wing/lockheed-martin-sues-f-35-supplier-over-refusal-to-deliver-titanium-components/156127.article

Note from the above^^ article, each F-35 costs $840 million and are made of titanium powder. However, Lockheed Martin is running into issues with their supplier.

Now, looking at this article:

https://www.airforce-technology.com/news/magellan-machined-titanium-f35/?cf-view

Note that for 2023-2027, there is a Canadian machined titanium components supplier. However, big companies prefer to not rely on one supplier.

HARJAY wrote: @cargo Hmmm... Check out Yoav Ifergan LinkedIn profile. Weird that he breaks down his $PYR work experience in two different sections. Similar jobs responsibilities but different enough to separate them along with different starting dates with the first still being employed by $PYR. The later he lists his end date was on Jan/2024. The exact same month he started as Quality Assurance Analysis Manager at Lockheed Martin. Curious to what others think as this very well could be a nothing burger or maybe there is a link?