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 > New Press Release - PyroGenesis Kicks Off New European Distribution Strategy with Contract to Supply Spanish Aerospace Entity with Titanium Metal Powder

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Comment by BCONTVentureson May 16, 2024 1:40pm

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Post# 36043824

RE:RE:New Press Release - PyroGenesis Kicks Off New European Distribution Strategy with Contract to Supply Spanish Aerospace Entity with Titanium Metal Powder

And here is a study that used PyroGenesis' additive manufacturing (AM) powders:

Uncertainties Induced by Processing Parameter Variation in Selective Laser Melting of Ti6Al4V Revealed by In-Situ X-ray Imaging

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8779089/

BCONTVentures wrote: Excellent news! From the NR: "The order has already been produced using PyroGenesis’ NexGen™ plasma atomization system and will soon be in transit to the client."

and “This contract represents our initial commercial metal powder order from a European client, a significant milestone under our new direct distribution strategy. This powder is primarily utilized in laser bed applications within the additive manufacturing industry. We are experiencing an increase in activity from Europe and are currently engaging with additional European clients interested in acquiring our titanium powder for their additive manufacturing needs,” said Massimo Dattilo, Vice President of PyroGenesis Additive.

Note that PYR has been completing the items listed in the Outlook section from their annual results:

Commodity Security & Optimization

New Laser Cut Titanium Metal Powder Order: the Company has received notice from a global organization for a potential initial order of titanium metal powder “laser cut” that, if completed, is expected to occur in Q2 2024.