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 > Selling the golden goose

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Comment by Mostlyseriouson Jun 30, 2024 12:25pm

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Post# 36112634

RE:RE:RE:RE:RE:RE:Selling the golden goose

Yes. Pretty clear.

dalesio_98 wrote: Mostlyserious,

PyroGenesis Kicks Off New European Distribution Strategy with Contract to Supply Spanish Aerospace Entity with Titanium Metal Powder
Published Apr 30, 2024

“By ending our distribution agreement with Aubert & Duval, we have essentially eliminated the middleman, thereby essentially reducing costs to the end user. As can be seen from the announcement today we are now successfully selling directly to European-based clients.”

https://financialpost.com/globe-newswire/pyrogenesis-kicks-off-new-european-distribution-strategy-with-contract-to-supply-spanish-aerospace-entity-with-titanium-metal-powder

PyroGenesis Signs Mutually Exclusive Partnership Agreement with Aubert & Duval to Supply Plasma Atomized Titanium Powder to European Union Additive Manufacturing/3D Printing MaMarketJan. 8, 2019
https://acrobat.adobe.com/id/urn:aaid:sc:VA6C2:da98449b-9bfb-49a7-85b5-aa848932fc16

Good luck to All!

Mostlyserious wrote: I will dig it up. In the meantime, what are you thoughts on it? Sounds like you would have pretty strong ones by questioning credibility.

Kongratulation wrote:
Hey Mostly,

Do you have link or a credible source to prove that?

Just curious?

Mostlyserious wrote: No, they mutually agreed to end their distribution agreement.

if you go back in time, you would see just how much emphasis and credibility was put by the pumpers because of Aubert & Duval involvement. Of course, there was a positive spin on that agreement ending and we don't know why.
ramuntcho wrote: Is there still a link between PYR and Aubert & Duval... dosen't seem fruitful up to now.

Breizh01 wrote: I recall that during an exchange at an AGM of PYR the question of selling a «division» and Peter seemed quite3 opposeed to it citing the mistake of selling the powder metal group and IP to AP&C.

Since most would not recall these events, here is an answer:
«

Producing the Most Spherical, Pure Titanium PowdersThis system was operated by PyroGenesis for many years before the company entered into a joint venture which ultimately led to the sale of the system to AP&C in 2006

.
What goes around comes around and I dont have any quote to give you but it fell on the newswire this last week of june:
The court has given the claimant Tekna that the patent on titanium powders berlongs to Tekna and not to AP&C.

Please do the DD that is required but this is quite a shock for AP&C and GE.

Should help the future of PYR in Spain and other venures with A&D ;

Boom or Bust.

Have a great weekend all.