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 > 20 MW Plasma Torch

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Comment by BCONTVentureson Oct 28, 2024 3:12pm

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Post# 36285541

RE:20 MW Plasma Torch

And with the recent 20 MW ($27 million) torch order, it is from the same client who ordered the 4.5 MW ($4.1 million) torch from last summer. A great repeat customer here, speaks volumes to the credibility that PyroGenesis has.

And very impressive PyroGenesis' torch development during the past couple of years:

In 2020 PYR was offering a 900 kW torch, 2022 a 2.5 MW torch, 2023 a 4.5 MW torch, and now a 20 MW torch (with the same client from the 4.5 MW torch).

(Note that this past spring when PyroGenesis attended TMS 2024 in Florida, PYR was offering torches up to 5MW in power).

Keep in mind PYR has some of the most plasma expertise under one roof and it is very impressive that PYR has been able to go from 900 KW to 20 MW in a couple of years.

@ordos And with today's hard contract, again, the signed contract backlog has nearly doubled to $55MM. This is not a pipeline, this is hard signed contracts. Try pushing that financial insolvency fake FUD talking point again, that will age well.

@ordos EarthGrid, Fumed Silica Production, Drosrite, Heavy Industry Electrical Furnaces, Metal Powders, Iron Ore Induration, Cement additive with Progressive Planet, Resource Recovery Reactor, Waste Remediation, PFAS destruction, Synthetic Graphite Production, Renewable Gas Production, R&D projects (such as the large one announced today),

@ordos @BayRunner Yes, Peter owns close to 50% of the company. Plus all the long term investors that have been here for years and haven't sold with all the ups and downs and don't plan on selling for long time more. Myself included. Those long term investors hold millions of shares collectively.

BIGMOE wrote: This is a huge news for Pyro but the market seems to be lagging the share price. Not sure if the investors understand the signifiant of the contract.

This torch may be used for future laser or jet populsion in space, navy ship or aircraft carrier. There could be potentail hundereds of order coming in the future for this type of torch.

I am keep buying Pyro shares and holding for the long term. The share price is very low and I am waiting the price to go up mid $25.