News Highlights for PYR for 2024Consolidated list of news highlights for PyroGenesis for 2024. Very impressive what PYR is up to, lots to look forward to:
• JANUARY 16 – $667,000 non-refundable downpayment from EARTHGRID under Master Agreement
• JANUARY 31 – HPQ signs NDA with Industrial Group for Fumed Silica Plant (FSR) Joint Venture
• MARCH 14 – $450,000 Contract for Plasma System for Advanced Green CEMENT Development
• APRIL 10 – CONSTELLIUM ($8 BILLION Revenues) Letter of Intent for Large-Scale Plasma Remelting Furnaces
• APRIL 17 –Global Mining Supply Company contracts for Novel Use of Plasma in Decarbonization Process
• APRIL 24 – Energy Transition Contract with Leading Global Steelmaker: Plasma use in Primary STEEL Production
• APRIL 25 – Receipt of $970,000 milestone payments for PFAS Destruction Project
• APRIL 30 – New EU Distribution Strategy - Contract to Supply Spanish AEROSPACE Client w/ TITANIUM Powder
• MAY 2 – Green CEMENT Additive Product Compression Strength Testing 99.56% above strength target
• MAY 21 – Receipt of $1.5M from Legal Settlement
• MAY 23 – $1.3M Contract w/ Global STEEL Company [Indian – >$20B company] to Desulphurize Coke Oven Gas. 2nd billion $ client in India
• JUNE 5 – Approval as TITANIUM Powder SUPPLIER to Global Aerospace OEM Client
• JUNE 11 – $2.5M Contract for GHG Reduction System for Major North American Biofuel Project
• JUNE 19 – 2nd Order for TITANIUM powder from Spanish AEROSPACE Client
• JUNE 26 – $4.1M payment from Ma’Aden Saudi Contract
• JULY 9 – HPQ Signs Letter of Intent with EVONIK ($22 BILLION Fumed Silica company)
• JULY 22 – 2-stage Contract for Land-Based Plasma Waste-to-Energy System with European entity. Stage 1 – $2M to design & confirm order of magnitude of Stage 2 – $120-160M system.
• JULY 23 – HPQ/PYR Fumed Silica Reactor (FSR) Commissioning (EVONIK)
• SEPTEMBER 2 – $1M Contract - Phase 1 to Develop Plasma-Based GRAPHITE Production System for client, 10% royalty on revenue from pilot scale production, 5% royalty on subsequent plants. PYR exclusive client plasma supplier.
• SEPTEMBER 19 – PYR Congratulates EARTHGRID on EnerTech Joint Venture for $18 BILLION
• OCTOBER 10 – New After-Sales Contract with US NAVY for $1M for component on USS Gerald Ford Aircraft Carrier
• OCTOBER 21 – Landmark $27M 3-year contract for 20MW Hyper Torch to Defense/Aeronautics US company
• NOVEMBER 19 – Initial Energy Transition Contract w/ Multinational STEEL Manufacturers (Client C). For use in both STEELMAKING & IRON ORE pelletization – PYR designated as official Supplier Status.
• NOVEMBER 26 – $2.8M payment from Ma’Aden Saudi Contract