Nikola has sold zero cars and won't until next year--market cap 13 billion.
Fisker has sold zero cars and won't make first car until late 2022 with a 4 billion market cap.
No revenue for either company and massive competition--particularly from Telsa, Lordstown, Nio, Workhorse, GM etc. and a market cap 8 to 26 times PYR.
PYR has sales, no debt, a 42 million backlog and no competition due to patents and now a foot in the door with a huge company.
Modeling was virtual so it makes total sense that they would buy one torch first to make sure everything works in reality before dropping millions more. Would not be surprised if next order happened soon after observing this one in person.