PyroGenesis Inc T.PYR

PYR CEO response to EV powders comment in Financials

[developbc]

This is incredible..wow. Totally seperate and unrelated to what PYR is doing w Purevap in the EV space!! WOW!
 

Electric vehicles powders comment in Financials

Hi Peter,
Congratulations on the great financials. The release was incredibly well put-together; I really appreciated the updates into each business line.

There is one piece of news I was hoping you could provide a bit of clarification.

In the following sentence from the financials, are the powder needs referring to HPQ PUREVAP Silicon powders or is this powder a product of Pyro's AM powder production: 

"we have recently expanded the target market to also address the unique needs of the electric vehicles marketplace who have recently approached us with their powder needs."

I ask because we know that HPQ also received an order from an EV manufacturer for Nano Silicon powders, so I'm wondering if this is a separate and new piece of information.

 

Thanks in advance. All the best to everyone at Pyro, keep up the great work!

MazerRR
 

Dear MazerRR,

Good to hear from you again.

It was our MDA. It was our news.

Completely separate.  Completely new. 

Does not compete at all with HPQ.

 

Hope that Helps,

 

Peter

[Thinkbigsti69]

Yes develpopbc two very distinct markets. HPQ with the battery silicon powder space and PYR with the AM space. I can only guess that PYR has to do with what is not silicon powder for EV's.

[Yajne]

So glad MazerRR asked that question! Peter's response was exactly what I had hoped for, on a subject that I posted about yesterday, ... the inquiry from somebody in the EV space who had recently approached PYR with their powder needs. Like any industry that is looking for cost savings and improved quality on parts, the EV space would seem a natural fit for 3D printing. Although PYR and HPQ are

[Thinkbigsti69]

Yes of course patience will be called for but again maybe not for long. I am under a clear impression from what I have read from several reports that powders, either from PYR's AM division or HPQ's silicon will churn out revenues a hell of a lot faster than Drosrite or torches for pelletization ever could. Powders will propel the share price of both cos to loftier levels. 2021 will be the

[BCONTVentures]

This is huge news, many thanks to MazerRR for asking this question.  I also find it exciting/intriguing regarding this quote from the news release (NR): "we have recently expanded the target market to also address the unique needs of the electric vehicles marketplace who have recently approached us with their powder needs." PyroGenesis was approached by this client(s) for their