PyroGenesis Inc T.PYR

New Press Release - PyroGenesis Kicks Off New European Distribution Strategy with Contract to Supply Spanish Aerospace Entity with Titanium Metal Powder

MONTREAL, April 30, 2024 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions...read article.

[BCONTVentures]

Excellent news! From the NR: "The order has already been produced using PyroGenesis’ NexGen™ plasma atomization system and will soon be in transit to the client." and “This contract represents our initial commercial metal powder order from a European client, a significant milestone under our new direct distribution strategy. This powder is primarily utilized in laser bed applications

[BCONTVentures]

And here is a study that used PyroGenesis' additive manufacturing (AM) powders: Uncertainties Induced by Processing Parameter Variation in Selective Laser Melting of Ti6Al4V Revealed by In-Situ X-ray Imaging https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8779089/

[sorrenson]

whereby the Company and Aubert & Duval mutually agreed to end their distribution agreement.

[Mostlyserious]

And for so long that relationship was described as a great thing for so many reasons.  Now that it has ended, it is a good thing. Wonder how long ago it ended.  Wonder whether faster and more sales would have been achieved if A&D wanted to continue the agreement. We will never know.  But we do know that there is no $ value reported in this contract and given previous