Pyrogenesis Canada Inc T.PYR

New Press Release - PyroGenesis Provides Responses to Investor Questions

MONTREAL, July 02, 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 which...read article.

[BCONTVentures]

Some great updates from PyroGenesis, from the NR: Answer 2: Since publication of the Q1 report, this project has evolved and expanded considerably, and is now being negotiated with a total contract value of between $115 - $160 million. Answer 5: The Company has subsequently been negotiating with a North American entity for the sale of a significantly higher power level plasma torch

[BCONTVentures]

Very interesting today's updates.  Answer 5 regarding the plasma torch system with a significantly higher power level (between 15MW to 25MW with a potential contract value of between $15 to $25 million) shows the speed in which PyroGenesis has been able to develop and offer up higher powered torches.  Previously, PYR offerered torches around 1MW in power (2020 ish), then PYR came out