PyroGenesis Inc T.PYR

PYR receives Federal Government Funding

[BCONTVentures]

PyroGenesis receives Federal Government funding through the Energy Innovation Program (EIP):

@ToolmanTimTalk about "validation" ... the Federal Government of Canada is investing directly in Pyrogenesis. https://www.canada.ca/en/natural-resources-canada/news/2025/01/federal-government-invests-in-made-in-canada-technologies-to-advance-clean-fuels-sector0.html

@risetothetop@ToolmanTim - here's another link that provides a tad bit more amplifying info. It's interesting that the article states "with long-lasting electrodes" : https://canada.constructconnect.com/dcn/news/resource/2025/01/feds-announce-over-11m-for-clean-fuel-projects

 

High-Power Plasma Torch for Heavy Industry

• Recipient: PyroGenesis Inc.
• Location: Montreal, Que.
• EIP Funding: $424,000
• The project will create high-power, durable plasma torches with long-lasting electrodes by designing, building and testing prototypes, providing a sustainable alternative to fossil fuel burners for high-temperature industrial applications.

[BCONTVentures]

And from ceo: @pennytodollarSomeone also posted 400k from the Canadian government that was on Jan 7th and looks like it may be a chunk of payment related to this project: https://natural-resources.canada.ca/science-and-data/funding-partnerships/opportunities/current-investments/high-power-plasma-torch-for-heavy-industry/26571 @pennytodollarhttps://natural-resources.canada.ca/science-and-data