- PyroGenesis (PYR) has received facility approval to produce 3D metal powders for a global aerospace client
- The final step is to produce a sample of plasma-atomized titanium metal powder to confirm its chemical and mechanical properties
- PyroGenesis Additive is addressing an influx of opportunities from the past year and is expanding its team to meet this demand
- PyroGenesis offers advanced plasma processes and sustainable solutions to reduce greenhouse gases
- PyroGenesis (PYR) is up by 6.73 per cent, trading at $1.11 per share
PyroGenesis (PYR) has received facility approval to produce 3D metal powders for a global aerospace client.
The news follows PyroGenesis’ completion of all client recommendations as part of its on-site audit.
The final step is to produce a sample of plasma-atomized titanium metal powder to confirm its chemical and mechanical properties.
Given the rigorous nature of the audit, management believes future qualification audits from potential clients will be completed in an expedited timeframe.
PyroGenesis Additive is addressing an influx of opportunities from the past year and is expanding its team to meet this demand.
“The client is a very discerning aerospace company with some of the most stringent and demanding standards. As such, we are very proud to have gained their confidence and to be moving forward to the final phase,” stated Massimo Dattilo, VP of PyroGenesis Additive.
“We believe the difficult part is now behind us, and we are looking forward to the prospect of becoming a fully-fledged approved supplier of titanium powder to one of the largest potential clients in North America. Once an approved supplier, PyroGenesis Additive could also supply their service centers,” he added.
PyroGenesis offers advanced plasma processes and sustainable solutions to reduce greenhouse gases.
PyroGenesis (PYR) is up by 6.73 per cent, trading at $1.11 per share as of 9:45 am EST.