PyroGenesis Fulfills 100kg Titanium Powder Order For 3D Printing

PyroGenesis Canada Inc. (TSX: PYR) announced on Thursday the receipt and completion of a recent commercial order for titanium powders. The said production batch size is around 100 kilograms.

The commercial order is part of the firm’s mutually exclusive partnership agreement with metallurgical firm Aubert & Duval, which aims to supply plasma atomized titanium powder to the European additive manufacturing market.

“We are thrilled to be fulfilling this commercial order, especially given the fact that it came via our partner Aubert & Duval.” said VP for PyroGenesis Additive, Massimo Dattilo.

“We are making larger commercial batches now, not just sample batches, and additional batches are underway. For comparison, previous sample batches were a couple of hundred grams, whereas this production batch is 100kg. It’s an exciting time,” he added.

This particular batch order was produced at the firm’s Montreal facility. It was also said to have used the proprietary NexGen plasma atomization system.

In April 2022, the company reported its full-year 2021 financials, ending the year with $31.1 million in revenue and $38.4 million net loss.

PyroGenesis Canada last traded at $2.42 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

PyroGenesis Sees AMF Launch Proceedings Against Company, CEO, Director

The securities regulator in Quebec, Autorité des marchés financiers (AMF), has elected to take regulator...

Friday, September 1, 2023, 09:02:55 AM

PyroGenesis Raises $1.3 Million At $1.30 Per Unit, Surprising Shareholders

PyroGenesis Canada (TSX: PYR) has seemingly annoyed its shareholders this morning with the announcement of...

Thursday, October 20, 2022, 09:02:46 AM

PyroGenesis Ends Q2 2021 With $8.3 Million In Revenue, $20.4 Million Net Loss

PyroGenesis Canada Inc. (TSX: PYR) shared on Monday evening its financial results for Q2 2021,...

Tuesday, August 17, 2021, 09:41:00 AM

PyroGenesis Receives First Payment Under $6.0 Million Contract Entered Last Year

PyroGenesis Canada (TSX: PYR) will be able to keep the lights on for a few...

Tuesday, November 1, 2022, 09:14:10 AM

PyroGenesis Signs Contract With Major Steelmaker To Assess Use Of Plasma Torches

PyroGenesis (TSX: PYR) has reportedly entered into a contract with one of the three largest...

Tuesday, November 19, 2024, 09:31:30 AM