PyroGenesis Canada Inc. (TSX:PYR, OTCQX:PYRGF), the developer of plasma processes and products, revealed it received a second order from a Spanish aerospace client to provide titanium metal powder.
Used in additive manufacturing, the titanium metal powder order comes after the client, a leader in aerospace propulsion, issued an order back in April.
Should the current order be completed successfully, PyroGenesis has been told by the buyer it could qualify for a longer-term contract.
Under the new purchase, the Spanish client is set to receive titanium metal powder with a particle size range of between 20µm and 63µm.
“This “fine cut” powder cut range is ideally suited for Laser Powder Bed Fusion (LPB-F) additive manufacturing methods, including Direct Metal Laser Sintering (DMLS) or Selective Laser Melting (SLM), which are widely recognized for their precision and strength in creating complex metal components,” a company statement explained.
PyroGenesis has produced the order using its next-gen plasma atomization system and expects to have the titanium metal powder in transit soon.
“[Earlier in June] we announced that the company had cleared final requirements to become an approved titanium powder supplier to a separate global aerospace OEM,” said president and chief executive Peter Pascali.
“[This] further validates our long-term strategy for this business segment which oftentimes had been questioned.”