Company
OTCMKTS: PYRNF
PyroGenesis Canada Inc, a high-tech company, is a leader in the design, development, manufacture and commercialization of advanced plasma processes and products. The company provides its engineering and manufacturing expertise and its turnkey process equipment packages to customers in the defense, metallurgical, mining, advanced materials (including 3D printing), and environmental industries. With a team of experienced engineers, scientists and technicians working out of its Montreal office and its 3,800 square metre manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The company’s core competencies allow PyroGenesis to provide innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. PyroGenesis’ operations are ISO 9001:2015 and AS9100D certified.
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The company will collaborate with HPQ Silicon on a novel pilot system to demonstrate the production of fumed silica using a plasma reactor
The company is currently filling orders from several major top-tier aerospace companies and original equipment manufacturers
PyroGenesis and partner HPQ Silicon Resources will be responsible for the production of silicon materials from the PUREVAPTM Quartz Reduction Reactor and the PUREVAPTM Nano Silicon Reactor
For the period ended March 31, 2021, the high-tech company reported revenue of $6,264,503, up 771%, compared to $718,908 in revenue in the first quarter of 2020.
Parts that previously took four hours to produce will now take 15 minutes, CEO Peter Pascali said
PyroGenesis management believes it has become the low-cost producer of Additive Manufacturing metal powder
The acquisition of AirScience Technologies, which designs and builds gas upgrading systems to convert biogas into renewable natural gas, would expand PyroGenesis’ greenhouse gas reduction portfolio
Its metal powders have been selected by a Tier 1 aerospace company based on quality, cost and production advantages
NexGen Plasma Atomization System, with its production rate exceeding 25 kg/h, has shattered all published plasma-atomized production rates for titanium known to management
The technology company’s 2020 revenue came in at $17.8 million, a 269% increase over the $4.8 million it put up in 2019
The company said it is working to develop a process that will transform spent pot lining residues into a fuel that is lower in carbon, as well as into materials that are inert and reusable
The company noted that this patent relates to the production of high purity spheroidal powders for use in additive (3D printing) manufacturing, but which can also be used in hot isostatic pressing (HIP)
The company expects the NASDAQ listing will not only further increase PyroGenesis’ visibility within the financial community but will also increase awareness of its product offerings amongst potential clients
Hardware & electrical equipment
Naccarato, whose environmental services company is listed on the NASDAQ and provides unique radioactive mixed and industrial waste management services, brings to the board more than 30 years of experience
The SEC recently approved its shares for listing in the US as the company believes it has responded to all questions to the full satisfaction of the exchange
Releasing guidance figures on Monday, the group said it expects revenue of between C$3 and C$5 million for the fourth quarter and between C$14 and C$16 million for 2020 as a whole
The company said it will continue to maintain the listing of its shares on the Toronto Stock Exchange, and will trade on both exchanges under the ticker symbol “PYR”
HPQ Silicon Resources declared that a “new era of low-cost manufacturing of nano silicon materials is about to commence”
The additional $1.1 million contract signed with the US-based tunneling client easily vaults the total value of all contracts with this particular client to over $3.6 million
The purpose of the label is to identify solutions that are clean and profitable and have a positive impact on quality of life, as well as encouraging the worldwide adoption of more ambitious environmental targets
