- PyroGenesis (PYR) is announcing an upcoming audit of its metal powder production facility in Montreal
- The audit will be conducted in September by a tier-one North American global aerospace company as part of an existing qualification agreement
- PyroGenesis expects its production process to be certified for commercial orders by year end
- PyroGenesis Canada focuses on advanced plasma processes and sustainable solutions to reduce greenhouse gases
- PyroGenesis (PYR) is up by 4.44 per cent trading at $1.88 per share
PyroGenesis (PYR) is announcing an upcoming audit of its metal powder production facility in Montreal.
The audit will be conducted in September by a tier-one North American global aerospace company as part of an existing qualification agreement.
Once production is determined to be reliable, PyroGenesis will provide final powder samples to test specific mechanical and chemical properties.
Once all steps are completed, approximately by year end, the client will certify the metal powders for use and PyroGenesis’ production process will be ready for commercial orders.
PyroGenesis believes its production process puts it in a position to capture a significant share of the overall titanium powder market. It is currently in discussions to build and operate a metal powder manufacturing facility in Europe to meet expected demand.
“After many months of document review and process improvements, we are now proud and honored to be showcasing our facility, our staff, and our groundbreaking process to this major international corporation – a legendary company who continues to be a world leader in design, engineering, and manufacturing of airplanes and aerospace technology,” said P. Peter Pascali, CEO and Chair of PyroGenesis.
PyroGenesis Canada focuses on advanced plasma processes and sustainable solutions to reduce greenhouse gases.
PyroGenesis (PYR) is up by 4.44 per cent trading at $1.88 per share as of 11:31 am EST.
