- PyroGenesis (PYR) has successfully completed Additive Manufacturing NexGen™ powder test runs; commercial powder production begins
- This production line is completely ahead of schedule and is now being produced for clients
- PyroGenesis Canada, a high-tech company, is a leader in the design, development, manufacture and commercialization of advanced plasma processes and products
- PyroGenesis provides its engineering and manufacturing expertise and its turnkey process equipment packages to customers in the defence, metallurgical, mining, advanced materials
- PyroGenesis Canada Inc. (PYR) is up 6.97 per cent and is trading at C$5.37 at market close
PyroGenesis Canada Inc. (PYR) has completed powder test runs using its cutting-edge Additive Manufacturing NexGen™ powder production line.
It is now producing AM metal powders for clients.
“Management also believes that the NexGen™ powder production line will also enable PyroGenesis to uniquely process materials which, until today, did not seem economically feasible,” said P. Peter Pascali, CEO and Chair of PyroGenesis.
“It is very exciting to know that we are now going to be delivering powders to very discerning and distinguished clients. However, I want to caution readers not to be expecting hundreds of tons of powder orders next week,” added Pascali.
“We are where we want to be,” said Mr. Massimo Dattilo, Vice President of PyroGenesis Additive.
“With the advantages of the NexGen™ powder production line, we believe it is only a matter of time given the major top tier aerospace companies and OEMs are already awaiting powders from this new state-of-the-art production line,” added Dattilo.
PyroGenesis Canada, a high-tech company, is a leader in the design, development, manufacture and commercialization of advanced plasma processes and products.
PyroGenesis provides its engineering and manufacturing expertise and its turnkey process equipment packages to customers in the defence, metallurgical, mining, advanced materials (including 3D printing), and environmental industries.
PyroGenesis Canada Inc. (PYR) is up 6.97 per cent and is trading at C$5.37 at market close.