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PyroGenesis’ (TSX:PYR) Plasma Arc Waste Destruction System (PAWDS) outfitted on US Navy’s new $13B aircraft carrier

Industrial, Technology
TSX:PYR
26 October 2022 08:45 (EDT)
PyroGenesis Canada - CEO, P. Peter Pascali.

Source: PyroGenesis Canada.

PyroGenesis Canada’s (PYR) Plasma Arc Waste Destruction System (PAWDS) is in operation on the newly launched USS Gerald R. Ford aircraft carrier.

The ship – the first of four carriers the US Navy has contracted to have the PAWDS system on board – will spend the next two months in both the Mediterranean Sea and the Atlantic Ocean as part of a multi-national exercise with eight other countries, including Canada and France, to prepare the crew for real-world scenarios.

P. Peter Pascali, CEO and Chair of PyroGenesis, commented on the deployment.

“The initial deployment of the USS Gerald R. Ford with our PAWDS on board is truly a milestone for PyroGenesis. To be even a small part of the most technologically-advanced ship ever built is immensely validating – for the company, for the science behind the project, and for the years of work by our team.”

The next aircraft carrier in the Gerald R. Ford Class to utilize the PAWDS system will be the USS John F. Kennedy which is scheduled for delivery to the US Navy in June 2024. 

PyroGenesis has been contracted for a total of four systems, one for each of the four aircraft carriers. Two have been delivered (USS Gerald R. Ford and USS John F. Kennedy), and two are currently under order (the USS Enterprise and USS Doris Miller).

PAWDS is a compact all-electric waste management system for combustible waste. PAWDS eliminates more than 400 pounds of diverse trash material per hour, including the plastic that traditional ship waste systems could not destroy. PAWDS reduces all the ship’s trash – plastic, paper, food, and wood – to vapour, a key aspect, as, without a waste destruction system of this calibre, the ship would be forced to reduce operations, returning to port to off-load trash.

In addition to the contracts for the USS Gerald R. Ford and USS John F. Kennedy, a further $11.5 million two-ship contract with the US Navy was awarded to the company in 2020 for the USS Enterprise and USS Doris Miller.

The USS Enterprise began construction in 2017 with a future delivery date of 2028; the USS Doris Miller will follow.

PyroGenesis Canada Inc is engaged in the design, development, manufacture, and commercialization of advanced plasma processes and systems. The company provides technical & manufacturing expertise, cutting-edge contract research, and turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil & gas, and environmental industries.

PyroGenesis Canada Inc. (PYR) opened trading at C$1.17.


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