Pyrogenesis Canada Inc - PYR STOCK NEWS

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PyroGenesis Canada Inc. (symbol: PYR) is a world leader in the design, development, manufacture, and commercialization of advanced plasma processes. Headquartered in Montreal with a 3,800 m² manufacturing facility, PyroGenesis offers a range of solutions to various industries, including defense, metallurgical, mining, additive manufacturing (including 3D printing), oil & gas, and environmental sectors.

Renowned for its innovative plasma technologies, the company provides engineering and manufacturing expertise, cutting-edge contract research, and turnkey process equipment packages. PyroGenesis maintains its competitive edge by staying at the forefront of technology development and commercialization, supported by a team of experienced engineers, scientists, and technicians.

The company's core products and services include plasma torches, plasma waste processes, and high-temperature metallurgical processes. PyroGenesis is ISO 9001:2008 certified, a testament to its commitment to quality and excellence since 1997.

Recent achievements highlight PyroGenesis' continuing innovation and market expansion. The company has recently expanded into the coarse cut metal powder market, complementing its existing fine powder offerings. In a notable development, PyroGenesis is preparing for a milestone silicon pour, a key step towards full commercialization of its processes. This advancement positions clients to transition to commercial production plants equipped with PyroGenesis' systems.

PyroGenesis also plays a significant role in environmental sustainability. The company is developing a pilot plant for a unique chemical-free process aimed at producing fumed silica with significant energy savings and carbon emissions reduction.

Moreover, PyroGenesis supports the European Union in eliminating legacy weapons, underscoring its commitment to global safety and environmental protection.

11/09/2023 10:00 PM

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PyroGenesis Announces 2023 Third Quarter Results

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PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR) announces Q3 results, reporting a revenue of $3.7 million, up 21% from Q2 2023, and a backlog of signed contracts of $35 million. The company's focus on Energy Transition & Emission Reduction, Commodity Security & Optimization, and Waste Remediation has led to new contracts and increased demand for plasma torch applications.

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11/09/2023 07:00 AM

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PyroGenesis Announces Successful Third-Party Validation of Fumed Silica from Lab-Scale Production

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PyroGenesis Canada Inc. (PYR) announces successful independent analysis of fumed silica produced in conjunction with HPQ Silica Polvere Inc. and the commencement of production for the fumed silica pilot plant, with significant energy savings and carbon emissions reduction. The Fumed Silica Reactor (FSR) is a plasma-based process that converts quartz into fumed silica in an eco-friendly manner, eliminating harmful chemicals. The latest testing has demonstrated an expected reduction in energy consumption ranging from 87.5% to 90% compared to conventional processes, while CO2 eq. emissions can be reduced by 84% to 88% compared to conventional processes.

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11/07/2023 06:30 PM

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PyroGenesis Schedules 2023 Third Quarter Financial Results and Business Update Conference Call

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PyroGenesis Canada Inc. (PYR) to host conference call to discuss Q3 financial results and corporate progress, with a focus on sustainable solutions and reducing greenhouse gases. Webcast available on company website and live link provided. Inquiries can be submitted ahead of time via email.

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10/27/2023 07:30 AM

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PyroGenesis Announces Intention to Voluntarily Delist from Nasdaq

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PyroGenesis Canada Inc. has announced its intention to voluntarily delist its common shares from Nasdaq and continue trading on the Toronto Stock Exchange. The company estimates over $2 million in annual costs for maintaining a dual listing and expects a substantial increase in expenses in the future. The delisting process is expected to be completed by November 16, 2023.

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10/24/2023 07:30 AM

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PyroGenesis Announces $360,000 Initial Contract for a Plasma-Based PACWAD System for Chemical Warfare Waste Destruction

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PyroGenesis Canada Inc. has received a €250,000 contract from a European engineering services firm for the safe destruction of chemical warfare agents. The contract includes an upfront payment of 45% of the total value. PyroGenesis will provide a lab-scale plasma arc chemical warfare agent destruction system as part of a project to identify and dispose of chemical munitions in marine passageways. The goal is to develop a full-scale system based on the results. The PACWADS system has a 99.9999% destruction efficiency and leaves a non-toxic salt effluent.

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10/11/2023 07:00 AM

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PyroGenesis Announces Successful Silicon “Pour” Validating all Critical Milestones

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PyroGenesis Canada Inc. announces successful milestone pour of silicon from the Purevap Quartz Reduction Reactor (QRR)

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10/04/2023 07:30 AM

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PyroGenesis Announces the Implementation of a NCIB

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PyroGenesis Canada Inc. has received acceptance from the TSX for its Notice of Intention to implement a Normal Course Issuer Bid (NCIB), allowing the purchase of up to 7,500,000 common shares over a 12-month period. The purchases will be made in accordance with TSX rules and the market price at the time of purchase. The Board of Directors believes this will enhance value and liquidity for shareholders.

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10/03/2023 07:30 AM

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PyroGenesis Provides Update on the PUREVAP™ Quartz Reduction Reactor and Fumed Silica Projects with HPQ Silicon Inc.

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PyroGenesis Canada provides an update on its strategic engineering partnership with HPQ Silicon Inc. on two projects: the PUREVAP™ Quartz Reduction Reaction (QRR) pilot plant and the Fumed Silica Reactor (FSR) project. The QRR pilot plant achieves a 25% reduction in raw material use compared to conventional methods and achieves 3N+ silicon purity. The FSR project successfully produces fumed silica with reduced CO2 emissions. Both projects contribute to a more sustainable future. The fumed silica market is expected to reach $2.1 billion by 2032. PyroGenesis' involvement aligns with the recovery of viable metals and the optimization of production to increase output, addressing the demand for critical minerals.

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09/19/2023 07:30 AM

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PyroGenesis Signs Initial Order with Global Aerospace Firm for “Coarse Cut” Titanium Metal Powder for 3D Printing

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PyroGenesis expands into coarse cut metal powder market with new order from global aerospace firm

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09/12/2023 07:30 AM

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PyroGenesis Signs $2.25 Million Plasma Torch Contract for PFAS Removal

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PyroGenesis signs $1.65M contract to destroy PFAS chemicals

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FAQ

What does PyroGenesis Canada Inc. do?

PyroGenesis Canada Inc. specializes in the design, development, manufacture, and commercialization of advanced plasma processes, serving industries such as defense, metallurgical, mining, additive manufacturing, oil & gas, and environmental sectors.

Where is PyroGenesis headquartered?

PyroGenesis is headquartered in Montreal, Canada.

What industries does PyroGenesis serve?

PyroGenesis serves various industries including defense, metallurgical, mining, additive manufacturing, oil & gas, and environmental sectors.

What are some key achievements of PyroGenesis recently?

Recent key achievements include expanding into the coarse cut metal powder market, preparing for a milestone silicon pour, and continuing the development of a pilot plant for a unique chemical-free process to produce fumed silica.

What certifications does PyroGenesis hold?

PyroGenesis is ISO 9001:2008 certified and has maintained its ISO certification since 1997.

What is PyroGenesis' role in environmental sustainability?

PyroGenesis is developing a pilot plant for a chemical-free process aimed at producing fumed silica with significant energy savings and carbon emissions reduction.

How does PyroGenesis support the defense industry?

PyroGenesis provides plasma processes and engineering solutions to the defense industry, including supporting the European Union in eliminating legacy weapons.

What are PyroGenesis' main products?

The main products of PyroGenesis include plasma torches, plasma waste processes, and high-temperature metallurgical processes.

How does PyroGenesis maintain its competitive edge?

PyroGenesis stays at the forefront of technology development and commercialization, supported by a team of experienced engineers, scientists, and technicians.