Welcome to our dedicated page for PYR news (Ticker: PYR), a resource for investors and traders seeking the latest updates and insights on PYR stock.
PyroGenesis Canada Inc. (PYR) delivers cutting-edge plasma solutions across defense, environmental, and industrial sectors. This dedicated news hub provides investors and industry professionals with essential updates on technological breakthroughs, strategic partnerships, and operational milestones.
Access verified information about plasma torch innovations, metal powder market expansions, and sustainability initiatives including the chemical-free fumed silica project. Track progress on critical developments like the commercial-scale silicon pour and EU defense contracts.
Our curated news collection covers earnings reports, manufacturing updates, and environmental achievements while maintaining strict compliance with financial disclosure standards. Bookmark this page for real-time access to PYR's evolving position in advanced manufacturing and green technology sectors.
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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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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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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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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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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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PyroGenesis Canada Inc. announces successful milestone pour of silicon from the Purevap Quartz Reduction Reactor (QRR)
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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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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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PyroGenesis expands into coarse cut metal powder market with new order from global aerospace firm
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PyroGenesis signs $1.65M contract to destroy PFAS chemicals
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