Welcome to our dedicated page for PYROGENESIS news (Ticker: PYRGF), a resource for investors and traders seeking the latest updates and insights on PYROGENESIS stock.
PyroGenesis Canada Inc. is the global frontrunner in pioneering advanced plasma processes, offering engineering, manufacturing know-how, cutting-edge research, and turnkey process equipment to various industries, including defense, metallurgy, mining, and additive manufacturing.
With a dedicated team of engineers, scientists, and technicians stationed in Montreal and a state-of-the-art manufacturing facility, PyroGenesis retains its competitive edge by being at the vanguard of technology development and commercialization.
The company excels in providing innovative plasma torches, waste processes, high-temperature metallurgical processes, and engineering services worldwide. PyroGenesis is ISO 9001:2008 certified and has had ISO certification since 1997.
Rhea-AI Summary
PyroGenesis Canada Inc. appoints Mr. Paul Rajchgod, a seasoned capital markets and venture capital expert, as an independent member of its board of directors. Mr. Rajchgod's vast experience in investment banking and working with high-growth tech companies is expected to enhance PyroGenesis' strategic direction and growth initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
-
Rhea-AI Summary
PyroGenesis Canada Inc. reports its financial and operational results for Q4 and fiscal year 2023, focusing on clean technology growth and environmental solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
Tags
-
Rhea-AI Summary
PyroGenesis Canada Inc. announces a conference call to discuss financial results for the fiscal year ended December 31, 2023, and other developments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
Rhea-AI Summary
PyroGenesis Canada Inc. reacquires intellectual property rights to the PUREVAP Nano Silicon Reactor technology from HPQ Silicon Inc. at no cost. The technology allows for the production of silicon nano- and micro-powders and wires, potentially for use in lithium-ion batteries. The reacquisition aligns with PyroGenesis' focus on sustainable solutions and reducing greenhouse gases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.38%
Tags
-
Rhea-AI Summary
PyroGenesis Canada Inc. announces a contract with a U.S. structural materials entity to develop advanced cement materials, funded by the U.S. Department of Energy. The initial phase is valued at approximately CDN$450,000, with potential for future phases. PyroGenesis will design and build a system for lab-scale cement production using plasma torches to reduce greenhouse gas emissions in the cement industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
Tags
-
Rhea-AI Summary
PyroGenesis Canada Inc. announces the progress in the development of a pilot plant for Fumed Silica Reactor (FSR) technology in collaboration with HPQ Silica Polvere Inc. The project aims to produce fumed silica from quartz in an eco-friendly manner, potentially revolutionizing silica production in North America. The pilot plant is expected to have a 50 TPY output capacity, with scalability to a 1,000 TPY commercial configuration. The market for fumed silica is projected to grow significantly, offering economic and environmental advantages over traditional manufacturing methods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
PyroGenesis Canada Inc. announces the commencement of the construction of a pilot plant for the Fumed Silica Reactor (FSR) technology project, in collaboration with HPQ Silica Polvere Inc. The pilot plant is expected to have a 50 tonne per year output capacity, with potential advantages of three times higher EBIDTA margins and 93% less capital investment compared to conventional fumed silica plants. This development is a significant step towards a more eco-friendly and cost-effective approach to fumed silica production, with potential groundbreaking contributions to the repatriation of silica production to North America. The fumed silica market is expected to grow at a CAGR of 5% to reach US$2.1 billion by 2032, with PyroGenesis being the exclusive supplier of a technology capable of using quartz as a raw material to produce commercial-grade fumed silica.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
-
Rhea-AI Summary
PyroGenesis Canada Inc. announces receiving a non-refundable down payment of $667,252 from a US-based technology company as part of a Master Agreement for the purchase of high power 2MW air plasma torch systems, with potential for additional SOWs and significant impact on revenues and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.44%
Tags
-
Rhea-AI Summary
PyroGenesis Canada Inc. (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY) announced favorable results from an internal economic and technical study for HPQ Silicon Inc.'s Fumed Silica Reactor (FSR) technology project. The study confirmed the viability of scaling up the FSR from a 50 TPY pilot plant to a 1,000 TPY commercial configuration, with potential EBITDA margins three times higher than the industry average and a capital investment 93% less than that required for a conventional Fumed Silica plant. The study revealed a payback period of around 1.7 years and energy consumption between 10-15 KWh per Kg of Fumed Silica. PyroGenesis is an exclusive service provider for HPQ Polvere in respect of the FSR project and will receive royalty payments representing 10% of HPQ Polvere’s eventual sales, with set minimums.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
Rhea-AI Summary
PyroGenesis Canada Inc. (PYR) has been issued a new U.S. Patent No. US 11839918 for its NexGen™ plasma atomization powder, broadening the metal powder market opportunities for metal injection molding in consumer electronics. The patent describes an innovative two-wire simultaneous feedstock approach that targets higher production rates, narrower particle size distribution, and more uniformity and consistency. This new system creates the potential for higher and more efficient production rates, providing customers with the finest, most spherically-consistent, and densest powders, while being more energy efficient and reducing carbon footprint.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
Tags
FAQ
What is the current stock price of PYROGENESIS (PYRGF)?
The current stock price of PYROGENESIS (PYRGF) is $0.3694 as of December 23, 2024.
What is the market cap of PYROGENESIS (PYRGF)?
The market cap of PYROGENESIS (PYRGF) is approximately 82.5M.
What is PyroGenesis Canada Inc. known for?
PyroGenesis Canada Inc. is renowned for being the leading global innovator in advanced plasma processes, providing engineering expertise, cutting-edge research, and turnkey process equipment to various industries.
Where is PyroGenesis based?
PyroGenesis is headquartered in Montreal, where it operates with a team of experienced engineers, scientists, and technicians, along with a 3,800 m2 manufacturing facility.
What industries does PyroGenesis cater to?
PyroGenesis serves a diverse range of industries, including defense, metallurgy, mining, additive manufacturing (3D printing), oil & gas, and environmental sectors.
What certifications does PyroGenesis hold?
PyroGenesis is ISO 9001:2008 certified and has maintained ISO certification since 1997, ensuring high-quality standards in its operations.
What are PyroGenesis' core competencies?
PyroGenesis specializes in providing cutting-edge plasma torches, waste processes, high-temperature metallurgical processes, and engineering services on a global scale.
What sets PyroGenesis apart from its competitors?
PyroGenesis distinguishes itself by staying at the forefront of technology development and commercialization, ensuring it maintains a competitive edge in the market.
What recent achievement has PyroGenesis announced?
PyroGenesis revealed its plan to convert annual royalty rights into ownership interest, showcasing its commitment to further expanding its capabilities and offerings.
How does PyroGenesis contribute to emission reduction?
PyroGenesis addresses emission reduction needs within various industries by providing advanced plasma processes and cutting-edge solutions tailored for a sustainable future.
What recent projects is PyroGenesis involved in?
PyroGenesis is part of the $1 billion Varennes Carbon Recycling Plant, showcasing its involvement in large-scale projects focused on environmental sustainability.
How does PyroGenesis maintain its competitive advantage?
PyroGenesis stays competitive by investing in technology development, remaining innovative in its offerings, and delivering top-notch engineering services to a global clientele.
PYROGENESIS INC
OTC:PYRGF
PYRGF Rankings
PYRGF Stock Data
82.53M
97.32M
44.15%
0.01%
0.08%
Specialty Industrial Machinery
Industrials
United States of America
Montreal