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PyroGenesis announces approval of NexGen facility by global aerospace client for 3D metal powder production

Published: 07:58 24 Jan 2023 EST

PyroGenesis Canada Inc. -
PyroGenesis said the next and final step is to provide sample titanium metal powder

PyroGenesis Canada Inc. (TSX:PYR, NASDAQ:PYR) told investors that all of the findings and recommendations made by a leading global aerospace company as part of the on-site audit of its NexGen metal powder production facility have been successfully completed and accepted.

Now that the client has approved and accepted its NexGen manufacturing process, PyroGenesis said the next and final step is to provide sample titanium metal powder. The plasma atomized metal powder produced from its proprietary state-of-the-art process will be used for verification and confirmation of its chemical and mechanical properties, the company added.

“The client is a very discerning aerospace company with some of the most stringent and demanding standards,” PyroGenesis Additive vice president Massimo Dattilo said in a statement. "As such, we are very proud to have gained their confidence and to be moving forward to the final phase.”

READ: PyroGenesis Canada passes two annual international standards audits; provides update on 3D printing of metal powders

Having already passed the rigorous qualification process, PyroGenesis said its management believes that future qualification audits from potential clients will be completed in a significantly shorter time frame. PyroGenesis Additive is currently addressing an influx of opportunities from the past year and continues to expand its team in anticipation of meeting this demand, it added.

“We have methodically completed all steps in the client’s on-site quality audit, leaving only the verification of the chemical and mechanical properties of PyroGenesis’ plasma atomized metal powders as the last step,” Dattilo continued. 

“We believe the difficult part is now behind us, and we are looking forward to the prospect of becoming a fully-fledged approved supplier of titanium powder to one of the largest potential clients in North America. Once an approved supplier, PyroGenesis Additive could also supply their service centers," he added.

PyroGenesis Canada is a leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional 'dirty' processes. 

The company has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion-dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing.

Contact the author at stephen.gunnion@proactiveinvestors.com

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