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PyroGenesis Announces Second Titanium Powder Contract with Metal Additive OEM Client

  • PyroGenesis Inc. announced a second US$73,700 (CA$102,132) contract with a U.S.-based original equipment manufacturer serving the additive manufacturing industry.
  • The order involves coarse cut titanium powder produced via the NexGen™ plasma atomization process with particle sizes of 45-150µm for directed energy deposition (DED).
  • The powder has been produced & is expected to be shipped over the coming days; the client's name & material volume remain confidential.
  • CEO P. Peter Pascali noted the rapid placement of this second order reflects growing demand for titanium powder at PyroGenesis' quality & price levels.
  • This contract supports PyroGenesis' six-point strategic plan to grow its Additive Manufacturing Division & achieve critical mass for future expansion.
  • Titanium powder is classified as a critical mineral by both Canada & the U.S. & is used in aerospace, defense, space, medical, & electric vehicle industries.
  • The global 3D printing market specific to titanium powder is projected to grow from $214 million in 2023 to $1.4 billion by 2032.
  • PyroGenesis offers titanium powders in three cuts: Fine Cut (15–63 µm) for laser powder bed fusion, Coarse Cut (45–150 µm) for DED, & Off-Cuts for high-quality alloy feedstock.
  • PyroGenesis holds ISO 9001:2015 & AS9100D certifications & trades on the TSX, OTCQX, & Frankfurt exchanges.