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PyroGenesis Announces Titanium Powder Contract with a DoD and NASA-Supported U.S. Applied Research Facility

PYRGF
  • PyroGenesis Inc. signed a confidential contract with a large U.S. applied research facility to supply coarse cut titanium powder for critical materials research.
  • The powder was manufactured using the company's NexGen™ plasma atomization process & will be shipped to the client immediately.
  • The client operates one of the largest applied research laboratories supported by the U.S. Department of Defense & NASA, employs over 1,000 personnel, & was established after World War II.
  • Contract delays were primarily caused by the need to confirm PyroGenesis' compliance with the Defense Federal Acquisition Regulation Supplement (DFARS), a process now completed.
  • The specific order is for Ti64 "coarse" cut titanium metal powder with particle sizes between 45-106µm, intended for use in electron beam melting (EBM) technology.
  • The client has indicated an immediate need for potential follow-up orders, marking the first commercial order with this entity.
  • CEO P. Peter Pascali stated this agreement advances the company's strategic goals of expanding the customer base, developing repeat customers, & expanding powder suitability across applications.
  • PyroGenesis offers three titanium powder cuts: Fine Cut (15–63 µm) for laser powder bed fusion, Coarse Cut (45–150 µm) for EBM & directed energy deposition, & Off-Cuts for high-quality alloy production.
  • The global 3D printing market for titanium powder is projected to grow from $214 million in 2023 to $1.4 billion by 2032.
  • Titanium is classified as a critical mineral by both Canada & the U.S. due to its high strength-to-weight ratio & corrosion resistance across industries like aerospace, defense, & medical.
  • PyroGenesis holds ISO 9001:2015 & AS9100D certifications & trades on the TSX, OTCQX, & Frankfurt stock exchanges.