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PyroGenesis Announces Titanium Powder Contract with Metal Additive OEM

PYRGF
  • PyroGenesis Inc. signed a confidential contract with a U.S.-based original equipment manufacturer serving the additive manufacturing industry.
  • The agreement covers the supply of coarse cut titanium powder produced via PyroGenesis' NexGen™ plasma atomization process.
  • The powder has already been produced & is scheduled for shipment in the coming days.
  • This order represents the first commercial transaction with the client following successful lab & performance testing on sample batches.
  • The specific product is Ti64 coarse cut titanium metal powder with particle sizes ranging from 45-150µm.
  • The powder is intended for directed energy deposition (DED) applications used in the aerospace & defense sectors to print or repair large-scale structural components.
  • CEO P. Peter Pascali stated the deal advances the company's strategic goals of expanding the customer base, developing repeat customers, & broadening powder suitability across applications.
  • PyroGenesis produces titanium powders in three distinct cuts: Fine Cut (15–63 µm) for laser powder bed fusion, Coarse Cut (45–150 µm) for electron beam melting & DED, & 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.
  • PyroGenesis' operations are ISO 9001:2015 & AS9100D certified & the company trades on the TSX, OTCQX, & Frankfurt stock exchanges.