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PyroGenesis Signs First Contract Toward New Titanium Powder Supply Agreement with U.S. Materials Distributor

PYRGF
  • PyroGenesis Inc. announced its first commercial contract with a confidential U.S.-based materials distributor for titanium powder supply.
  • The order consists of Ti64 "fine" cut powder (20-80µm) produced via the NexGen™ plasma atomization process & will ship this week.
  • This contract fulfills initial discussions mentioned in the August 6, 2026 Q2 earnings outlook regarding potential monthly supply agreements.
  • While the client indicated potential monthly requirements could reach 1,000 kg (1 tonne), no commitment for recurring orders at that volume has been made.
  • The powder is intended for laser powder bed fusion (LPBF) additive manufacturing used in aerospace, defense, energy, & advanced manufacturing sectors.
  • President & CEO P. Peter Pascali stated the deal supports strategic goals to expand the Additive Manufacturing Division & grow the customer base in aerospace & defense.
  • PyroGenesis redesigned its plasma atomization technology into NexGen™ to achieve higher quality, yields, & lower operating costs after progressing from gram-scale samples to tonne-scale orders.
  • The company offers three titanium powder cuts: Fine Cut (15–63 µm) for LPBF, Coarse Cut (45–106 µm or 45–150 µm) for EBM & DED, & Off-Cuts for high-quality alloy feedstock.
  • 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 strength-to-weight ratio & corrosion resistance in industries like space, medical, & electric vehicles.
  • PyroGenesis holds ISO 9001:2015 & AS9100D certifications & trades on the TSX, OTCQX, & Frankfurt exchanges.