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PyroGenesis Signs Landmark $27 Million 3-Year Contract for 20MW Plasma Torch

Oct 21, 2024•over 1 year ago

Contract Type

contract

Montreal

Description

PyroGenesis Canada Inc. is pleased to announce a signed contract valued at approximately $27 million (US$19.6 million) from an existing U.S. client for the development of a 20 megawatts plasma torch system. The project is expected to start within the next 30 days, with an approximate duration of 3 years, pushing the Company’s project backlog to over $55 million for the first time in its history.

Company Information

Company

PyroGenesis Canada

Location

Montreal, Quebec, Canada

About

PyroGenesis Canada Inc., a high-tech company, 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. PyroGenesis 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. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997.

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