PyroGenesis confirms half-tonne order for immediate delivery of titanium metal powder

PyroGenesis Inc., the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today the recent signing of a half-tonne contract with a Global Aerospace Leader for the supply of titanium metal powder produced by PyroGenesis’ NexGen plasma atomization process. This contract was achieved as part of a competitive bid process, and represents the first order received since official supplier status was granted to PyroGenesis by the client after a multi-year certification process.

The contract is for the supply of “coarse” cut Ti64 powder (particle size: 45-150µm [microns]). The powder produced by PyroGenesis’ NexGen plasma atomization system will be shipped to the customer in the coming days. The powder is to be used as part of the customer’s aerospace research and development program. The contract value will remain confidential for competitive reasons.

Project Highlights

- Scope: half-tonne supply of PyroGenesis’ “coarse” cut titanium metal powder, produced by its NexGen plasma atomization process, to Global Aerospace Leader.

- Timeline: the metal powder will be shipped to the customer in the coming days.

- Strategic Impact: producing a superior quality titanium metal powder using PyroGenesis’ high efficiency NexGen plasma atomization process helps protect the critical mineral supply chain for an aerospace industry leader.

“This order is a great start to our supplier relationship with this global aerospace leader, especially as it came under a competitive bid process between approved suppliers,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “I believe this contract demonstrates how the continued innovation in our patented NexGen plasma atomization system offers enhanced efficiency for metal powder production and reduces customer costs, reinforcing our competitive advantage and supporting the company’s long-term value creation strategy.”

Industry And Market Context

- The global 3D printing market for titanium powder is expected to increase from $214 million in 2023 to $1.4 billion by 2032.

- Titanium is classified as a critical mineral by both Canada and the U.S.

- Titanium is used by multiple industries, including space, aerospace, defense, consumer electronics, medical, hydrogen, and electric vehicles, due to its high strength-to-weight ratio and corrosion resistance

PyroGenesis is the inventor of the plasma atomization process and in fact coined the term “plasma atomization” in its original patent. The Company’s NexGen system is a patented upgrade to what is considered the gold standard process for the development of metal powder for additive manufacturing, also referred to as metal 3D printing.