PyroGenesis Canada Inc. (TSX:PYR) announced that it has received and finalized a commercial order for 100 kilograms (kg) of titanium powders for 3D printing under its mutually exclusive partnership agreement with Aubert & Duval.
PyroGenesis said this commercial batch of powder was produced at its state-of-the-art production facility in Montreal, using the company’s NexGen plasma atomization system.
“According to Grand View Research, the global 3D printing market was valued at US$13.84 billion in 2021 and is expected to grow at a compound annual growth rate of 20.8% from 2022 to 2030. Considering the size of this market and our unique manufacturing process, we believe we are well positioned to capture a significant share of the overall titanium powder market,” said Massimo Dattilo, vice president of PyroGenesis Additive in a statement.
“This order is both a significant commercial milestone, as well as further validation of our process and our ability to deliver the highest quality powder produced to the AM industry using our AM process. NexGen Plasma Atomization. We are now making larger commercial batches, not just sample batches, and additional batches are on the way. For comparison, previous sample batches weighed a few hundred grams, while this production batch weighed 100 kg. It’s an exciting time,” he added.
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PyroGenesis said the agreement with Aubert & Duval outlines a strategy between the parties to supply plasma atomized titanium powder, on a mutually exclusive basis, to the additive manufacturing market in Europe.
Aubert & Duval is a subsidiary of the Eramet group, world leader in the industrialization of high-performance steels, superalloys, aluminum and titanium alloys for more than a century.
PyroGenesis Canada is a leader in the design, development, manufacturing and marketing of advanced plasma processes and sustainable solutions that reduce greenhouse gases.
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