Client also negotiating to be primary distributor of PyroGenesis’ titanium powder for Asian market
PyroGenesis Inc. (“PyroGenesis” or “the Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a leader in ultra-high temperature processes & engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today a contract with a company based in Asia, for titanium powder produced by PyroGenesis’ NexGen™ plasma atomization process. The initial contract is for the supply of three “cut” sizes, ranging from fine to coarse. The customer is a materials company (the “Client”) supplying the Asian electronics market (specifically cell phone parts) whose name is being withheld for competitive reasons. The titanium will be used in the additive manufacturing of electronics components.
As outlined in the outlook section of PyroGenesis’ Q4 2025 earnings report (press release dated March 30, 2026), the Company has been in discussions with several companies who have expressed interest in titanium powders. The Client announced today has been in discussions with PyroGenesis for several years during the Company’s progress toward full commercialization of its NexGen plasma atomization system. Initial discussions focused on the possibility of selling multiple systems, but after careful consideration PyroGenesis opted for the distribution model currently being discussed.
The contract announced today will allow the Client to perform final testing and analysis of titanium powder Ti64 produced by the NexGen system, across three different particle sizes: 20-63µm, 53-106µm, and 53-150µm. Once this process is complete, and assuming all regulatory and trade agreements are certified, the Client has indicated it will require multiple tonnes of PyroGenesis’ titanium powder per year. Final volumes are to be determined over the next few weeks. Separately, the Client is negotiating to be the official supplier of PyroGenesis’ titanium powder to the Asian Electronics, Medical, and Aerospace industries.
PROJECT HIGHLIGHTS
Purpose: provide a reliable, superior-quality titanium powder to the Asian market, for use in the additive manufacturing of components in electronics, medical, and aerospace industries.
Scope: initial order for three different titanium powder particle sizes, for final testing and analysis. Once this process is completed, the Client has indicated a need for multiple tonnes of titanium powder per year. Separately, the Client is negotiating to be the primary distributor of PyroGenesis’ titanium powder to the Asian market.
Timeline: the metal powder will be delivered to the Client over the next few weeks.
Strategic Impact: provides superior quality titanium powder to a high-demand industry.
“High-quality titanium powder for additive manufacturing is growing rapidly and is increasingly being adopted across industries such as electronics, where it is enabling the development of high-end, complex, and lightweight devices with enhanced performance and design flexibility,” said P. Peter Pascali, President and CEO of PyroGenesis. “Our NexGen titanium powder has now reached this level of performance, enabling it to serve a wide range of industries, including electronics, where advanced material properties are increasingly critical. We are hopeful that the contract announced today leads to both entry into that market and a long-term distribution agreement with our Client.”
Image: PyroGenesis’ titanium metal powder as produced by its NexGen™ plasma atomization system.
INDUSTRY AND MARKET CONTEXT
- The global 3D printing market specific to titanium powder is expected to increase from $214 million in 2023 to $1.4 billion by 2032. 1
- Titanium is classified as a critical mineral by both Canada 2 and the U.S. 3
- 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.
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