PyroGenesis Inc.
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PyroGenesis Announces MOU Toward Joint Venture for Commercial Scale Fumed Silica Plant
Globenewswire· 2026-02-12 12:15
PyroGenesis would build commercial fumed silica reactor for USD$20 millionMONTREAL, Feb. 12, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis” or “the Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, announces today that its client HPQ Silicon Inc. (“HPQ”), through its wholly owned subsidiary, HPQ Silica Polvere Inc. (“HSPI”), and an industrial Joint Venture p ...
HPQ Signs Joint Venture MOU for a Commercial Fumed Silica Plant with Strategic Partner
Globenewswire· 2026-02-12 12:00
The MOU outlines a partnership and a path toward a commercial 1,000 Tonne Per Year fumed silica plantMONTREAL, Feb. 12, 2026 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company driving innovation in advanced materials and critical process development, announced that its wholly owned subsidiary, HPQ Silica Polvere Inc. (“HSPI”) [1], has signed a non-binding memorandum of understanding (the “MOU”) with a strategic in ...
HPQ Silicon Increases Equity Stake in Novacium SAS, Strengthening Global Exposure and Short and Medium-Term Value Creation
Globenewswire· 2026-02-03 12:30
Core Viewpoint - HPQ Silicon Inc. has increased its equity interest in Novacium SAS from 28.4% to 36.8%, reflecting a strategic move to enhance value participation as Novacium's technologies progress towards commercialization [1][5][11]. Transaction Details - The transaction involves HPQ acquiring an additional 8.4% interest in Novacium for a total consideration of C$4,033,425 (€2,500,000) through the issuance of common shares at a deemed price of C$0.18 per share [2][3]. - HPQ will issue a total of 22,407,916 common shares to three shareholders as part of this transaction [3]. Strategic Implications - The increased ownership is seen as a way to enhance HPQ's economic exposure to future upside while maintaining a disciplined investment approach [6][9]. - This move strengthens HPQ's participation in international revenues and royalty flows, particularly important given Novacium's portfolio of interdependent process technologies [7][8]. - The transaction is expected to improve alignment around intellectual property stewardship and commercialization strategy, reducing exposure to fragmented licensing and competing regional priorities [8][9]. Corporate Development Perspective - The increased stake enhances HPQ's flexibility regarding future strategic partnerships and value-realization paths while maintaining a disciplined capital deployment strategy [9]. - Management believes this transaction reduces execution risk by aligning HPQ more closely with Novacium's founders and technical leadership [9]. Technology Portfolio Expansion - Novacium represents a strategically important extension of HPQ's technology portfolio, focusing on multiple high-value platforms including battery materials, hydrogen systems, and circular-economy solutions [10][14]. - The company is developing silicon-based high-performance battery materials and hydrogen generation systems, which align with HPQ's broader energy-transition focus [15][16]. Execution Capabilities - Novacium's technical leadership and execution capabilities are considered key differentiators, allowing HPQ to extend its technical reach without duplicating infrastructure [18][19]. - The collaboration is expected to support execution across battery and hydrogen initiatives, reinforcing a partnership built around shared objectives and long-term value creation [20].
PyroGenesis Confirms Additional Independent Verification of Its Fumed Silica Meeting Commercial Grade “150”
Globenewswire· 2026-02-03 12:00
Fumed silica is now confirmed as being commercial grade 150 by multiple labs.MONTREAL, Feb. 03, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis” or “the Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, confirms, further to a recent press release from the Company’s client HPQ Silicon Inc. (“HPQ”), receipt by the Company of additional independent verification o ...
PyroGenesis Confirms Successful Delivery of 4.5 MW Plasma Torch to U.S. Aeronautics and Defense Client
Globenewswire· 2026-01-27 12:00
Delivery lays the groundwork for four-fold scale-up to a 20 MW plasma torch, currently in development for same aerospace client.MONTREAL, Jan. 27, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), the leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, confirms today the successful delivery of a 4.5 MW plasma torch to its client, a U.S. aeronautics and defense client. Image: ...
PyroGenesis Announces Second Titanium Powder Order Under Powder Supply Agreement with U.S. Minerals and Metal Technology Company
Globenewswire· 2026-01-22 12:00
Core Viewpoint - PyroGenesis Inc. has secured an additional contract for one tonne of titanium powder, produced through its NexGen™ plasma atomization process, under a supply agreement with a U.S. minerals and metal technology company, marking the second order since the agreement was signed in Q4 2025 [1][4]. Group 1: Contract and Delivery - The recent order is for one tonne of titanium powder, which will be delivered to the client in the coming days [3][4]. - This order follows an initial order of 3.5 tonnes of titanium powder under the same supply agreement [4]. Group 2: Strategic Importance - The titanium powder serves as a reliable, high-quality feedstock for developing titanium alloys, essential for various industries such as aerospace, defense, and electric vehicles [2][13]. - The contract supports the protection of the critical mineral supply chain for titanium while utilizing a sustainable manufacturing process [3][6]. Group 3: Market Context - The global market for titanium powder in 3D printing is projected to grow from $214 million in 2023 to $1.4 billion by 2032, highlighting the increasing demand for titanium in multiple sectors [13]. - Titanium is classified as a critical mineral by both Canada and the U.S., underscoring its importance in advanced manufacturing [13]. Group 4: Company Background - PyroGenesis is recognized as the inventor of the plasma atomization process and has developed the NexGen™ system, which is considered a significant advancement in metal powder production for additive manufacturing [10][11]. - The company has over 35 years of experience in plasma technology and serves various industries, including aerospace and defense [11].
PyroGenesis Signs Agreement with U.S. Defense Contractor to Jointly Pursue Chemical Weapon Destruction Contracts in Syria
Globenewswire· 2026-01-06 12:00
Core Insights - PyroGenesis Inc. has signed an agreement with a U.S. multinational engineering corporation to pursue contracts for the safe destruction of chemical weapons in Syria, utilizing its PACWADS technology [1][4][5] Group 1: Project Overview - The project aims to safely destroy remaining chemical weapons in Syria produced and stored by the previous regime [2] - The scope includes design, engineering, supply of PACWADS systems, auxiliary systems, setup, engineering/training support, and after-sales service [2] - The timeline for the project involves responding to tendered projects during 2026 [2] Group 2: Strategic Importance - This initiative supports the global need to eliminate weapons of mass destruction, particularly chemical weapons under the UN's Chemical Weapons Convention [3] - The agreement is a continuation of previous negotiations with a multinational defense contractor regarding the sale of PACWADS technology for chemical weapon destruction [4] Group 3: Technology Details - The PACWADS system is a mobile, efficient, and versatile destruction system that uses high-temperature electric plasma to eliminate various biological warfare agents and chemicals, achieving a destruction efficiency of 99.9999% [6] - The system leaves only a non-toxic salt effluent, making it safer for disposal [6] Group 4: Industry Context - The use of plasma-based technology for chemical weapons destruction offers a cleaner and safer alternative to traditional methods like incineration or neutralization [13] - The initiative aligns with global efforts to prohibit chemical weapon use and eliminate stockpiles, especially in light of Syria's historical use of chemical weapons during the civil war [13]
PyroGenesis Provides 90-Day Cancellation Notice to EarthGrid
Globenewswire· 2025-12-23 12:00
Core Viewpoint - PyroGenesis Inc. has announced the termination of its exclusivity arrangement with EarthGrid, allowing the company to pursue other tunneling-related projects after a 90-day notice period [2][4]. Group 1: Agreement Details - PyroGenesis provided a 90-day notice to EarthGrid to end the exclusivity arrangement and cancel the existing master agreement for tunneling-related projects [2]. - A non-refundable down payment of US$500,000 was received from EarthGrid as part of a signed Master Agreement, which initially included a period of exclusivity [3]. - The exclusivity terms were extended previously, but recent developments led PyroGenesis to believe that releasing both parties from the agreement is the best course of action [4]. Group 2: Company Background - PyroGenesis is a leader in ultra-high temperature processes and plasma-based technology, serving heavy industry and defense sectors [2]. - The company has 34 years of experience in plasma technology and provides advanced engineering solutions across various industries, including aluminum, aerospace, and military [5]. - PyroGenesis operates from its headquarters in Montreal and maintains ISO 9001:2015 and AS9100D certifications, with ISO certification held since 1997 [5].
PyroGenesis Signs Contract Toward the Use of Plasma in the Treatment of Low-Level Radioactive Waste
Globenewswire· 2025-12-17 12:00
Core Viewpoint - PyroGenesis Inc. has signed an initial design phase contract with a European organization specializing in radioactive waste processing and nuclear decommissioning, focusing on the development of a plasma furnace for treating low-level radioactive waste [1][2]. Company Overview - PyroGenesis is a leader in ultra-high temperature processes and engineering innovation, providing plasma-based technology solutions to heavy industry and defense [1][10]. - The company has over 34 years of experience in plasma technology and serves various sectors, including aluminum, aerospace, steel, and environmental services [10]. Project Highlights - The contract aims to define technical specifications, sizing, and design parameters for a plasma-equipped furnace as part of a potential radioactive waste vitrification and treatment plant in Europe [5]. - The project includes an engineering study, simulations, and design evaluations comparing plasma torch furnaces to electric arc furnaces [5]. Industry Context - The European Union relies on nuclear power for approximately 24% of its electricity, with around 100 nuclear reactors across 12 countries [12]. - The nuclear installed capacity in the EU is projected to increase from 98 GWe in 2025 to approximately 109 GWe by 2050, leading to a rise in low- and very-low-level radioactive waste [12]. - Low-level radioactive waste constitutes about 61% of the stored volume of radioactive waste in the EU, while very-low-level waste accounts for around 30% [12][6]. Strategic Impact - The growing nuclear capacity in the EU necessitates the development of safe and effective treatment processes for low-level radioactive waste, positioning PyroGenesis' plasma-powered furnace systems as a viable solution [6][7].
HPQ Silicon Secures UN 38.3 Certification for HPQ ENDURA+ 18650 & 21700 Cells
Globenewswire· 2025-12-16 12:00
Core Viewpoint - HPQ Silicon Inc. has achieved UN 38.3 certification for its high-performance lithium-ion cells, marking a significant step in its commercialization strategy and enabling global shipping and industrial adoption of its products [1][3][4]. Regulatory Compliance - The UN 38.3 certification confirms that HPQ's lithium-ion cells meet international safety and transport requirements, validating their design robustness and quality standards [2][7]. - The certification allows HPQ to ship ENDURA+ cells to customers and industrial partners across North America and internationally, facilitating commercial discussions and supply agreements [8]. Product Specifications - The HPQ ENDURA+ line includes two formats: 18650 (4,000 mAh) and 21700 (6,000 mAh), both offering high energy density (>300 Wh/kg) and approximately 1,000 charge-discharge cycles [9]. - The cells have successfully passed all eight mandatory UN 38.3 tests, ensuring they can withstand various stress tests such as altitude simulation, thermal cycling, and shock [6][15]. Industrial Strategy - HPQ aims to produce up to 1.5 million cells per year through its partnership with Novacium SAS, utilizing established third-party production lines to scale its operations [10]. - The company is preparing for UL1642 certification, which is necessary for commercial deployment in the U.S. market, with most related tests already completed internally [11]. Company Overview - HPQ Silicon Inc. is focused on innovation in advanced materials and critical process development, including next-generation silicon-based anode materials and clean-hydrogen technologies [12][13].