PyroGenesis receives order for fine-cut Ti powder

Executive Summary

• PyroGenesis Inc. has secured an initial order for fine-cut titanium powder (Ti64) from a U.S.-based contract manufacturer specializing in additive manufacturing for consumer and healthcare sectors.
• The powder, produced via PyroGenesis's proprietary NexGen plasma atomization process, has already been manufactured and shipped to the customer.
• This contract follows a previous announcement of a coarse-cut titanium powder order and aligns with the company's Q3 2025 outlook regarding near-term business line development in the metal additive manufacturing space.

Key Details

• Product: Fine-cut Ti64 titanium powder with a particle size of 20 to 53 microns.
• Technology: Produced using PyroGenesis's NexGen plasma atomization system.
• Application: Intended for use in the client's laser powder bed fusion (LPBF) printing systems, a technology accounting for approximately 50% of the global metal additive manufacturing market.
• Customer Profile: A U.S. contract manufacturer specializing in titanium-based additive manufacturing for consumer products and healthcare industries.
• Financial Terms: Contract value is confidential.
• Timeline: The metal powder has been produced and recently shipped to the customer.
• Strategic Context: The order supports the critical mineral supply chain, offering a product with a lower carbon footprint and no chemical usage compared to non-plasma methods.
• Market Outlook: The global 3-D printing market for titanium powder is projected to grow from $214 million (USD) in 2023 to $1.4 billion (USD) by 2032.

Notable Quotes

• "The services segment of the metal AM space will be a growing presence as the AM industry continues its shift from prototyping to production, driving the need for increased on-demand and localized production capacity," said P. Peter Pascali, president and chief executive officer of PyroGenesis.
• "Expanding our reach to include premier contract manufacturers in key manufacturing hubs, like the client announced today, is an important part of the planned growth of our metal powder business."
• "I believe that the continuous innovation of our patented NexGen plasma atomization system results in enhanced efficiency for metal powder production while at the same time reducing customer costs."