PyroGenesis Confirms Successful Delivery of 4.5 MW Plasma Torch to U.S. Aeronautics and Defense Client

Executive Summary

• PyroGenesis confirmed delivery of a 4.5 MW plasma torch to a U.S. aeronautics and defense client, fulfilling a contract valued at approximately $4.13 M (US$3.13 M).
• The delivery triggers invoicing of $1 M and marks the completion of engineering, fabrication, and assembly phases; installation and testing will begin once remaining peripherals arrive.
• The successful delivery paves the way for a future 20 MW plasma torch order from the same client, representing a significant technical milestone and growth opportunity.

Key Details

• Contract value: ~ $4.13 M (US$3.13 M) for design, build, and peripherals of a 4.5 MW plasma torch system.
• Delivery confirmed to client’s facility in Q1 2026; installation, startup, and testing pending arrival of remaining peripheral components and power supply (expected in coming weeks).
• Invoicing: $1 M billed upon delivery of the completed torch.
• Project background: Previously disclosed in PyroGenesis’ Q3 2025 earnings release (Nov 11 2025) with engineering/fabrication complete and assembly underway.
• Technical significance: 4.5 MW system is the company’s highest‑powered platform to date, surpassing earlier 900 kW (2020) and 2.5 MW (2022) models.
• Future roadmap: Sets foundation for a planned 20 MW plasma torch order placed in Oct 2024, projected to be the largest commercially produced plasma torch.

Notable Quotes

“The completion and delivery of the 4.5 MW plasma torch underscores our ability to continuously raise the bar with respect to plasma power… The successful delivery … marks another important threshold in our technical evolution.” – Mr. P. Peter Pascali, CEO & President, PyroGenesis