Patented metal powder production system will be used to make 3-D printing feedstock
MONTREAL—Quebec-based plasma waste-to-energy systems developer PyroGenesis Canada Inc. has been awarded a $12.5-million contract for 10 of its patented plasma-based powder production systems to be used for 3-D printing.
PyroGenesis said it received the order for 10 of its metal powder production platforms that will be used to provide a metal powder feedstock for 3-D printing production.
“One of the limiting factors in the full commercialization of 3-D printing for metal products is the availability of high-quality, high-purity metal powder,” P. Peter Pascali, president and chief executive of PyroGenesis, said in a release. “Our patented platform can produce these powders effortlessly.”
According to PyroGenesis, it will provide 10 of its powder production systems to the undisclosed international manufacturer over 18 months.
With the latest contract, the company’s backlog of signed contracts now exceeds $20 million, or the equivalent of approximately 350 per cent of its revenues in the previous fiscal year.
All backlogged ordered are expected to be completed by the end of 2015.
“This contract highlights the success PyroGenesis is having with the focused business development strategy implemented last year … and it once again underscores the success PyroGenesis is having in deploying its core plasma technology to niche, high-margin applications,” Pascali said.