PyroGenesis Canada is a Canadian hi-tech company which is designing, developing, manufacturing, and commercializing advanced technologies through the use of plasma-based systems and plasma torch products. Via the Company’s proprietary technology, PyroGenesis is able to efficiently convert a variety of waste products into energy, fuel, synthetic gas, and other reclaimable resources.
With plasma applications which the Company has pioneered in conjunction with the U.S. Department of Defense, PYR has been able to design plasma waste-processing systems suitable for installation on aircraft carriers, yet compact enough to be utilized in remote camps. More recently, the Company has been exploring new opportunities in 3-D printing, starting with production systems. However, in more closely-evaluating the market, management saw much more lucrative revenue potential by shifting toward in-house manufacturing of titanium powders versus selling the systems which produced those powders. [...]