PyroGenesis Successfully Ships First Commercial Samples of Additive Manufacturing Plasma-Atomized Titanium Powder
“These are the first samples shipped using PyroGenesis’ cutting-edge Additive Manufacturing (“AM”) NexGen™ powder production line,” said Mr.
“This shipment represents the first of many expected shipments of PyroGenesis’ titanium powder,” added Mr.
The NexGen™ production line incorporates several revolutionary improvements such as the highest published production rate known to management, lower CAPEX, lower OPEX,while at the same time providing a narrower particle size distribution. PyroGenesis is entering the AM powder market with a production line which management believes is the low-cost producer in its class. As previously disclosed, PyroGenesis is currently filling orders from several major top-tier aerospace companies, and OEMs.
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This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward- looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Corporation's current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation's ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.sec.gov. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward- looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the
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For further information please contact:
Rodayna Kafal, Vice President, IR/Comms. and Strategic BD
Phone: (514) 937-0002, E-mail: ir@pyrogenesis.com
RELATED LINK: http://www.pyrogenesis.com/
Source: PyroGenesis Canada Inc.