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  • PyroGenesis Canada Inc. (PYR) has secured a $1.5 million government award from Innovative Solutions Canada for a phase 2 contract in developing a hybrid ceramic powder processing system
  • PyroGenesis’s system utilizes a thermal plasma process to synthesize carbon nanotubes and deposit them on a ceramic powder within a single plasma reactor
  • PyroGenesis is in the process of building an integrated and automated system to produce high quality ceramic powder products in a safe, economical, and scalable manner
  • Phase 2 follows a successful first phase as proof of concept
  • PyroGenesis is a company that designs, develops, manufacture and commercialize advanced plasma processes and sustainable solutions to reduce greenhouse gases
  • PyroGenesis Canada Inc. (PYR) is unchanged trading at $4.94 per share at 3:21 p.m. ET

PyroGenesis Canada Inc. (PYR) has secured a $1.5 million government award for a phase 2 contract in developing a ceramic powder processing system.

PyroGenesis’s system utilizes a thermal plasma process to synthesize carbon nanotubes and deposit them on a ceramic powder within a single plasma reactor.

Carbon nanotubes hold significant potential for mechanical reinforcement in composite materials like ceramic.

The bundling of carbon nanotubes has prevented this potential from being realized, which the system intends to resolve.

PyroGenesis is in the process of building an integrated and automated system to produce high-quality ceramic powder products in a safe, economical, and scalable manner.

First it would optimize the process, then finalize the design and manufacturing of the system.

Phase 2 follows a successful first phase as proof of concept.

Pierre Carabin, CTO and chief strategist of PyroGenesis cited the advantage of its solution is being able to process ceramic powder in the same reactor as the carbon nanotube synthesis.

“We believe this process will prove far more efficient and scalable than conventional technologies such as the chemical vapor deposition process,” he said.

“Additionally, we believe that our technology is capable of processing a variety of composite materials, which could lead to the development of new IP and product lines for other specialty powder production technologies.”

PyroGenesis is a high-tech company that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases.

PyroGenesis Canada Inc. (PYR) is unchanged trading at $4.94 per share at 3:21 p.m. ET.

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