PyroGenesis Inc. Secures First Titanium Powder Supply Contract

On 15 September 2026, PyroGenesis Inc. (TSX: PYR, OTCQX: PYRGF, FRA: 8PY1) announced the signing of its inaugural contract toward a new titanium powder supply agreement with a U.S.-based materials distributor. The agreement, disclosed through multiple news outlets—including Stockwatch, GlobeNewswire, and OTCmarkets—marks a significant milestone in the company’s expanding additive‑manufacturing portfolio.

Scope of the Agreement

The contract involves the delivery of Ti64 fine‑cut powder (particle size 20–80 µm), manufactured via the company’s proprietary NexGen plasma atomization process. Production of the powder has already begun, with shipments scheduled for the current week. While the distributor’s identity remains confidential for competitive reasons, it supplies U.S. customers across the aerospace, defense, energy, and advanced‑manufacturing sectors.

Key details include:

  • Potential monthly supply of up to 1 tonne (1,000 kg), although the initial commitment is for a smaller volume.
  • The order represents the first commercial transaction stemming from a series of discussions the company has had with multiple U.S. firms regarding titanium powder orders.
  • The partnership aligns with PyroGenesis’s strategic focus, outlined in its April 29, 2026 press release, to scale its Additive Manufacturing Division and capture larger market shares in aerospace and defense.

Technology Advantage

PyroGenesis is recognized as the inventor of the plasma atomization process, a method considered the gold standard for producing metal powders suitable for laser powder bed fusion (LPBF). The company’s recent redesign of the technology—now branded as NexGen—delivers higher quality powders at lower operating costs, enabling a more efficient transition from gram‑scale samples to kilogram‑scale production.

The firm has a track record of delivering titanium powders in three distinct particle‑size cuts:

  1. Fine Cut (1563–? µm) for LPBF.
  2. Coarse Cut (451–06 µm) for electron beam melting (EBM) and 451–50 µm for directed energy deposition (DED).
  3. Off‑Cuts for other specialized applications.

Market Implications

With a market capitalization of approximately $47.5 million CAD and a current share price of $0.21 (as of 15 September 2026), PyroGenesis continues to pursue growth in high‑technology sectors. The new titanium powder contract is expected to:

  • Expand the company’s customer base within aerospace and defense, sectors identified as central to its strategic objectives.
  • Demonstrate the scalability of its NexGen process, potentially attracting further orders and larger volume commitments.
  • Reinforce its positioning as a leading plasma‑based technology provider to heavy industry and defense.

Outlook

According to President and CEO P. Peter Pascali, the partnership “directly supports the strategic goals outlined in our April 29, 2026, press release: positioning the Additive Manufacturing Division for its next level of growth, with operations anticipated to be several times larger than those currently in place.” The agreement exemplifies PyroGenesis’s deliberate commercialization approach, moving from customer samples to full‑scale production and now to a commercial supply contract that may serve as a catalyst for future expansion in the additive‑manufacturing market.

While the company remains cautious about confirming recurring orders at the higher potential volume, the initial contract signals growing confidence in the market’s appetite for high‑quality titanium powders and underscores PyroGenesis’s role as a key innovator in plasma‑atomized metal production.