{"id":68873,"date":"2019-07-29T13:34:02","date_gmt":"2019-07-29T05:34:02","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m.3dm"},"modified":"2019-07-29T13:34:02","modified_gmt":"2019-07-29T05:34:02","slug":"2016-contracts-for-pyrogenesis-exceed-cdn11-2m","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m\/","title":{"rendered":"2016 contracts for PyroGenesis exceed CDN$11.2M"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">41<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">4<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">35<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">2<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p>PyroGenesis (TSX-V: PYR) (OTCQB: PYRNF), a Canadian listed company announced recently that they have signed military contracts totaling over US$1.3MM. PyroGenesis, with a head office in Montreal, designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products. They provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing, oil &amp; gas, and environmental industries.<\/p>\n<p>The most recent contract signing comes after the announcement earlier this year of five fully funded military contracts totaling approximately CDN$3.8MM, the first of which was signed for US$950,000. The money is being put to good use, with the first payment of $139k being spent to develop the Tactical Mobile Plasma System, which will be used for the destruction of chemical warfare agents<\/p>\n<figure id=\"attachment_96630\" style=\"width: 820px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-96630\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/peter_21.jpg\" alt=\"PyroGenesis CEO Peter Pascali. Image: PyroGenesis\" width=\"820\" height=\"547\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/peter_21.jpg 820w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/peter_21-150x100.jpg 150w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/peter_21-770x514.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/peter_21-200x133.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/peter_21-500x334.jpg 500w\" sizes=\"(max-width: 820px) 100vw, 820px\" \/><figcaption class=\"wp-caption-text\">PyroGenesis CEO Peter Pascali. Image: PyroGenesis<\/figcaption><\/figure>\n<p style=\"text-align: left;\">The additional contracts announced this week still need specifics to be approved by clients, so details are scarce, but expect to be updated within the next sixty days.<\/p>\n<p>The remaining balance of approx. CDN$800,000 to be contracted for is expected to be signed within the next sixty days, with the total amount of CDN$3.8MM expected to be completed within Q1 2017.<\/p>\n<p>Additionally, the Company announced that a separate military contract for approx. US $1MM (CDN$1.3MM) is expected to be signed within the next forty-five days, details of which will be released at that time.<\/p>\n<blockquote>\n<p>&#8220;The signing of these contracts are a continued testament to the level of confidence military organizations have in PyroGenesis&#8217; experience and expertise, and our ability to perform to such distinct military standards,&#8221; said P. Peter Pascali, President and CEO of PyroGenesis. &#8220;Furthermore, as a result, the Company has now signed, since June 30, 2016, contracts in excess of $11.2MM, and with the signing of the additional contracts noted herein, this benchmark is expected to increase, within the next 45 days, to more than CDN$13MM, or over 2x 2015 revenues.&#8221;<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>41shares 4 35 2 PyroGenesis (TSX-V: PYR) (OTCQB: PYRNF), a Canadian listed company announced recently that they have signed military contracts totaling over US$1.3MM. PyroGenesis, with a head office in Montreal, designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products. They provide engineering and manufacturing expertise, cutting-edge contract research, as well as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182743,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/peter_21.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170],"class_list":["post-68873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>2016 contracts for PyroGenesis exceed CDN$11.2M - FacFox News<\/title>\n<meta name=\"description\" content=\"41shares4352PyroGenesis (TSX-V: PYR) (OTCQB: PYRNF), a Canadian listed company announced recently that they have signed military contracts totaling over\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facfox.com\/news\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2016 contracts for PyroGenesis exceed CDN$11.2M\" \/>\n<meta property=\"og:description\" content=\"41shares4352PyroGenesis (TSX-V: PYR) (OTCQB: PYRNF), a Canadian listed company announced recently that they have signed military contracts totaling over\" \/>\n<meta property=\"og:url\" content=\"https:\/\/facfox.com\/news\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m\/\" \/>\n<meta property=\"og:site_name\" content=\"FacFox News\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-29T05:34:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/peter_21.jpg\" \/>\n<meta name=\"author\" content=\"edi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/peter_21.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"edi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/facfox.com\/news\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/facfox.com\/news\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m\/\"},\"author\":{\"name\":\"edi\",\"@id\":\"https:\/\/facfox.com\/news\/#\/schema\/person\/30c6618bf20fcdd6af222ac673dfd857\"},\"headline\":\"2016 contracts for PyroGenesis exceed CDN$11.2M\",\"datePublished\":\"2019-07-29T05:34:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/facfox.com\/news\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m\/\"},\"wordCount\":327,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/facfox.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/facfox.com\/news\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/10\/peter_21.jpg\",\"keywords\":[\"3dprint\",\"3dprinting\"],\"articleSection\":[\"Aerospace\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/facfox.com\/news\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/facfox.com\/news\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m\/\",\"url\":\"https:\/\/facfox.com\/news\/2016-contracts-for-pyrogenesis-exceed-cdn11-2m\/\",\"name\":\"2016 contracts for PyroGenesis exceed CDN$11.2M - 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