PyroGenesis Canada Inc.

PyroGenesis Canada Inc.

PYR

PYRPyroGenesis Canada Inc. US flag

NASDAQ Capital Market

0.38

USD

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67.96MMarket Cap

PyroGenesis Canada Inc.

PYR

(NASDAQ Capital Market)

Recent

price

0.38

P/E

ratio

- -

div

yld

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ROIC.AI

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Business: PyroGenesis Canada Inc. is a high-tech company specializing in the design, development, manufacture, and commercialization of advanced plasma processes and sustainable solutions primarily serving the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its core product offerings include plasma atomized metal powders; aluminum and zinc dross recovery systems; plasma torches; high-temperature metallurgical processes; plasma waste destruction systems; and custom innovation and process development services. The company operates from Montreal, Quebec, with manufacturing facilities totaling over 6,700 square meters and maintains ISO 9001:2015 and AS9100D certifications. Founded in 1993 and headquartered in Montreal, PyroGenesis leverages proprietary patented plasma technologies aimed at reducing greenhouse gases and providing economically attractive alternatives to conventional industrial processes. Its plasma-based solutions are actively utilized in sectors such as iron ore pelletization, aluminum furnace electrification, waste management, and additive manufacturing globally. PyroGenesis designs and delivers turnkey process equipment packages supported by engineering, research, and manufacturing expertise. Recent major developments for PyroGenesis include the completion of a $9.3 million coke-oven gas valorization and hydrogen production project for Tata Steel through its subsidiary Pyro Green-Gas Inc., which it acquired in 2021. The company also signed an additional contract with Constellium for the supply of plasma torch technology aimed at aluminum furnace electrification as part of broader decarbonization efforts. In 2024, PyroGenesis rebranded and officially changed its name from PyroGenesis Canada Inc. to PyroGenesis Inc. Additionally, the company secured a €815,000 contract in 2025 for an energy transition project within the European cement industry and closed multiple funding rounds totaling several million dollars to support ongoing innovation and expansion initiatives. Overall, PyroGenesis is positioned as a technology leader in ultra-high temperature plasma processes with a focus on energy transition and environmental sustainability, serving a range of industrial clients worldwide from its base in Canada. Its offerings continue evolving through strategic acquisitions, contract wins, and ongoing process innovation in its core markets.

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