In January, we wrote about a company called PyroGenesis that was using its waste management technology to breakdown waste into material suitable for 3D printing. Back then, it had purchased a metallurgical powder plant from “a multinational Mining and Metallurgical Company (“Client”), which has requested that its name be withheld for competitive reasons” to produce additive manufacturing powder. The company has just made another announcement, this time saying that PyroGenesis has “signed a contract with a major international manufacturer (the ‘Customer’) for ten plasma-based, powder production systems for 3D printing.” The contract is, according to the company’s press release, valued at $12.5 million and, again, “The Customer’s name is being withheld for competitive reasons.”
PyroGenesis’s business is an interesting one, converting waste into useable material and energy. The company lists on its site that it uses a process called Plasma Atomization to produce powders for 3D printing, including metals such as Titanium, Niobium, Nitinol, and Aluminum, among others. And the PyroGenesis website has been much improved since I last covered them, but it’s difficult not to be wary of statements that company makes in this latest press release like, “the Company’s backlog of signed contracts now exceeds $20MM or the equivalent of approximately 350% of the Company’s revenues in its previous fiscal year, all of which is expected to be completed by year end 2015.”
The company’s CEO, P.…
The original post PyroGenesis Sells Plasma Powder Production Systems for 3D Printing appeared first on 3D Printing Industry.