PyroGenesis Canada Inc (PYRGF)

[Stingray]

That is excellent news....the metal powders are used for 3D metal printing, and that business is really getting off the ground...should provide a nice revenue steam...

Once satisfied, they will then order larger quantities of powders for sintering testing of parts which will then be further analyzed for such characteristics as tensile strength, and density, amongst others. Once satisfied, another order for greater quantities is placed where the powder is then used to build a first batch of final parts using 3D printers. These parts are then further analyzed for part to part consistency. Once the homogenous nature of our powders is demonstrated, from batch to batch, the discussion with the customer turns to purchase orders or a strategic partnership.