Welcome to our dedicated page for Pyrogenesis news (Ticker: PYRGF), a resource for investors and traders seeking the latest updates and insights on Pyrogenesis stock.
PyroGenesis Inc. develops plasma-based and ultra-high-temperature engineering solutions for heavy industry and defense. Its updates cover engineering projects tied to energy, propulsion, destruction, process heating, emissions control, and materials development for customers in aluminum, aerospace, steel, iron ore, utilities, environmental services, military, and government markets.
Recurring news themes include financial results and backlog, contracts for NexGen™ plasma-atomized titanium powder, additive manufacturing strategy, battery-materials processes for carbon black, graphite, and hydrogen, fumed silica testing, and governance or corporate secretary changes. The company also reports on commercialization activity across its plasma systems and related engineering services.
PyroGenesis (OTCQX:PYRGF) signed a binding settlement to acquire its 40,902 sq. ft. Turcot manufacturing facility in Montreal for $3.1 million. The agreement ends all related legal proceedings and will be homologated by the Superior Court of Quebec.
The purchase equates to about $76/sq. ft., which PyroGenesis indicates is well below nearby industrial transactions around $250/sq. ft. The company plans to remain in the facility and begin sale-leaseback discussions with interested parties.
PyroGenesis (OTCQX: PYRGF) reported Q1 2026 revenue of $4.9 million, up 63% year‑over‑year, with a gross margin of 32% and a net loss of $1.0 million. Backlog stood at $43.1 million (86% US$) and modified EBITDA loss narrowed to $358,856. Q1 execution included titanium powder supply activity, fumed silica third‑party verification, a major live furnace trial with Rio Tinto and Alcoa showing energy and dross reductions, and several torch and SPARC deployments advancing toward installation.
PyroGenesis (OTCQX: PYRGF) will host a conference call at 11:00 AM ET on Friday, May 8, 2026 to discuss first quarter results for the period ended March 31, 2026 and provide a business update. A telephone pre-registration link and live webcasts in English and French are provided. The webcast will be archived on the company investor relations website.
PyroGenesis (OTCQX: PYRGF) provided an update on its Additive Manufacturing strategy focused on scaling NexGen™ plasma atomized titanium powder production.
Key facts: technical upgrades delivered ~20% operational cost reduction, the company signed a potential Asia distribution contract (Apr 9, 2026), and it is pursuing joint ventures and regional production partners, targeting expanded distribution across Asia and the Middle East.
PyroGenesis (OTCQX: PYRGF) appointed Jean Mayer as Vice-President, Legal Affairs and Corporate Secretary effective April 28, 2026. Mr. Mayer will lead legal affairs and serve as Corporate Secretary, supporting governance, regulatory compliance, and strategic initiatives.
He brings more than 25 years of business and legal experience advising public companies in mining, cleantech and renewable energy.
PyroGenesis (OTCQX: PYRGF) announced successful production of battery-grade graphite from carbon black using a two-step proprietary plasma process, with independent testing confirming >96% graphitization. The carbon black feedstock was produced directly from methane or natural gas plasma. PyroGenesis holds royalties (10% initial, 5% subsequent) and is exclusive plasma supplier for client plants.
PyroGenesis (OTCQX: PYRGF) reports successful production of battery-grade carbon black and hydrogen (H2) from a proprietary DC plasma torch using methane or natural gas as both plasma gas and primary feedstock without additives. Independent lab testing confirmed battery-grade quality. The pilot began under a prior $1 million design contract; further work targets scale-up and H2 grid integration.
PyroGenesis (OTCQX: PYRGF) announced a supply agreement with an unnamed Asian materials company dated April 9, 2026, for Ti64 titanium powder produced by its NexGen™ plasma atomization system.
The initial contract covers three particle-size cuts (20-63µm, 53-106µm, 53-150µm) for testing, deliveries over the next few weeks, and a Client-indicated need for multiple tonnes per year pending regulatory and trade certifications.
PyroGenesis (OTCQX:PYRGF) reported Q4 2025 revenue of $3.3M (down 21% vs Q4 2024) and full-year 2025 revenue of $12.57M (down 19.6% vs FY 2024). Gross margin fell to 17% in Q4 from 41% a year earlier. Net loss was $5.22M in Q4 and $14.8M for FY 2025. Modified EBITDA loss widened to $9.8M for 2025. Order backlog stood at $47.8M as of March 31, 2026, with 84% U.S. dollar exposure. Key commercial wins included contracts in cement, battery recycling, titanium powder sales, radioactive waste design work, and live furnace trials with major aluminum clients.
PyroGenesis (OTCQX: PYRGF) unveiled its plasma-based SPARC™ system at the March 20, 2026 opening of New Zealand’s National Refrigerant Destruction Facility. The facility, first of its type in the Southern Hemisphere, will use SPARC™ to permanently destroy up to 100,000 kg/yr of end-of-life synthetic refrigerants and eliminate gases with a combined GWP equal to 220 million kg CO2e. PyroGenesis was awarded a contract valued at approximately $6 million to design and build the system, which uses all-electric steam plasma and can be powered by adjacent geothermal renewable energy.