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) announced a contract to supply Ti64 coarse cut titanium metal powder, produced with its NexGen™ plasma atomization process, to a large U.S. applied research facility that is supported by the U.S. Department of Defense and NASA. The powder will be used in critical materials research, specifically for electron beam melting (EBM) applications in aerospace and biomedical manufacturing. Contract value and client name remain confidential.
According to PyroGenesis, this is the first commercial order with this client, who has indicated an immediate need for potential follow-up orders. Award of the contract followed confirmation that PyroGenesis is compliant with the Defense Federal Acquisition Regulation Supplement (DFARS). The company links this win to its additive manufacturing growth strategy, which includes expanding its customer base, developing repeat customers, and broadening powder suitability across multiple applications.
PyroGenesis (OTCQX: PYRGF) announced a EUR 900,000 (CAD$1,445,000) contract with a confidential European research institute focused on non-ferrous metallurgy, high-purity materials, recycling and decarbonization. The company will supply two proprietary non-transferred DC plasma torch systems rated at 300 kW and 40 kW, including peripherals, training and support.
The torches, designed with multi plasma-forming gas options, will be used in advanced metallurgy and high-temperature applications related to non-ferrous metals and critical minerals. A 60% downpayment is expected within weeks, with delivery targeted for Q2 2027. According to PyroGenesis, this project strengthens its role in mining, metallurgy and critical mineral processing at a leading global research facility.
PyroGenesis (OTCQX: PYRGF) provides a corporate update on its plasma-based Fumed Silica Reactor (FSR) business, which converts quartz to fumed silica in a single step without harmful chemicals or hazardous by-products. A pilot plant, commissioned in 2025, has produced several commercial-grade products within 12 months.
Negotiations with a major global fumed silica manufacturer have advanced from pilot validation toward potential commercial deployment frameworks. Talks with a potential joint venture for a 1,000 tonne/year plant, where PyroGenesis would supply an FSR for US$20 million, are currently stalled. A third potential customer is discussing North American production and bulk supply that could require several 10,000 tonne/year FSR systems, while a fourth existing customer in the Middle East is evaluating a 10,000 tonne/year plant. PyroGenesis holds exclusive rights to manufacture plants for all four initiatives and expects in Q3 2026 to convert its royalty rights into a 50% interest in HPQ Silica Polvere, alongside an exclusive equipment-supplier role, according to PyroGenesis.
PyroGenesis (OTCQX: PYRGF) reported Q2 2026 revenue of $4.4 million, up 47% year-over-year, its strongest second quarter since 2022. First-half 2026 revenue reached $9.3 million, already exceeding the first nine months of 2025. Gross margin was 32%, with a net loss of $1.1 million versus a $2.9 million loss a year earlier, and a modified EBITDA loss of $0.5 million versus $2.1 million.
The company highlighted strong growth in SPARC™ refrigerant destruction, torch-related products, DROSRITE™ dross recovery, and U.S. Navy system support. As of August 6, 2026, PyroGenesis reported a revenue backlog of $40.0 million, 88% denominated in U.S. dollars. During Q2, the company advanced its titanium metal powder strategy with a new Asian supply contract, achieved first-ever plasma-based production of battery-grade carbon black and graphite, raised $6.26 million via a bought deal and CEO private placement, and signed a binding agreement to acquire its Turcot manufacturing facility for $3.1 million.
PyroGenesis (OTCQX: PYRGF) will hold a conference call on Friday, August 7, 2026 at 10:00 AM Eastern Time to discuss its 2026 second quarter financial results for the period ended June 30, 2026, and provide a business progress update.
Investors can participate by pre-registering via the provided telephone link, or by accessing a live webcast in English or French. The webcast will also be available afterward in the Investor Relations section of the company’s website.
PyroGenesis (OTCQX: PYRGF) reported voting results from its June 23, 2026 virtual annual and special shareholder meeting, where approximately 34.18% of issued and outstanding shares were represented.
All director nominees were elected and four additional resolutions, including auditor appointment and amendments to the Long Term Incentive Plan, were approved with strong majorities.
PyroGenesis (OTCQX: PYRGF) announced delivery of a high-temperature gasification system that converts contaminated biomass into synthesis gas (syngas) for client Innofibre at its new $14 million pilot and pre-commercial facility in Trois-Rivières, Quebec.
The centre, described as unique in North America for mimicking industrial conditions, targets forest and agricultural biomass applications, including bio-based products, waste valorization, biochar, decarbonization, and tailings recovery. PyroGenesis’ plasma-based waste-to-energy technology treats contaminants in biomass-derived syngas, which can be used for power generation or as a feedstock for chemicals, fertilizers, methanol, ammonia, and synthetic fuels.
P. Peter Pascali, CEO of PyroGenesis (PYRGF, TSX: PYR), filed an updated early warning report after acquiring 5,882,352 units in a non-brokered private placement, each unit including one common share and one warrant.
His Total Ownership rose from 28.48% (62,532,757 shares) to 30.34% (68,415,109 shares). Assuming exercise of vested options, existing warrants, and all new warrants and shares from this Transaction, his group could hold 88,923,033 shares, or 36.15% of outstanding shares.
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.