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) 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.
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.