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PyroGenesis Receives Initial Contract for Titanium Metal Powder from European Additive Manufacturing Company

Contract for PyroGenesis鈥� coarse cut titanium powder comes after client鈥檚 successful testing and analysis of samples

MONTREAL, July 31, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, today announces receipt of a contract for titanium metal powder produced by PyroGenesis鈥� NexGen^鈩� plasma atomization process, from a European engineering and material science firm specializing in the additive manufacturing industry. The name of the client and terms of the contract will remain confidential for competitive reasons.

The client previously received and tested samples of PyroGenesis鈥� metal powder. Today鈥檚 contract announcement marks the first commercial order with this customer. The order is for a Ti64 鈥渃oarse鈥� cut titanium metal powder, of the type that was recently qualified for use and added to the approved list of metal powders by a major global aerospace company. The powder for this order has already been produced and will be shipped to the customer over the next few weeks.

Image: PyroGenesis鈥� titanium metal powder as produced by its NexGen^鈩�聽plasma atomization system.

鈥淭his initial order comes after a successful review and testing process with this European customer. The high standard of Ti64 metal powder produced at PyroGenesis Additive is the result of years of groundbreaking design and engineering work that went into developing our NexGen^鈩� plasma atomization process, and the commercial results of these efforts are starting to appear,鈥� said P. Peter Pascali, President and CEO of PyroGenesis. 鈥淭his customer is a key technology hub for their region, with state-of-the-art engineering and R&D. We hope to see further contracts that reflect the importance of the customer鈥檚 role within the industry.鈥�

INDUSTRY AND MARKET CONTEXT

• The metal 3D printing market in Europe is expected to reach a projected revenue of US$11.2 billion by 2030. ¹
• A compound annual growth rate of 24.8% is expected of Europe metal 3D printing market from 2024 to 2030. ¹
• Europe is a prominent hub for manufacturing across several key sectors, including the automotive industry, aerospace and aviation, machinery, and electronics.

PyroGenesis is the inventor of the plasma atomization process and in fact coined the term 鈥減lasma atomization鈥� in its original patent. The Company鈥檚 NexGen^鈩� system is a patented upgrade to what is considered the gold standard process for the development of metal powder for additive manufacturing, also referred to as metal 3D printing.

PyroGenesis鈥� development of high quality titanium metal powders is part of its that aligns with economic drivers that are key to global heavy industry. Metal powders are part of PyroGenesis鈥� Commodity Security & Optimization vertical, where the development of advanced material production techniques, and the use of technology such as plasma to recover viable metals, chemicals, and minerals from industrial waste, helps to maximize raw materials and improve the availability of critical minerals. Titanium has been . The other verticals are Energy Transition and Emission Reduction, and Waste Remediation.

About PyroGenesis Inc.

PyroGenesis, a high-tech company, is a proud leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional 鈥渄irty鈥� processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m² and 2,940 m² manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997. PyroGenesis鈥� shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY1). For more information, please visit: .

Cautionary and Forward-Looking Statements

This press release contains 鈥渇orward-looking information鈥� and 鈥渇orward-looking statements鈥� (collectively, 鈥渇orward-looking statements鈥�) within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as 鈥減lans鈥�, 鈥渢argets鈥�, 鈥渆xpects鈥� or 鈥渄oes not expect鈥�, 鈥渋s expected鈥�, 鈥渁n opportunity exists鈥�, 鈥渋s positioned鈥�, 鈥渆stimates鈥�, 鈥渋ntends鈥�, 鈥渁ssumes鈥�, 鈥渁nticipates鈥� or 鈥渄oes not anticipate鈥� or 鈥渂elieves鈥�, or variations of such words and phrases or state that certain actions, events or results 鈥渕ay鈥�, 鈥渃ould鈥�, 鈥渨ould鈥�, 鈥渕ight鈥�, 鈥渨ill鈥� or 鈥渨ill be taken鈥�, 鈥渙ccur鈥� or 鈥渂e achieved鈥�. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management鈥檚 current beliefs, expectations, estimates and projections regarding future events and operating performance.

Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under 鈥淩isk Factors鈥� in PyroGenesis鈥� latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis鈥� profile on SEDAR+ at www.sedarplus.ca. These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, except as required by applicable securities laws.

Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release.

For further information please contact:
Rodayna Kafal, Vice President, IR/Comms. and Strategic BD
E-mail:
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A photo accompanying this announcement is available at