The client previously received and tested samples of PyroGenesis' metal powder. Today's contract announcement marks the first commercial order with this customer. The order is for a Ti64 "coarse" 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' titanium metal powder as produced by its NexGen™ plasma atomization system.
"This 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™ plasma atomization process, and the commercial results of these efforts are starting to appear," said P. Peter Pascali, President and CEO of PyroGenesis. "This 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's role within the industry."
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 ...
