PyroGenesis Canada (TSE:PYR) has released an update.
PyroGenesis Inc. reported strong third quarter results, with a 9% increase in revenue and a record backlog of $54.9 million, driven by growth in its military, aerospace, and waste destruction sectors. The company has also achieved significant cost savings of over $3 million annually and is poised for future growth with a major new plasma torch contract. Additionally, PyroGenesis announced a name change and relocation to a larger headquarters in Montreal.
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