PyroGenesis Secures $27M Contract for Plasma Torch
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PyroGenesis Secures $27M Contract for Plasma Torch

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PyroGenesis Canada (TSE:PYR) has released an update.

PyroGenesis Canada Inc. has secured a groundbreaking $27 million contract to develop a 20MW plasma torch, one of the most powerful commercially produced. This deal propels the company’s project backlog to an all-time high of over $55 million, reflecting a 90% increase and highlighting its expanding influence in high-power industries.

For further insights into TSE:PYR stock, check out TipRanks’ Stock Analysis page.

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