PyroGenesis Canada (TSE:PYR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
PyroGenesis Canada Inc. has secured a $1 million contract for after-sales production from the US Navy, providing components for the USS Gerald R. Ford class aircraft carriers, with deliveries expected by March 2025. This deal underscores the company’s growing role in defense and signifies a promising increase in recurring revenue from after-sales support of their advanced plasma-based systems.
For further insights into TSE:PYR stock, check out TipRanks’ Stock Analysis page.
