PyroGenesis receives $860,000 down payment on EUR 900,000 plasma torch contract

PyroGenesis received a USD 860,000 down payment under a USD 1.4 million contract for a two-torch plasma system. Contract calls for a 300-kW system, a 40-kW plasma torch, both with multi gas options for advanced metallurgy uses. Remaining payment of about EUR 360,000 will be tied to project milestones over the coming months. Client is a European mining, metallurgy, and materials institute, kept confidential for competitive reasons. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PyroGenesis Inc. published the original content used to generate this news brief via (Ref. ID: 202610140700PRIMZONEFULLFEED9845111) on October 14, 2026, and is solely responsible for the information contained therein. (C)