PyroGenesis Canada (TSE:PYR) has released an update.
PyroGenesis Canada Inc. announces the receipt of $970,000 in total from two milestone payments for its advanced plasma torch projects, aimed at addressing environmental pollutants and reducing greenhouse gases. One payment of approximately $550,000 relates to a system for destroying harmful PFAS chemicals, while the other, around $420,000, is for the development of a high-powered plasma torch system with a U.S. aeronautics and defense entity. These projects underscore PyroGenesis’s commitment to providing sustainable solutions for waste remediation and emissions reduction in heavy industries.
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