PyroGenesis Canada Inc. announced receipt of a second signed contract from an aerospace client in Spain for the sale of PyroGenesis' titanium metal powder for use in additive manufacturing. The client, who placed an initial order with the Company in April 2024, is a global leader in aerospace propulsion. The client has indicated that the Company may qualify for a long-term contract following the successful completion of this contract.

The name of the client will remain anonymous for confidentiality reasons. This new order is for titanium metal powder with a particle size range of 20-63um. This "fine cut" powder cut range is ideally suited for Laser Powder Bed Fusion (LPB-F) additive manufacturing methods, including Direct Metal Laser Sintering (DMLS) or Selective Laser Melting (SLM), which are widely recognized for their precision and strength in creating complex metal components.

The order has already been produced using PyroGenesis' NexGen?? plasma atomization system and will soon be in transit to the client. The Company's development of high quality titanium metal powders is part of the Company's three-tiered solution ecosystem that aligns with economic drivers that are key to global heavy industry.

Metal powders are part of the Company's Commodity Security & Optimization tier, where the recovery of viable metals, and the optimization of production to increase output, helps to maximize raw materials and improve the availability of critical minerals. Titanium has been identified as a critical mineral by the Canadian government.