PyroGenesis Secures Second Titanium Powder Order Under U.S. Supply Deal

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

PyroGenesis has received a second order for one tonne of titanium powder under its powder supply agreement with a U.S. minerals and metal technology company, following an initial 3.5-tonne order in late 2025. Produced via the company’s NexGen™ plasma atomization process, the off-cut titanium powder will be delivered in the coming days and is intended as a high-quality feedstock for titanium alloys serving critical industries including space, aerospace, medical, defense, consumer electronics, hydrogen, and electric vehicles. The deal underscores growing commercial demand for PyroGenesis’ off-cut titanium powder, enabling the company to monetize previously stockpiled non-prime material, reduce waste, and enhance both the profitability and sustainability of each NexGen™ production run, while contributing to the resilience of the titanium critical mineral supply chain amid a rapidly expanding titanium 3D-printing market.

The most recent analyst rating on (TSE:PYR) stock is a Sell with a C$0.25 price target. To see the full list of analyst forecasts on PyroGenesis Canada stock, see the TSE:PYR Stock Forecast page.

Spark’s Take on TSE:PYR Stock

According to Spark, TipRanks’ AI Analyst, TSE:PYR is a Neutral.

PyroGenesis Canada faces significant financial challenges, which heavily impact its overall score. The earnings call provides some positive insights with a strong backlog and strategic initiatives, but these are offset by declining revenues and profitability. Technical analysis shows mixed signals, and the valuation is unattractive due to negative earnings. These factors collectively result in a low overall stock score.

To see Spark’s full report on TSE:PYR stock, click here.

More about PyroGenesis Canada

PyroGenesis Inc. is a Montreal-based engineering company specializing in ultra-high temperature plasma processes and plasma-based technologies for heavy industry and defense. The inventor of the plasma atomization process and developer of the NexGen™ system for metal powder production, PyroGenesis supplies advanced materials and solutions to global leaders in aluminum, aerospace, steel, iron ore, utilities, and environmental services, with a growing focus on metal powders for additive manufacturing, including titanium for critical sectors such as space, aerospace, medical, defense, and electric vehicles.

Average Trading Volume: 272,023

Technical Sentiment Signal: Sell

Current Market Cap: C$52.63M

For an in-depth examination of PYR stock, go to TipRanks’ Overview page.