PyroGenesis signs $2.25M plasma torch contract for PFAS removal

PyroGenesis Canada announces the signing of a contract valued at US $1.65 million from a U.S. corporation geared to destroy Perfluoroalkyl and Polyfluoroalkyl Substances on behalf of a large operator of public water systems. The name of the Client will remain anonymous for confidentiality reasons. This Contract includes a 20% upfront payment totaling approximately US $380,000 which has been received. “As disappointing as it was to suspend our participation in the previous iteration of this project, we are happy that discussions have since developed that enable us to showcase PyroGenesis’ plasma torch capabilities when it comes to addressing the critical problems posed by PFAS. Of note, this is the second contract in recent weeks, that will demonstrate the capabilities of PyroGenesis’ ultra-high temperature plasma torch,” said P. Peter Pascali, CEO of PyroGenesis. “Slowly but surely, PyroGenesis’ long-term approach to its various business segment is starting to bear fruit.”