PYR: TSX-V
- Additive Manufacturing:
- Ramp-up on schedule
- Patent applications progressing as expected
- Exclusive distributorship under negotiation in Asia
- Two Non-Disclosure Agreements (NDAs) being negotiated with end-users (competitors to GE) at their request
- DROSRITEâ„¢:
- Middle Eastern visit took place and contract currently being negotiated
- Separately, re-order being negotiated with current client
- Demonstration system currently being deployed to India
- Chemical Warfare Agent Destruction System:
- Initial testing at UK site, with simulants, demonstrated better destruction rates than tests performed in Montreal
- Tests with actual chemical warfare reagents has been rescheduled to a future date (TBD). As mentioned, in a previous press release, the testing schedule is out of PyroGenesis’ control
- PUREVAPâ„¢:
- Moving ahead as previously disclosed. Of note, nothing has taken place technically to challenge our original goal, notwithstanding normal challenges for a project of this nature
- PAWDS:
- No changes. Additional order for new aircraft carrier expected in 2018
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