Latest news with #additivemanufacturing
Globe and Mail
29-05-2025
- Business
- Globe and Mail
High-Tech Micro Cap Rallies After Securing Boeing Supplier Status
Investors pay close attention when a bellwether company with a market cap exceeding $150 billion approves a micro-cap firm as an official supplier. That's exactly what happened today—and the micro-cap stock is surging in response to the news. Shares of PyroGenesis Inc. (TSX: PYR) (OTCQX: PYRGF) are on the move as the high-tech company specializing in the development and commercialization of all-electric plasma processes and sustainable industrial solutions, announced this morning that it has officially been approved as a supplier to Boeing (NYSE: BA). The company's Ti64 coarse metal powder, with a particle size range of 53–150µm, has been qualified for use and added to Boeing's approved list of metal powders for additive manufacturing applications. This milestone supports PyroGenesis' mission to enable cleaner, more efficient production processes across heavy industry. 'PyroGenesis is proud to achieve official supplier status with Boeing. The high standard of Ti64 metal powder produced at PyroGenesis Additive for Boeing is the result of years of groundbreaking design and engineering work that went into developing our NexGen™ plasma atomization process,' said P. Peter Pascali, President and CEO of PyroGenesis. PyroGenesis is the inventor of the plasma atomization process and in fact coined the term 'plasma atomization' in its original patent. The Company's NexGen™ system is a patented upgrade to what is considered the gold standard process for the development of metal powder for additive manufacturing, also referred to as metal 3D printing. Shares of PYR are currently up 16.48% at $0.53 while U.S. listed shares (PYRGF) are up 14.8% at $0.387 in early-afternoon trading. Copyright © 2025 All rights reserved. Republication or redistribution of content is expressly prohibited without the prior written consent of shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc. Phone: (800) 558-4560 Ext: 101
Globe and Mail
29-05-2025
- Business
- Globe and Mail
PyroGenesis Achieves Approved Supplier Status with Boeing
MONTREAL, May 29, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. ( (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, is pleased to announce today that the Company has received official confirmation of approved supplier status with Boeing. PyroGenesis' Ti64 'coarse' metal powder with a particle size that is within the range of 53-150µm (microns) has been qualified for use and added to Boeing's qualified list of metal powders available for use in additive manufacturing. 'PyroGenesis is proud to achieve official supplier status with Boeing. The high standard of Ti64 metal powder produced at PyroGenesis Additive for Boeing is the result of years of groundbreaking design and engineering work that went into developing our NexGen™ plasma atomization process,' said P. Peter Pascali, President and CEO of PyroGenesis. Image 1: PyroGenesis titanium metal powder as produced by its NexGen™ plasma atomization system. Massimo Dattilo, Vice-President of PyroGenesis Additive, added: 'Our stated goal to produce some of the highest quality metal powders in the additive manufacturing industry required being assessed by the highest quality client under the toughest standards. Having received qualification of our 'coarse' powder we look forward to serving the needs of Boeing and its parts manufacturing and service centers with metal powder produced by PyroGenesis' NexGen™ plasma atomization system.' PyroGenesis is the inventor of the plasma atomization process and in fact coined the term 'plasma atomization' in its original patent. The Company's NexGen™ system is a patented upgrade to what is considered the gold standard process for the development of metal powder for additive manufacturing, also referred to as metal 3D printing. PyroGenesis' development of high quality titanium metal powders is part of its three-vertical solution ecosystem that aligns with economic drivers that are key to global heavy industry. Metal powders are part of PyroGenesis' Commodity Security & Optimization vertical, where the development of advanced material production techniques, and the use of technology such as plasma to recover viable metals, chemicals, and minerals from industrial waste, helps to maximize raw materials and improve the availability of critical minerals. Titanium has been identified as a critical mineral by the Canadian government. The other verticals are Energy Transition and Emission Reduction, and Waste Remediation. About PyroGenesis Inc. PyroGenesis, a high-tech company, is a proud leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional 'dirty' processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m 2 and 2,940 m 2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997. PyroGenesis' shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY1). For more information, please visit: Cautionary and Forward-Looking Statements This press release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'targets', 'expects' or 'does not expect', 'is expected', 'an opportunity exists', 'is positioned', 'estimates', 'intends', 'assumes', 'anticipates' or 'does not anticipate' or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might', 'will' or 'will be taken', 'occur' or 'be achieved'. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under 'Risk Factors' in PyroGenesis' latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis' profile on SEDAR+ at These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, except as required by applicable securities laws. Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release.
Yahoo
29-05-2025
- Business
- Yahoo
3D Printing Metals Market worth $3.62 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 29, 2025 /PRNewswire/ -- The report "3D Printing Metals Market by Metal Type (Titanium, Aluminum, Steel, Nickel & Cobalt, Other Metal Types), Form (Filaments, Powder), Technology (Powder Bed Fusion, Directed Energy Deposition, Binder Jetting, Metal Extrusion, Other Technologies), End-use Industry (Aerospace & Defense, Automotive, Medical & Dental, Other End-Use Industries), and Region - Global Forecast to 2030", global 3D printing metals market is expected to reach USD 3.62 billion by 2030 from USD 1.19 billion in 2025, at a CAGR of 25.0% from 2025 to 2030. Continuous technological innovation in 3D printing drives growth in the 3D printing metals market. Technological advancements in additive manufacturing processes, including selective laser melting (SLM), electron beam melting (EBM), and direct energy deposition (DED), are greatly improving the precision, speed, and scalability of metal printing. These technologies are making it increasingly possible to manufacture intricate metal parts with lower material scrap and more affordable tooling than in traditional manufacturing. At the same time, the increasing availability of high-performance metal powders, such as titanium, aluminum, stainless steel, and nickel alloys, is broadening application opportunities across various industries, including aerospace, automotive, medical, and defense. Key factors driving this growth include a rising demand for lightweight, custom-designed parts, increased spending on research and development, and the growing use of digital manufacturing techniques. Additionally, government incentives and the push for sustainable production processes are also contributing to market expansion by encouraging businesses to incorporate additive manufacturing into their production workflows. Browse in-depth TOC on "3D Printing Metals Market" 200 – Tables120 – Figures300 – Pages Download PDF Brochure: Nickel & Cobalt registered the second-largest market share in 2024 in the metal type segment in terms of value Nickel & cobalt accounted for the second-largest share in the 3D printing metals market because they have a unique combination of mechanical properties, thermal stability, and corrosion resistance that is necessary for demanding applications. Nickel-based superalloys have a wide application in aerospace, automotive, and energy industries for turbine blades, exhaust systems, and structural components that are required to withstand harsh conditions. Cobalt alloys, in contrast, are essential in the medical industry for prosthetics and implants because of their biocompatibility and durability over the long term. With 3D printing's capacity to produce intricate, lightweight structures with these metals, they have become more appealing to minimize waste and optimize performance in mission-critical components. In addition, the constant evolution of high-performance metal powders and advancements in printing accuracy have further broadened their application, sustaining demand and solidifying their dominant market position following titanium. Directed energy deposition segment registered the second-largest market share in terms of value in 2024 Directed energy deposition (DED) represents the second-largest category in the 3D printing metals market by technology based on its flexibility, ability to suit high-value and large-scale applications, and capability to repair or add material to existing parts. In contrast to powder bed fusion, DED can use a variety of metal types and can print or repair intricate geometries directly onto parts, which makes it very useful for the aerospace, defense, oil & gas, and heavy machinery industries. DED is exceptionally well-fitted for the manufacturing of heavy structural components and for MRO uses, wherein it extends component life and saves considerable downtime and cost. The technology is also designed to support both wire and powder feedstock, thus allowing flexibility in material procurement and cost management. With industrial customers increasingly using additive manufacturing for new production as well as part refurbishment, DED's capacity to produce tough, high-quality metal components with low waste continues to fuel its rising market share. Request Sample Pages: Automotive segment accounted for the second-largest market share in terms of value in 2024 The automotive industry accounted for the second-largest share of the 3D printing metals market because of its growing applications for additive manufacturing in lightweighting, quick prototyping, tooling, and low-volume production of complex metal components. While the industry demands better fuel efficiency, lower emissions, and quicker product development, metal 3D printing provides enormous benefits, enabling the production of optimized, high-performance parts with less material waste and shorter lead times. This is especially useful in electric cars, motorsports, and high-end vehicles, where weight savings and customization are paramount. The technology is also finding more acceptance in the manufacturing of end-use metal components, solidifying its position in auto manufacturing even further. Asia Pacific accounts for the third-largest share of the 3D printing metals market in terms of value Asia Pacific accounted for the third-largest share of the 3D printing metals market in 2024 because of industrialization, increasing investment in cutting-edge manufacturing technologies, and high demand from major industries like automotive, electronics, and healthcare. China, Japan, South Korea, and India are aggressively upgrading their additive manufacturing capacity with the help of government programs and public-private collaborations. Though the region is yet to develop its high-end metal 3D printing expertise relative to North America and Europe, its scale of manufacturing, cost advantage, and increasing use of 3D printing in prototyping and tooling are propelling steady market expansion. With local industries further increasing capacity and embracing more advanced applications, Asia Pacific's contribution is likely to rise in the next few years. Request Customization: Key Players Prominent companies include 3D Systems, Inc. (US), Renishaw plc (UK), Stratasys Ltd. (US), General Electric Company (US), Carpenter Technology Corporation (US), Materialise (Belgium), Sandvik AB (Sweden), EOS GmbH (Germany), Nano Dimension (US), Nikon SLM Solutions AG (Germany), Proto Labs (US), Titomic (Australia), Höganäs AB (Sweden), Forward AM Technologies GmbH (Germany), and Pollen AM Inc. (France). Get access to the latest updates on 3D Printing Metals Companies and 3D Printing Metals Market Size Browse Adjacent Market: Mining, Minerals and Metals Market Research Reports & Consulting Related Reports: 3D Printing Plastics Market - Global Forecast to 2028 3D Printing Materials Market - Global Forecast to 2027 Plate and Tube Heat Exchanger Market - Global Forecast to 2028 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content to download multimedia: SOURCE MarketsandMarkets Sign in to access your portfolio
Zawya
20-05-2025
- Business
- Zawya
Saudi's Immensa receives ‘Made in the Emirates' certification for energy spare parts
Saudi-based additive manufacturing company Immensa has received the 'Made in the Emirates' certification for a range of critical spare parts. The certified items include high-performance rotating parts essential to energy sector operations, where equipment uptime and reliability are mission-critical, the company said in a statement. 'By producing certified spare parts locally, we are reducing reliance on global supply chains, enhancing operational resilience, and contributing to the UAE's industrial strategy,' said Fahmi Al-Shawwa, CEO of Immensa. The 'Made in the Emirates' mark confirms that Immensa's components meet rigorous national benchmarks for quality and safety, supporting the goals of the Operation 300bn strategy. Immensa operates two DNV-certified additive manufacturing facilities in the UAE and Saudi Arabia, according to the company website. (Writing by P Deol; Editing by Anoop Menon) (
Trade Arabia
20-05-2025
- Automotive
- Trade Arabia
Immensa wins ‘Made in the Emirates' certification for additively manufactured parts
Immensa, a leading digital manufacturer, has received the 'Made in the Emirates' certification for a range of critical spare parts, becoming the first company in the UAE to have components produced through additive manufacturing officially recognised under the national quality mark. The certification, awarded by the Ministry of Industry and Advanced Technology (MoIAT), reflects the UAE's growing leadership in industrial innovation and reinforces its commitment to building a globally competitive manufacturing ecosystem. Immensa's achievement highlights the progressive efforts of MoIAT to expand the national mark beyond conventional manufacturing, enabling recognition of next-generation production technologies. Supporting the goals of the country's Operation 300bn strategy, the 'Made in the Emirates' mark confirms that Immensa's components meet rigorous national benchmarks for quality and safety. Among the certified items are high-performance rotating parts essential to energy sector operations, where equipment uptime and reliability are mission-critical. Fahmi Al-Shawwa, CEO of Immensa, said: 'This milestone represents more than a certification. It reinforces our commitment to national industrial advancement'. 'By producing certified spare parts locally, we are reducing reliance on global supply chains, enhancing operational resilience, and contributing to the UAE's industrial strategy.' The achievement builds on Immensa's broader localization efforts. The company holds a 61.52 percent In-Country Value (ICV) score and is the first in the MENA region to receive DNV's AM Manufacturer Certification (AMC 2). Its digital manufacturing model enables on-demand production of spare parts, minimizing downtime and improving supply chain security across the energy sector. This milestone directly contributes to the UAE's Make it in the Emirates campaign and reflects how government-industry collaboration is accelerating the country's transformation into a global hub for advanced manufacturing. By advancing national capabilities in digital and additive production, Immensa is contributing to the UAE's broader vision of building a future-ready, knowledge-based economy. Immensa is presenting its certified components during Make it in the Emirates 2025, showcasing how advanced manufacturing is enabling a more agile, resilient industrial future for the UAE. – TradeArabia News Service
