Boeing recognizes PyroGenesis as official supplier
Aerospace leader Boeing (NYSE:BA) has added PyroGenesis (TSX:PYR), a sustainable industrial solutions provider, to its network of approved suppliers, sending shares soaring in mid-morning trading
PyroGenesis designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions that reduce greenhouse gases and manage waste at attractive economics
PyroGenesis stock has given back 10.17 per cent year-over-year and 62.94 per cent since 2020
Aerospace leader Boeing (NYSE:BA) has added PyroGenesis (TSX:PYR), a sustainable industrial solutions provider focused on emissions reduction, commodity security and waste remediation, to its network of approved suppliers, sending shares soaring in mid-morning trading.
The company will become Boeing's go-to supplier when it comes to titanium metal powders, specifically its Ti64-branded product with a particle size within 53-150 microns, which will be put to use in additive manufacturing.
PyroGenesis' patented plasma atomization process is a lower-cost upgrade to the standard for metal powder development, enabling the company to produce particles of any size with little to no waste.
The news follows accelerated testing with Evonik, a global chemicals manufacturer, towards potential fumed silica production in partnership with HPQ Silicon (TSXV:HPQ). Leadership insights
'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,' P. Peter Pascali, president and chief executive officer of PyroGenesis, said in a statement.
'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,' added Massimo Dattilo, vice-president of PyroGenesis Additive. '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.' About PyroGenesis
PyroGenesis designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions that reduce greenhouse gases and manage waste at attractive economics.
PyroGenesis stock (TSX:PYR) is up by 16.48 per cent on the news trading at C$0.53 as of 11:32 am ET. The stock has given back 10.17 per cent year-over-year and 62.94 per cent since 2020.
Join the discussion: Find out what everybody's saying about this sustainable industrial technology stock on the PyroGenesis Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
3 hours ago
- Globe and Mail
Warren Buffett to Step Down by End of 2025. Here Are 3 Stocks He Might Buy on the Way Out
It's official. Warren Buffett has asked the board of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) to replace him as chief executive officer by the end of 2025. Now 94 years old, Buffett has been signaling a leadership transition for years, carefully building a team capable of heading the diversified business giant in the decades to come. Before he gives up some of his power, Buffett might choose to up Berkshire's stakes in some of his favorite investments. If that occurs, I'm betting on the three stocks below. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Berkshire should buy more of this oil company Buffett is a big fan of Occidental Petroleum (NYSE: OXY). Don't take my word for it -- just ask him. He apparently "read every word" of the company's earnings transcript one quarter, noting that the company's management was doing "exactly what I would be doing." CEO Vicki Hollub was "running the company the right way," Buffett added. What exactly caused Buffett to fall in love with Occidental? Occidental's revenue stream is largely dominated by upstream production, but it does have some midstream and chemical production assets. Occidental's stock price has outpaced the price of oil during the past five years, suggesting an ability to create value apart from swings in commodity prices. Importantly, however, the company's valuation has increased according to some metrics, accounting for some or even much of that performance. The company is currently deleveraging itself following the acquisition of CrownRock, and it trades at a reasonable 17.4 times earnings with a 2.2% dividend yield. The company's future will still largely be determined by commodity prices. But Buffett's glowing comments, plus a recent filing that allows Berkshire to acquire as much as half of the total company, suggests that more buying may be on the way. Just last quarter, Berkshire acquired 760,000 more shares -- making this one of the few positions it added to. OXY data by YCharts Expect Amazon to be a long-term winner Berkshire already owns $2.1 billion worth of Amazon (NASDAQ: AMZN). I expect it to buy even more over time. In fact, I expect Berkshire to continue buying Amazon stock long after Buffett departs. Berkshire first bought shares of Amazon in 2019. Over time, we learned that it wasn't even Buffett who made the call. Instead, it was likely the purchase decision of two of Buffett's lieutenants: Ted Weschler and Todd Combs. Buffett reportedly called himself an "idiot" for not buying Amazon previously. What does the Berkshire gang love so much about Amazon? There's the sprawling e-commerce division that has a huge economic moat. More than half of all online shoppers check Amazon first before going to any other website, search engines included. But there's also the Amazon Web Services division, which is growing by leaps and bounds thanks to the rapid expansion of artificial intelligence (AI) technologies. The AWS division already contributes more than half of Amazon's operating profit, and the long growth runway of AI should increase the importance of this division for decades to come. Whether it's the decision of Buffett, Combs, or Weschler, expect Berkshire to continue adding to its Amazon position. Buffett trusts this value stock Chubb (NYSE: CB) is one of the more boring stocks in Berkshire's portfolio. That's likely why Buffett loves the company so much. At the core of Berkshire's empire sits a portfolio of insurance companies. These businesses generate extra cash because they don't need to return premiums to policy holders until a claim is filed. For decades, Buffett has used this "free" cash to invest in a variety of securities. So it's safe to say that Buffett understands the insurance sector very well. The insurance industry has gotten increasingly crowded in recent years. Yet Chubb has been able to generate consistent underwriting profits. Its combined ratio has consistently been below 100%, meaning that it has paid out less in claims than it has collected in premiums. In recent quarters, its combined ratio has been as low as 86% -- an impressive figure in today's tight market. Don't expect huge moves from Chubb. The stock's beta is just 0.56. But that minimized volatility could allow Buffett to put more of its growing cash pile to work in an industry he arguably understands better than anybody. Should you invest $1,000 in Berkshire Hathaway right now? Before you buy stock in Berkshire Hathaway, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Berkshire Hathaway wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor 's total average return is1,062% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025
Globe and Mail
a day ago
- Globe and Mail
BQE Water: Top 10 Undervalued Waste Management Industry Stocks (BQE)
BQE Water is now ranked among the top 10 undervalued stocks in the Waste Management industry on the Toronto Stock Exchange or TSX Venture Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company Valuation methodology provided by Stockcalc (see below) Waste Management: Companies that collect, treat, store, transfer, recycle, and dispose of waste materials, as well as companies that provide supporting environmental, engineering, and consulting services. Stocks in this category are held primarily for capital appreciation. Symbol Name Close Price ($) Valuation ($) Difference Average Vol (30D) Market Cap ($M) Yield (%) P/E Ratio EVGN EverGen Infrastructure 0.43 1.00 0.57 (132.6%) 6440 6.0 0.0 0.0 EWK Earthworks Industries 0.04 0.08 0.03 (77.0%) 14119 0.0 0.0 0.0 CMC Cielo Waste Solutions 0.07 0.09 0.02 (37.8%) 38374 8.4 0.0 0.0 YES CHAR Technologies 0.23 0.26 0.03 (14.3%) 94485 23.5 0.0 0.0 VTX Vertex Resource Group 0.27 0.30 0.04 (13.2%) 14873 29.7 0.0 0.0 ROOF Northstar Clean Tech 0.34 0.38 0.04 (12.1%) 157312 43.5 0.0 0.0 ECM Ecolomondo 0.18 0.19 0.01 (6.5%) 84090 38.8 0.0 0.0 BQE BQE Water 55.00 58.18 3.18 (5.8%) 452 70.5 0.0 14.7 GIP Green Impact Partners 4.01 4.16 0.15 (3.8%) 44370 86.0 0.0 0.0 All data provided as of June 28, 2025. The list is sorted by stocks with the greatest percentage difference between valuation and price. BQE Water BQE Water Inc is an integrated water management services and treatment solutions provider with expertise and intellectual property to support the mining and metallurgical industry in reducing life cycle costs and risks associated with water. The company has developed various technologies and processes to treat acidic and wastewater generated at mines, which include the BioSulphide, ChemSulphide, Met-IX, Sulf-IX, Sulf-IXC, and Selen-IX. BQE Water is listed under BQE on the TSX Venture Exchange. Stockcalc StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs. Stockcalc valuations ( can help determine if a stock is undervalued. Stockcalc's Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
Cision Canada
a day ago
- Cision Canada
GreenPower Closes Fourth Tranche of Term Loan Offering
VANCOUVER, BC, June 27, 2025 /CNW/ -- GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) ("GreenPower" and the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the closing of the fourth tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $200,000 (collectively the " Loans"). Please refer to the Company's news release dated May 13, 2025 for more details regarding the term loan offering. In connection with the Loans, the Company entered into respective loan agreements with companies controlled by the CEO and a Director of the Company (the " Lenders"). Management anticipates that the Company will allocate the net proceeds from the Loans towards production costs, supplier payments, payroll and working capital. The Loans are secured with a general security agreement on the assets of the Company subordinated to all senior debt with financial and other institutions and will bear interest of 12% per annum commencing on the date of closing (the " Closing Date") to and including the date all of the Company's indebtedness pursuant to the Loans is paid in full. The term of the Loans will be two years from the Closing Date. As an inducement for the Loan, the Company issued 263,157 non-transferable share purchase warrants (each, a " Loan Bonus Warrant") to one of the Lenders. Each Loan Bonus Warrant entitles the holder to purchase one common share of the Company (each, a " Share") at an exercise price of U.S. $0.38 per Share for a period of twenty-four (24) months from the closing date of the Loan. In addition, one Lender will be issued an aggregate of 52,631 Shares (each a " Loan Bonus Share"). The Lenders are each considered to be a "related party" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (" MI 61-101") and each of the Loans and issuance of Loan Bonus Warrants and Loan Bonus Shares, as applicable, is considered to be a "related party transaction" within the meaning of MI 61-101 but each is exempt from the formal valuation requirement and minority approval requirements of MI 61-101 by virtue of the exemptions contained in section 5.5(a) and 5.7(a) as the fair market value, in each case, of the Loans, the Loan Bonus Warrants, and the Loan Bonus Shares, as applicable, is not more than 25% of the Company's market capitalization. All securities issued in connection with the Loans will be subject to a statutory hold period of four months plus a day from the closing of the Initial Loan in accordance with applicable securities legislation. For further information contact: Fraser Atkinson, CEO (604) 220-8048 Brendan Riley, President (510) 910-3377 Michael Sieffert, CFO (604) 563-4144 About GreenPower Motor Company Inc. GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. GreenPower was founded in Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go to Forward-Looking Statements This news release includes certain "forward-looking statements" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as "upon", "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of management regarding the use of proceeds of the Loan. Although the Company believes that and the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including that the proceeds of the Loan may not be used as stated in this news release, and those additional risks set out in the Company's public documents filed on SEDAR+ at and with the United States Securities and Exchange Commission filed on EDGAR at Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. ©2025 GreenPower Motor Company Inc. All rights reserved.
