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PyroGenesis Canada increases backlog to $40M with new $11.5M US Navy contract win

PyroGenesis Canada Inc (CVE:PYR) (OTCQB:PYRNF) CEO Peter Pascali tells Proactive the group has won a $11.5 million contract with the US Navy, increasing its contract backlog to $40M.

Pascali says the company said it will provide its waste destruction technology for two systems -- one for each ship in the US Navy’s two-ship build.

Quick facts: PyroGenesis Canada Inc.

Price: 8.02 CAD

TSX:PYR
Market: TSX
Market Cap: $1.28 billion
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PyroGenesis Canada gives revenue guidance that more than doubles full year...

PyroGenesis Canada Inc (TSX:PYR) (OTCQB:PYRNF) (FRA:8PY) CEO Peter Pascali tells Proactive the high-tech plasma focused group expects to see an uplift in revenue and earnings per share in its fourth quarter to December 31 and for full-year 2020. Pascali says the group said it expects revenue...

on 19/1/21

2 min read