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PyroGenesis Canada hails its partner’s first order for spherical nano silicon material from a big car maker

PyroGenesis Canada CEO Pascali said the order clearly underscored the “significant interest” in such powders

PyroGenesis Canada Inc. - PyroGenesis Canada hails its partner’s first order for spherical nano silicon material from a big car maker
Come December, HPQ NANO will start its Gen 1 PUREVAPTM NSiR reactor and delivering material to keep up with the expected strong interest in its nano silicon products

PyroGenesis Canada Inc (CVE:PYR) (OTCQB:PYRNF) Thursday hailed its partner HPQ Silicon Resources Inc’s (CVE:HPQ) (OTCMKTS:URAGF) first order for spherical nano silicon material from a big car maker.

The company said HPQ Silicon Resources through its subsidiary, HPQ Nano Silicon Powders Inc, secured a formal purchase order from a car maker for its spherical nano silicon powders to be produced by its PUREVAPTM Nano Silicon Reactor (NSiR).  

The carmaker is aware that HPQ NANO will only fulfill the order later in December, and this only guarantees them a spot in front of the queue for the material. The car maker’s name remains undisclosed at this point due to “competitive reasons.”

READ: PyroGenesis and HPQ Nano to add carbon coating to spherical nano silicon powders

“This is a remarkable achievement, and one which clearly underscores both the significant underlying interest in such powders and, as such, the potential impact this product offering could have on the industry,” said PyroGenesis Canada CEO P. Peter Pascali.

“In every new application there will always be challenges along the way, both anticipated and unanticipated. With that in mind, we are happy to note that at this point in time we see nothing that should prevent us from successfully producing the desired powders using PUREVAPTM NSiR.”

Come December, HPQ NANO will start its Gen 1 PUREVAPTM NSiR reactor and delivering material to keep up with the expected strong interest in its nano silicon products.

“To have piqued the interest of a major industrial player so early on, and to the point where they have sent us a formal purchase order for product, before production, just to insure their first mover position speaks volumes about where we are and what we are doing,” said HPQ Silicon CEO Bernard Tourillon.

The company is confident about the prospect of being one of the first to come to market with a low-cost scalable process that can encapsulate, in carbon, the spherical nano silicon powders and nanowires that batteries and electric vehicle manufacturers are looking for. 

Contact the author Uttara Choudhury at uttara@proactiveinvestors.com

Follow her on Twitter: @UttaraProactive

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