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PyroGenesis Announces Receipt of US$ 515,000 Order from Military Consortium for Preliminary Testing of Mobile Plasma System for the Destruction of Chemical Warfare Agents
PyroGenesis Announces Receipt of US$ 515,000 Order from Military Consortium for Preliminar...
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[{"type":"text","content":"\n\n\n\nPyroGenesis Announces Receipt of US$ 515,000 Order from Military Consortium for Preliminary Testing of Mobile Plasma System for the Destruction of Chemical Warfare Agents\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPyroGenesis Announces Receipt of US$ 515,000 Order from Military Consortium for Preliminary Testing of Mobile Plasma System for the Destruction of Chemical Warfare Agents\nCanada NewsWire\nMONTREAL, Nov. 5, 2015\n\n\n\nMONTREAL, Nov. 5, 2015 /CNW Telbec/ - PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSXV: PYR) (OTCQB: PYRNF), a TSX Venture 50® clean-tech company (the \"Company\" or \"PyroGenesis\") that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products announced today that it received an order for US$ 515,271 to, amongst other things, commence testing of a Tactical Mobile Plasma System used for the Destruction of Chemical Warfare Agents (the \"Order\").  \n\nAs previously announced, PyroGenesis was first engaged by a multi-national military consortium (together the \"Client\") to develop a first of its kind Tactical Mobile Plasma System to be used for the destruction of Chemical Warfare Agents (the \"System\"), such as those being dealt with in Syria. \n\nPyroGenesis was contracted under a two (2) phase project, with the System expected to be delivered to the Client for testing by the end of Q3-2015. Testing of the System was originally to be completed by the Client at their site at a cost exceeding US$ 100MM. After inspection by the Client in early September, PyroGenesis has now been engaged to do the preliminary testing at its facilities in Montreal, Canada, with a portion of the initial testing budget allocated to PyroGenesis. \n\nThis new Order will fund a detailed testing program aimed at demonstrating the technical capabilities of PyroGenesis' System. Additionally, the Company was engaged to perform engineering services to enhance the System's capabilities and performance.\n\n\"The receipt of this Order involving the performance of a testing program underscores the Clie...