Business
PyroGenesis' Delivery of its Second Commercial Plasma System for the US Navy's JFK Aircraft Carrier is now 80% Complete; US Navy Shipbuilders Together with Sixteen Canadian Defence Attachés Scheduled to Visit this Month
MONTREAL , June 3, 2014 /CNW Telbec/ - PyroGenesis Canada Inc. ( http://pyrogenesis.co...
About this update from Pyrogenesis Inc.
[{"type":"text","content":"\n\n\nMONTREAL, June 3, 2014 /CNW Telbec/ - PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSXV: PYR), a TSX Venture 50® environmental solutions company that\n designs, develops and manufactures plasma waste-to-energy systems and\n plasma torch products, announced today that the Company is on schedule\n to deliver its second commercial Marine Plasma System to Huntington\n Ingalls Newport News Shipbuilding (HI-NNS) in 2014.  This contract is\n now 80% complete. HI-NNS will be visiting the Company in June as part\n of this contract. In addition, PyroGenesis has been selected by the\n Canadian Armed Forces as one of only three Quebec companies to be\n visited by a contingent of sixteen Canadian Defence Attachés.  These\n Attachés, who will be stationed internationally, have been tasked to\n assist in identifying defence related business opportunities for\n Canadian companies.\n\n\n\"PyroGenesis is honored at having been selected by the Canadian Armed\n Forces as one of a select group of companies for this strategic site\n visit\", said P. Peter Pascali CEO and President for PyroGenesis.  \"This\n is an incredible opportunity for PyroGenesis to leverage off of both\n Canada's international reputation and the global reach provided by the\n Canadian Defence Attachés\".\n\n\n\"Our Marine Plasma System is extremely compact, easy to operate,\n reliable, inherently-safe and environmental friendly.  As such these\n unique characteristics have led to new opportunities with smaller\n military vessels and mobile land-based waste destruction applications. \n We are currently targeting near term opportunities within the Canadian\n and US Navies for smaller military vessels and the upcoming visit by\n the Canadian Defence Attachés will further strengthen this business\n line\", said Gillian Holcroft, Executive VP Strategic Alliances for\n PyroGenesis. \"We believe that our commitment to engineering excellence\n has been a key factor in ensuring our long term customer relationships\n and to being recognized by both the US Military and the Canadian Armed\n Forces as a leader in state of the art military plasma based\n solutions.\"\n\n\n\"PyroGenesis is accustomed to working with the US Department of Defense\n and their prime contractors who expect their suppliers to deliver\n quality products on...