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PyroGenesis Receives Additional Contract of US $160K from Military Consortium to Improve Plasma System for the Destruction of Chemical Warfare Agents
PyroGenesis Receives Additional Contract of US $160K from Military Consortium to Improve P...
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[{"type":"text","content":"\n\n\n\nPyroGenesis Receives Additional Contract of US $160K from Military Consortium to Improve 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 Receives Additional Contract of US $160K from Military Consortium to Improve Plasma System for the Destruction of Chemical Warfare Agents\nCanada NewsWire\nMONTREAL, Feb. 4, 2016\n\n\n\nMONTREAL, Feb. 4, 2016 /CNW Telbec/ - PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: 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 additional contract of US $159,877 to provide engineering services  on the Tactical Mobile Plasma System used for the Destruction of Chemical Warfare Agents (the \"Contract\") already under contract.  \n\nAs previously announced, PyroGenesis was engaged by a multi-national military consortium (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.  This System has since been completed. \n\nPyroGenesis is currently contracted to perform in-depth testing of the System at its facilities in Montreal, Canada.  The Contract announced today was awarded to further automate the System, more specifically, to enhance the System's performance and minimize operator intervention for added safety.\n\nThis Contract is expected to start imminently and, along with testing of the first System currently underway at PyroGenesis' facilities, is expected to be completed by end of Q2-2016.  Of note, PyroGenesis' Client is planning to spend an additional US $100 Millions during the final testing phase of the System.\n\nAbout PyroGenesis Canada Inc. \n\nPyroGenesis Canada Inc., a TSX Venture 50® clean-tech company, is the world leader in the design, development, manufacture and commercialization ...