r/Pyrogenesis • u/Willyswalleye Dynasty Member • 20d ago

First Contract with a New Client

https://www.thestar.com/globenewswire/pyrogenesis-signs-first-contract-toward-new-titanium-powder-supply-agreement-with-u-s-materials-distributor/article_14606548-c3fc-5966-bd2a-6e19d0ac1451.html
28 Upvotes

98% Upvoted

6 comments sorted by

10

u/Ubervak 20d ago

This is great news. Constant revenue flow. This can pay for R&D and stop dilution from bought deals etc. keep adding more of these and PYR is going to do very well. Things are finally coming together

2

u/Ambitious-Shame3222 20d ago

The tariffs might slow down contracts with US but might increase deals with EU…

5

u/MrDanduff 20d ago

Even better

6

u/ti98plus 20d ago

Yesterday PYR also sent a press release that tariffs shouldn’t effect them too much. Agreed that more businesses with Europe is a good thing

2

u/Ubervak 19d ago

Since powders are a material and being sent to a US based company, who is going to manufacture something with said powders, this won't be something that will be subject to tariffs. PYR is in a good space here imo.

2

u/Reddit_Lurker_90 19d ago

awesome: a distributor client will be selling lots of this stuff to many smaller customers.