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PyroGenesis Wins Second Titanium Powder Contract in a Month From US Research Facility

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PyroGenesis (PYR.TO) entered into a second contract within a month with a large US applied research facility, to provide coarse cut titanium powder for use in research and development of critical materials, it said in a statement on Wednesday.

The name of the client, and terms of the contract, will remain confidential for competitive reasons, but it is the same client that operates one of the largest applied research laboratories supported by the US Department of Defense and NASA, it said.

Shares of the company closed down 2.4% to C$0.20 on Tuesday on the Toronto Stock Exchange.

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