PyroGenesis Canada Inc. announced that, further to its press releases dated September 21, 2022 and November 2, 2022, all of the findings and recommendations made by a leading global aerospace company (the “Client”), as part of their on-site audit of PyroGenesis' NexGen™ metal powder production facility have been successfully completed and accepted. Now that the Client has approved and accepted PyroGenesis' NexGen™ manufacturing process, the next and final step is to provide sample titanium metal powder from the newly approved NexGen™ manufacturing process. The plasma atomized metal powder produced from PyroGenesis' proprietary process (NexGen™) will be used for verification and confirmation of their chemical and mechanical properties.

Having already passed this rigorous qualification process, management is of the opinion that future qualification audits from potential clients will now be completed in a significantly shorter time frame. PyroGenesis Additive is currently addressing an influx of opportunities from the past year and continues to expand its team in anticipation of meeting this demand.