PyroGenesis wins second titanium powder contract with DoD-backed lab
PyroGenesis has secured a second titanium powder contract within a single month from a large U.S. applied research facility linked to the Department of Defence and NASA. The TSX-listed Canadian plasma-technology company will supply coarse-cut Ti64 titanium powder produced by its NexGen plasma atomisation system, with shipment expected within days of the announcement.
The client, whose identity remains confidential for competitive reasons, has indicated a need for a series of further follow-up orders, positioning PyroGenesis for what it describes as growing recurring revenue in the defence and aerospace segments. No contract value was disclosed.
The order
The powder in question is a Ti64 coarse cut, with particle sizes ranging from 45 to 106 microns, suited to electron beam melting (EBM), a form of metal additive manufacturing widely used to produce lightweight structural components for aerospace and biomedical applications. EBM builds parts layer by layer in a vacuum environment using an electron beam as the heat source, making it particularly well-suited to reactive metals such as titanium.
Prior to being awarded either contract, PyroGenesis was confirmed as compliant with the Defence Federal Acquisition Regulation Supplement (DFARS), the security-related procurement framework that governs certain U.S. Department of Defence contractors. That compliance accreditation is a prerequisite for sustained business with defence-adjacent research institutions and is not trivial to obtain for a non-U.S. manufacturer.
Chief executive P. Peter Pascali said the repeat order is consistent with a six-point growth plan the company set out in April 2026, aimed at scaling its Additive Manufacturing Division to a level "several times larger" than its current commercial footprint. Developing repeat customers was a stated pillar of that plan.
Market context
Plasma atomisation is a process that uses high-temperature plasma torches to melt and atomise metal feedstock into fine, spherical powder particles. PyroGenesis claims to have coined the term in its original patent and positions the process as the quality benchmark for metal powder used in additive manufacturing, commonly known as metal 3D printing.
The global titanium powder market for 3D printing is cited in the release as growing from an estimated $214 million in 2023 to a projected $1.4 billion by 2032, according to a third-party industry source. That figure is a vendor-cited projection and should be treated accordingly, but the directional trend is consistent with broader growth in aerospace additive manufacturing and the increasing use of titanium as a critical mineral across defence, space, hydrogen systems and electric vehicle applications.
Titanium is classified as a critical mineral by both Canada and the United States, meaning it sits within the political and industrial logic of supply-chain resilience that has driven significant government procurement and research investment on both sides of the border. For a company with DFARS compliance already in place, that classification is a meaningful commercial tailwind.
PyroGenesis is not alone in the plasma-atomised titanium powder space. Several European and North American producers compete on powder quality, yield and particle-size distribution. What distinguishes PyroGenesis's current commercial strategy is a deliberate progression from small sample orders to tonne-scale supply, a ramp the company began with its first tonne-scale order in May 2023.
What to watch
The lack of disclosed contract values makes it difficult to assess the near-term revenue impact of either order. Investors will look for PyroGenesis to name additional clients, disclose aggregate volumes from this facility as the follow-on order series materialises, and provide an update on whether the Additive Manufacturing Division's revenue trajectory is in line with the April growth plan. The DFARS compliance credential opens a relatively wide door in U.S. defence procurement; the question is how quickly the company can convert that access into contracted volume at meaningful scale.