Aerospace Contract Sparks 20% Rally in Shares of This Micro Cap Stock
On an otherwise risk-off trading day, a few bright spots emerged, including one micro-cap company that gained attention after securing a substantial order from a major global aerospace firm. Although the customer was not identified, investors welcomed the development, pushing the stock more than 20% higher.</p></p>PyroGenesis Inc. <a href="https://www.allpennystocks.com/stockquote/PYR:CA" target="_blank"><strong>(TSX: PYR)</strong></a> <a href="https://www.allpennystocks.com/stockquote/PYRGF" target="_blank"><strong>(OTCQX: PYRGF)</strong></a> announced earlier today that they have secured a half-tonne order of titanium metal powder from a major global aerospace company, marking the first contract received since the client granted the company official supplier status following a lengthy certification process. The order was won through a competitive bidding process and according to the company, highlights the growing confidence in PyroGenesis’ NexGen™ plasma atomization technology, which is designed for ultra-high-temperature industrial applications.</p></p>The agreement covers the delivery of “coarse” Ti64 powder, with particle sizes ranging from 45 to 150 microns. Production is being completed using the company’s NexGen™ plasma atomization system, and the material will be shipped to the customer in the coming days for use in aerospace R&D initiatives. The financial terms of the deal remain undisclosed for competitive reasons.</p></p>Shares of PYR were up 21.62% at $0.225, while U.S. listed shares (PYRGF) were up 23.08% at $0.1619 in early-afternoon trading.</p> <p>Copyright © 2025 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.</p><p>View <a href='https://www.allpennystocks.com/specialreportsCA/2389/aerospace-contract-sparks-20-rally-in-shares-of-this-micro-cap-stock'>more of this article</a> on AllPennyStocks.com.</p><p><strong>About AllPennyStocks.com Media, Inc.:</strong></p>
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