PyroGenesis
Montreal, QC, CanadaFounded 1991Industry
PyroGenesis is a Canadian plasma technology company that offers a mobile plasma system (PACWADS) designed to destroy chemical warfare agents such as sarin, mustard, soman and VX in the field, and has signed an agreement with a US defence contractor to pursue chemical weapons destruction work.
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Profile
PyroGenesis Inc. is a Montreal plasma technology company listed on the Toronto Stock Exchange under PYR, with predecessor companies founded in 1991.
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It voluntarily delisted from Nasdaq effective 16 November 2023 and remains TSX-listed and quoted on OTCQX. Its PACWADS system uses high-temperature electric plasma to destroy chemical agents including sarin, mustard gas, soman and VX.
In January 2026 it signed a teaming agreement with a US defence contractor to pursue Syrian chemical weapons destruction contracts, with tenders expected during 2026, but no award has been confirmed. It reported second quarter 2026 revenue of 4.4 million dollars.
Its main business is plasma processing for metal powders and waste. Contract values for chemical weapons destruction were not found.
Ownership
Publicly listed on the TSX (PYR) and quoted on OTCQX (PYRGF); voluntarily delisted from Nasdaq on 16 November 2023
Parent: none (publicly listed) (checked)
Sources (5)
- https://ir.pyrogenesis.com/news-releases/news-release-details/pyrogenesis-signs-agreement-us-defense-contractor-jointly-pursue
- https://ir.pyrogenesis.com/news-releases/news-release-details/pyrogenesis-announces-fourth-quarter-and-full-year-2025-results/
- https://www.globenewswire.com/news-release/2026/08/07/3340901/0/en/pyrogenesis-announces-second-quarter-2026-results-revenue-of-4-4-million-up-47-year-over-year-for-best-q2-since-2022.html
- https://ir.pyrogenesis.com/ir-resources/investor-faqs/
- https://www.theguardian.com/business/2006/jun/19/2
Not verified or not found
- Award status of the Syrian tenders: no award confirmed.
- Founding year 1991 is that of predecessor companies per a search summary.
- Statement that the main business is metal powders and waste: not cited in these sources.
Questions
What does PyroGenesis do?
PyroGenesis is a Canadian plasma technology company that offers a mobile plasma system (PACWADS) designed to destroy chemical warfare agents such as sarin, mustard, soman and VX in the field, and has signed an agreement with a US defence contractor to pursue chemical weapons destruction work.
Where is PyroGenesis based?
HQ (as found): Montreal, QC. HQ country: CA.
Who owns PyroGenesis?
Publicly listed on the TSX (PYR) and quoted on OTCQX (PYRGF); voluntarily delisted from Nasdaq on 16 November 2023. Parent: none (publicly listed) (checked)
Profiles are compiled from public sources and sampled-checked, not fully audited. Last verified 17 October 2026. Report a correction