PyroGenesis Confirms Receipt of $445,200 Milestone Payment for SPARC™ Land-Based Waste Destruction System
The engineering phase of the SPARC™ refrigerant waste destruction system has reached a crucial milestone, triggering the subject payment.
- The engineering phase of the SPARC™ refrigerant waste destruction system has reached a crucial milestone, triggering the subject payment.
- With the engineering phase nearing completion, PyroGenesis is on track as previously estimated and has already begun the fabrication process.
- PyroGenesis’ proprietary SPARC™ system uses inexpensive steam as the plasma-forming gas to generate a hydrolysis reaction which efficiently destroys refrigerants and ozone-depleting substances.
- Solid and hazardous waste destruction is part of the Company’s Waste Remediation tier, where it ensures a safe destruction of hazardous materials, and the recovery and valorization of underlying substances such as chemicals and minerals.