PyroGenesis Canada Inc. announce that it has been awarded a contract for a 900 kW plasma torch system for more than CAD 1 million. This contract was won in a competitive bid put out by RISE Energy Technology Center AB of Sweden (the Client or RISE). The invitation to participate was announced on November 11th, 2018 and the deadline for submitting applications was December 12th, 2018. Technical and commercial discussions took place in Sweden December 18-21st, 2018. The competition was narrowed down to two other companies besides PyroGenesis. The 10-day standstill period, in which participants could contest the decision based on procedure, expired January 2nd, 2019, and as such the contract was awarded to PyroGenesis. The Client and PyroGenesis are now in the process of finalizing contract terms. The torch is scheduled to be delivered by third quarter 2019.