Montreal, July 30, 2024 – HPQ Silicon Inc. (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08) has announced a groundbreaking achievement by its affiliate, Novacium SAS. Novacium’s latest batch of 18650 batteries, using their third-generation (GEN3) silicon-based anode material, has surpassed a capacity of 4,030 milliampere-hours (mAh). This places Novacium among only three companies globally to achieve such high energy density, approaching the current world record of 4,095 mAh.

Background and Context

HPQ Silicon, a leader in green engineering of silica and silicon-based materials, has a strong history of innovative developments. Novacium, its French affiliate, was established to push the boundaries in renewable energy technologies. With a focus on enhancing battery performance, Novacium has been developing silicon-based anode materials that significantly outperform traditional graphite-based batteries.

Key Highlights and Advantages

Novacium's GEN3 anode material demonstrates a remarkable 45% improvement in battery capacity compared to standard graphite batteries. The progression from GEN1 to GEN3 shows consistent advancements, with GEN3 reaching an impressive 4,030 mAh. This achievement underscores Novacium’s potential to revolutionize the battery industry.

• High Energy Density: GEN3 materials offer a 45% increase over graphite benchmarks.
• Global Recognition: One of only three companies to surpass 4,000 mAh in 18650 batteries.
• Future Potential: Plans for GEN4 materials to exceed 4,300 mAh.

Continually Enhancing Battery Performance with Silicon Based Anode Materials

The image shows the energy capacity of 18650 batteries made with Novacium materials. It starts with 100% graphite batteries on the left, and progresses to GEN1, GEN2, and GEN3 silicon-based anode materials. The final bar projects the potential capacity of GEN4 materials. Capacities are measured in milliampere-hours (mAh).

Potential Impact and Significance

This milestone positions HPQ Silicon and Novacium at the forefront of battery technology innovation. The ability to produce high-capacity batteries with silicon-based anodes could significantly impact various industries, from consumer electronics to electric vehicles. This advancement promises enhanced battery life, faster charging times, and greater energy efficiency.

Expert Opinions and Analysis

Dr. Jed Kraiem, COO of Novacium, stated, "Exceeding 4,000 mAh with our GEN3 materials highlights our capability to deliver top-tier battery performance. We believe our GEN4 materials will push these boundaries even further." Bernard Tourillon, President and CEO of HPQ Silicon, added, "Our seamless integration of advanced silicon anode materials into existing manufacturing processes accelerates the deployment of high-performance batteries, reducing costs and downtime."

Challenges and Considerations

Despite the promising results, Novacium faces challenges in scaling up production and achieving third-party validation for their records. The company’s strategic partnership with Evonik will be crucial in navigating these hurdles and ensuring continued innovation and market adoption.

Conclusion

HPQ Silicon and Novacium's latest achievement marks a significant step forward in battery technology. Their commitment to innovation and strategic collaborations positions them for a bright future in the energy sector. Investors and the business community should watch closely as HPQ continues to push the boundaries of what is possible in green engineering and advanced materials.

For more information, visit HPQ Silicon and stay tuned for further updates on this groundbreaking technology.

View original release:

https://hpqsilicon.com/wp-content/uploads/2024/07/HPQ_PR_GEN3_4KmAh_JULY_30_24_VCL11.pdf